Rainy Day Fund

Texas Legislature
4:38 pm
Fri April 12, 2013

$6 Billion Of Rainy Day Fund Marked For Water And Roads - Education Left Off

Ryan Poppe TPR News

Texas Senate Committee on Finance gave their approval for tapping into the state’s so-called Rainy Day Fund to pay for future water and transportation needs.

Sen. Tommy Williams, R-The Woodlands, authored the bill that doesn’t include any of the money going to education.

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Texas Legislature
9:44 am
Mon January 7, 2013

Some Texas Lawmakers Ready To Tap The Rainy Day Fund

capitol.state.tx.us

Originally published on Mon January 7, 2013 6:00 am

As the state legislature prepares to open its session Tuesday, lawmakers are hearing a word not spoken in the capitol for a long time. It’s ‘surplus.’ Unlike two years ago, when they faced a massive deficit and cut $15 billion from the budget, there’s talk of an increase in money for state programs and a growing Rainy Day fund. The state comptroller will release the official budget estimate this morning, but the debate over whether and how to spend the Rainy Day money has already begun.

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