Texas Insider Report: AUSTIN Texas Gov. Rick Perry Lt. Gov. David Dewhurst and House Speaker Joe Straus today sent a letter directing each state agency to identify savings of 2.5 percent of their original general revenue and general-revenue-dedicated appropriations for the remainder of the 2011 fiscal year.
Texas economy remains strong and as we lead the nation in recovery from the economic downturn we will continue to ensure that Texans tax dollars are spent prudently" Gov. Perry said. Identifying these savings builds on our ongoing call to keep government spending in check so that we can balance our state budget without raising taxes and continue to attract businesses that create jobs for Texans."
These savings along with those previously identified for the current fiscal year at the governor lieutenant governor and speakers January request will be realized through action the 82nd Texas Legislature takes in adopting a supplemental appropriations bill for fiscal year 2011.
While sales tax receipts have improved since the beginning of the year reduced spending in the current fiscal year will help prepare for budget reductions that will be necessary to balance the budget for the 20122013 biennium.
To view a copy of the letter please visit
http://governor.state.tx.us/files/press-office/2_5_Percent_Letter_12-6-10.pdf
Texas Insider Report: AUSTIN Texas Gov. Rick Perry Lt. Gov. David Dewhurst and House Speaker Joe Straus today sent a letter directing each state agency to identify savings of 2.5 percent of their original general revenue and general-revenue-dedicated appropriations for the remainder of the 2011 fiscal year.
Texas economy remains strong and as we lead the nation in recovery from the economic downturn we will continue to ensure that Texans tax dollars are spent prudently" Gov. Perry said. Identifying these savings builds on our ongoing call to keep government spending in check so that we can balance our state budget without raising taxes and continue to attract businesses that create jobs for Texans."
These savings along with those previously identified for the current fiscal year at the governor lieutenant governor and speakers January request will be realized through action the 82nd Texas Legislature takes in adopting a supplemental appropriations bill for fiscal year 2011.
While sales tax receipts have improved since the beginning of the year reduced spending in the current fiscal year will help prepare for budget reductions that will be necessary to balance the budget for the 20122013 biennium.
To view a copy of the letter please visit
http://governor.state.tx.us/files/press-office/2_5_Percent_Letter_12-6-10.pdf
