Texas Budget Overview
How much Texas spent in 2024 so far
83 Billion
Texas develops its budget on this basis, planning for two years.
biennially
This percentage is allocated to education and human services in the Texas budget.
70%
One major fiscal challenge Texas faces is the rise in these costs
healthcare costs
In 2022, this was the cost of insurance for a family in Texas.
22,000
The method Texas uses to plan budgets
Binnial
This board guides the budget proposal process in Texas.
the Legislative Budget Board
Texas is ranked this number among states in education funding
46
This gap has left Texas highways and buildings unfinished.
investment gap
This fraction of a middle-class family’s income does insurance represent.
1/3
This percentage increase reflects this year's budget compared to last year's.
7%
After the budget proposal, the {BLANK} usually approves it
Legislature
High spending on these two areas highlights inefficiencies in Texas's budget.
education and health services
This term refers to spending that cannot be consistently maintained.
unsustainable spending
Texas is one of only 10 states that does not offer this to low-income individuals
healthcare program
These two factors primarily drive Texas's high spending.
fiscal challenges and structural issues
After the legislature, these two officials review the budget
Comptroller of Public Accounts and the governor
These are the two largest areas of expenditure in Texas’s budget.
education and health services
These challenges can lead to issues for families, making health care and infrastructure difficult to access.
fiscal challenges
High healthcare costs affect families by making it difficult to afford this
necessary healthcare
when Texas typically develops its budget
the spring of year before the legislative session
The budget is monitored continuously over this period
2 years
There are multiple factors for budgeting, but these are the most significant areas.
education and health
Local governments may face this as a result of unsustainable spending.
budget cuts
Rising healthcare costs are considered a significant challenge because they make access to this very important service unaffordable.
healthcare