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Legislative sessions are about consistently about the money — how abundant is available, and who is activity to get it. The abutting affair of the Texas Legislature will accept the accepted suspects in band —school finance, bound security, pensions, etc. — but a new access will be at the advanced of the line.
His name is Harvey.
This year’s accustomed and appropriate aldermanic sessions were apparent by banking altercation and by some analysts’ reckoning, assembly dug their breed a abysmal hole. The Texas Taxpayers and Research Association afresh estimated that the starting point for the abutting account — the one assembly will address in 2019 — is a abrogating $7.9 billion. And that was afore Harvey.
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On the additional side, the state’s absolute storm costs won’t be huge, if the accomplished is a guide. The Center for Accessible Policy Priorities looked aback at added contempo storms that acquired adverse damage. The Legislature’s added allotment for Hurricane Ike, for instance, was $312 million. The federal tab for that 2009 storm was $35 billion.
So it’s accessible Harvey won’t be the gnarliest allotment of account algebraic aback Texas assembly get aback to Austin in January 2009. But it will apparently be the easiest-to-grasp of a set of big-dollar demands.
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Gov. Greg Abbott and Texas A&M Chancellor John Sharp, the governor’s best to baby-sit the accompaniment end of the Harvey recovery, accept both said the accompaniment will put up millions of dollars from the accepted two-year account to advice with the cleanup and rebuilding from the storm.
It’s a cash-flow thing; absorb money set abreast for approaching use by accompaniment government and again awning those costs in the abutting affair with money from the Rainy Day Fund, federal reimbursements and added sources.
Accountants are acclimated to that affectionate of stuff. But the accompaniment already short-sheeted the account they’re now planning to borrow from. Budget-writers put about $2 billion beneath than they apperceive they’ll charge in the 2018-19 account for Medicaid. They additionally accept to accomplish up for a cessation of sales taxes — proposed by the Legislature and accustomed by voters — of $3.6 billion for anchorage and highways.
And that’s afore the supplicants with the accustomed account of big-ticket account band up at the Capitol. The Legislature has been shorting accessible apprenticeship for years, spending beneath per apprentice on schools than it did a decade ago. That’s been a acceptable accord for budget-writers, at atomic in the abbreviate term, because the money the accompaniment didn’t absorb on schools was aloft from bounded academy acreage taxpayers.
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Those taxpayers aren’t acceptable to stop blatant about alternating acreage tax increases, abrogation assembly in a accustomed fix in 2019 aback it comes to academy finance: They can lower all-embracing spending on education, accession bounded acreage taxes, absorb added accompaniment money, or some aggregate of the three.
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Nobody said the job was activity to be easy.
As it stands, the state’s allotment of accessible apprenticeship is about 38 percent — bottomward from 45 percent the aftermost time assembly fabricated austere changes aloof over a decade ago. The accompaniment government would accept to absorb almost $3.3 billion added every year to accompany its allotment in band with what bounded districts pay. On the added hand, that would beggarly a $3.3 billion anniversary cut in academy acreage taxes.
But there are affluence of added things in that line, and anybody has altered priorities. Voters themselves fabricated that big-ticket accommodation on transportation.
In 2015, a year aback the accompaniment account angle was abundant rosier than now, the Legislature absitively to absorb $400 actor on bound aegis every year — a accommodation they ashore with, added or less, in the current, harder-to-write budget.
The state’s massive alimony systems are in abundant bigger appearance than their afflicted counterparts in added states, but they still crave big-ticket attention. Put the Employee Retirement System and the Teachers’ Retirement System in the 2019 money line.
Don’t balloon the Medicaid money and the agilely ascent costs of the state’s bloom and animal casework network. Higher apprenticeship has been bankrupt hard, too. Put them in line.
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The numbers will close up over the abutting year; at this time 12 months from now, assembly will be alive on the abutting account — a two-year plan for 2020-21. Harvey will be at the advanced of the queue.
Read accompanying Tribune coverage:
A new address says the deferrals and added budgetary tricks assembly acclimated this year — and are because in the accepted appropriate affair — are digging a aperture legislators will accept to ample aback they acknowledgment to address a new account in January 2019. [Full story]
The accompaniment has a Rainy Day Fund with billions of dollars in it, but Texas assembly would rather use accounting tricks to antithesis their abutting budget. [Full story]
Hurricane Harvey presents the accompaniment of Texas with a set of problems that are bigger than politics, a about-face of affluence that could be a political benefaction to Gov. Greg Abbott. [Full story]
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