Rahul Sreenivasan, Director of Government Performance and Fiscal Policy
Texas 2036 Policy Advisor Rahul Sreenivasan offered written testimony on Monday to the Texas House Committee on Appropriations in favor of Senate Bill 30. He highlighted three spending items within the supplemental appropriations bill being considered. Here’s his testimony: For background, Texas 2036 is a non-profit, non-partisan, data driven organization, promoting long-term solutions for the state of…
Earlier this week, the Senate Finance Committee completed its multi-week run through every state agency’s budget presentation. As is usually the case, agencies adjusted their presentations from late last summer, when they first presented before the Legislative Budget Board and budget staff, to account for the recommendations in the base budget bills. After dozens of…
Texas 2036 Policy Advisor Rahul Sreenivasan appeared before the Senate Finance Committee on Friday to provide public testimony on tech modernization and cybersecurity during the budget presentation for the Texas Department of Information Resources. Here are the highlights from his tech modernization and cybersecurity investments testimony: Lawmakers should continue to invest in the Technology Improvement…
Yesterday, the House and Senate filed their initial budget proposals, frequently referred to as the “base bill,” for fiscal years 2024 and 2025. With the Legislature going into session with a record projected fund balance and revenues forecasted to continue at higher levels — a reflection of both recent inflation and a strong economy —…
This week, the Texas House and Senate both approved resolutions that will allow elected officials to raise the lagging salaries of their own staff. Our updated analysis last week showed just how far behind state pay has failed to keep pace with rising costs of living in Austin as well as with acute recent inflation. …
This afternoon, the Comptroller announced a record-breaking biennial revenue estimate of $188.23 billion available for general purpose spending. This estimate, which will serve as funding parameters for Texas House and Senate budget writers, is the largest revenue projection in state history. Here are five key takeaways from today’s announcement: #1: Revenue growth fueled by unprecedented…