Trend Spotting. TPPF. Appropriations. Article 3.
TPPF is working its way through the state budget’s articles identifying trends. Up this week- Article 3:
- Article 3 is up 59% while population + inflation was only up 555 since 2004-2005
- Article 3 general revenue spending is up 65% since 2004-2005
- Top 3 item increases in Article 3 for 2016-2017 are:
- 34.8% increase for Higher Education Coordinating Board
- 28.0% increase at Available Univeristy Fund
- 25.4% increase for group insurance and retirement
- The 2016-2017 Article 3 budget is below population growth plus inflation
TPPF Spotlight | TEXAS BUDGET TRENDS IN ARTICLE III