Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Lesson 3 essay exam

Lesson 3 Essay

Q What budgetary requirements or restrictions are found in the Texas Constitution? Do these restrictions help or hurt Texas in today’s competitive business environment? Are there any problems with these restrictions for a rapidly growing state? Describe the types, functions, and challenges of special purpose districts in Texas. Who creates them? How are they created? What is their role?

View Related Questions

Solution Preview

The Texas Constitution mandates a balance budget. The Texas Legislature by using the vote option allows the state to go in to debt by four/fifth vote from each chamber. In Texas Constitution there are four limitations on state spending they are, Debt limit, Welfare spending limit, pay-as-you go limit and Limit on the growth of certain appropriations that is spending limit. These restrictions have helped Texas to grow in today’s competitive business environment. These restrictions help the rapidly growing state in big way.