According to the Texas Comptroller’s office, the 2022-2023 Texas budget will have a $7.85 billion surplus. This surplus comes in contrast to Comptroller Hager’s January prediction of a COVID-related shortfall. The Texas Public Policy Foundation has proposed a plan (similar to House Bill 122) which would use the surplus to begin buying down Texans’ property taxes.
What other recommendations are you seeing for the surplus? We'd love to hear on Twitter or Facebook.