Texas' fiscal year starts today. Which might explain the festive atmosphere around the state, that and all the Blue Bell Ice Cream floating around. The fiscal year is when the budgetary cycle begins, meaning that the budget worked out in the 84th legislative session this spring takes effect. It's actually a two year budget as we will discuss when we get to the Texas budget later this semester. It's called the 2016 - 2017 budget.
For items related to it click here - we'll cover these in a few weeks.
- 84th Legislative Budget Documents.
- The Legislative Budget Board.