• Cartoon: "Thadeus & Weez -- Tax Cuts" by Charles Pugsley Fincher (266)
  
  
• The Texas Economy: Two Decades of Change (267)
  
  
• Enduring Policy Issues (268)
  • Public School Pressures (268)
  • Highway Demands (269)
  • Prison Stresses (269)
  • Welfare Strains (269)
  
  
• Traditional Fiscal Policies (270)
  • Budget Policy (270)
  • Taxing Policy (270)
  • Spending Policy (271)
  
  
• Politics of Budgeting and Fiscal Management (271)
  • Budgeting (271)
    • Legislative Budget Board (271)
    • Office of Budget and Planning (272)
    • Budget Preparation (272)
  • Tax Collection (273)
  • Lottery Supervision (273)
  • Investment of Public Funds (273)
  • Purchasing (274)
  • Accounting (274)
  • Auditing (275)
  
  
• Politics of Revenue and Debt Management (275)
  • The Politics of Taxation (275)
  • Current Trends in Texas Taxation (276)
    • Sales taxes (276)
      • Figure 9.1 Net Texas State Revenue by Source, Fiscal Year 1997 (276)
    • Business taxes (277)
    • Death tax (279)
    • Tax burden (279)
    • Tax reform (279)
  • Revenue from Gambling (279)
    • Racing (279)
    • Lottery (280)
    • Bingo (280)
  • Nontax Revenues (280)
    • Federal grants-in-aid (280)
    • Land revenues (281)
    • Tobacco suit windfall (282)
    • Miscellaneous sources (282)
  • The Public Debt (282)
    • Growth of bonded debt (282)
    • Bond review (283)
  
  
• Politics of Spending (283)
  • Spending to Purchase Services (284)
    • Figure 9.2 Net Texas State Expenditures by Function, Fiscal Year 1997
    • Public schools: kindergarten through high school (284)
    • Public higher education (285)
    • Human services ( (286)
    • Public transportation (288)
    • Public health programs (288)
    • Public safety programs (289)
  • Spending to Perform Services (289)
    • Aid to political subdivisions (289)
    • Administrative costs (289)
  
  
• Looking Ahead (290)
  
  
• Notes (291)
  
  
• Key Terms and Concepts (292)
  
  
• Selected Reading: "Texas Versus Tobacco" by Joe E. Ericson (293)
  • Substance of the Agreement (293)
  • Some Remaining Complications (294)
  • The Washington Factor (294)
  • The Legal Fees Issue (294)
  • The Local Government Complication (295)
  • The Minnesota Settlement (296)
  • Morales Enters Another Suit (296)
  • End of the Trail (297)