T/F there is no mechanism available under the current budgetary system in texas to shift monies between agencies or programs when the legislature is not in session.

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16-12-2022
Law

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T/F there is no mechanism available under the current budgetary system in texas to shift monies between agencies or programs when the legislature is not in session.

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varshamittal029 varshamittal029 · Answer 1 · 2022-12-19T21:52:05-05:00

True, Texas' current budgetary system does not provide a way to transfer funds between programs or agencies when the legislature is not in session.

In Texas, the state budget process lasts for two years and is followed by a two-year, or "biennial," appropriations act that is primarily created by the legislature.
A deficit cannot be carried over into the following year by the legislature, which must pass a balanced budget. A budget rule based on personal income growth is part of the Texas Constitution, which further restricts spending growth.
More than 60 different taxes, fees, and assessments generate more than $250 billion in revenue for the state each year. The majority of that money is used to fund projects and services like building new roads, granting licenses to professionals, operating prisons, and funding academic research.

Therefore, it is accurate to say that Texas' current budgetary system does not offer a means of allocating money between programs or agencies when the legislature is not in session.

Learn more about Texas budgetary system here: https://brainly.com/question/28118255

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