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TxDOT claims their current budget crisis is a result of accidentally double-counting more than a billion bucks in bond revenue.
Senator Tommy Williams - a TSCPA member - has called for an immediate audit.
Read the Austin American-Statesman's coverage here.
Legislators frequently pass legislation that dedicates certain state taxes or revenue to specific purposes. However, unless the legislature also appropriates the money, the funds cannot be spent on their intended purpose.
For example, this past session Sen. Carona (R - Dallas) passed a bill that makes the cities that have red light cameras share the take with the state, ostensibly to be used to fund trauma care centers. But the legislature failed to appropriate the money, so it now sits in a state bank account. For more information about lack of state government transparency, check out this Houston Chronicle article.
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