Govt 2306 – Chapter 11 Quiz

Why must the Texas legislature maintain a balanced budget?

Which is the single largest source of tax revenue for the state of Texas?

Texas is known as a high tax state; because of this, it is a good place to do business.

Overall, the tax system in Texas is generally considered to be regressive, which means that

The Legislative Budget Board plays an important role in the budget process in Texas.

The main purpose of the Permanent School Fund is to

The Economic Stabilization Fund is also known as the

In addition to the state sales tax of 6.25 percent, county, city, and metropolitan transit authorities are allowed to impose an additional 2 percent sales tax.

Federal funds appropriated in Texas generally are

Following a legislative decision in 2003 to reduce state funding to higher education, which source of university revenue began to increase most rapidly?

Which of the following are NOT generally considered to be an example of regressive taxes or fees?

Prior to 2003, tuition for public colleges and universities in Texas was set by the

Texas is one of a handful of states that does NOT have a state income tax.

Next to revenue generated by state taxes, the second-largest source of state revenue comes from

What are the major school funding sources in Texas? This is not about taxes but which "accounts" fund public and college education.

To address the budget shortfall in the 2012-2013 budget, the most common tactic used by the legislature was

Texas maintains a balanced budget because the state constitution requires it.