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A number of states have a two-year or three year budget (e.g.: Kentucky) while others have a one-year budget (e.g.: Massachusetts). In the table, the fiscal years column lists all of the fiscal years the budget covers and the budget and budget per capita columns show the total for all those years.
Texas would be ranked as the 8th largest economy among nations of the world by nominal GDP, ahead of Canada, South Korea, Russia, and Australia. [10] In 2019, Texas had a median household income of $61,874. [11] As of August 31, 2022 Texas had a total of $64.40 billion in state debt outstanding, including both general obligation and revenue debt.
"Texas-sized" describes something that is about the size of the U.S. state of Texas, [340] [341] or something (usually but not always originating from Texas) that is large compared to other objects of its type. [342] [343] [344] Texas was the largest U.S. state until Alaska became a state in 1959. The phrase "everything is bigger in Texas" has ...
This map is the earliest recorded document of Texas history. [ 18 ] Between 1528 and 1535, four survivors of the Narváez expedition , including Álvar Núñez Cabeza de Vaca and Estevanico , spent six and a half years in Texas as slaves and traders among various native groups.
Once the budget is approved, the use of funds from individual chapters is in the hands of government ministries and other institutions. Revenues of the state budget consist mainly of taxes, customs duties, fees, and other revenues. State budget expenditures cover the activities of the state, which are either given by law or the constitution.
The geography of Texas is diverse and large. Occupying about 7% of the total water and land area of the U.S., [1] it is the second largest state after Alaska, and is the southernmost part of the Great Plains, which end in the south against the folded Sierra Madre Oriental of Mexico.
The Texas Administrative Code contains the compiled and indexed regulations of Texas state agencies and is published yearly by the Secretary of State. [5] The Texas Register contains proposed rules, notices, executive orders, and other information of general use to the public and is published weekly by the Secretary of State. [6]
The ability of the United States government to tax and spend in specific regions has large implications to economic activity and performance. Taxes are indexed to wages and profits and therefore areas of high taxation are correlated with areas of higher per capita income and more economic activity.