Question: Question 2 ( 1 point ) Sawed Article 3 , Section 4 9 a of the Texas Constitution, also known as the pay - as

Question 2(1 point)
Sawed
Article 3, Section 49a of the Texas Constitution, also known as the pay-as-you-go limit, requires that
a) Texas maintains a balanced budget, meaning that spending from the General Revenue Fund cannot exceed projected available revenue.
b) since taxes are paid into the state on a yearly basis, the legislature is able to set an annual budget.
c) there is a specific margin of error allowed in the budgeting process.
d) the dedicated funds are mandated in the constitution and cannot be altered.
Question 2 ( 1 point ) Sawed Article 3 , Section

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!