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Texas Agencies Face Mandatory Budget Cuts | Texas News
Texas state agencies are being forced to slash budgets as leaders signal the end of era of massive surpluses, driven by a weakening economy that’s shrinking sales tax revenue — a key state income source. With looming deficit risks and no tuition hikes allowed, colleges face tough choices: cut staff, merge programs, or seek buyouts. While officials aim to protect core services, cuts could hit student aid and community colleges. Lawmakers may still fund targeted financial aid, but the pressure is on — agencies must submit revised budgets by mid-month, setting the stage for a tense fiscal year…
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