Keeping the books of the state of Texas balanced can be something of a challenge. The past session of the Texas Legislature balanced the 2018-19 budget, albeit barely. The next session, due to start in a year, is going to face quite a challenge in making sure that spending matches tax receipts.
The report suggests that, with current estimates, the Texas population will double by 2050, and most of that population growth will be in the major urban areas of Dallas-Fort Worth, Austin, Houston, and San Antonio. The report, released in late 2014, might have underestimated the Texas population growth. At this time, there are a quarter million new Texans yearly.