Question 1

The National Research University Fund was established through a constitutional amendment to provide a source of funding for

Accepted Answer

A)  community colleges in poorly performing districts. 
B)  community colleges in primarily minority districts. 
C)  independent school districts who sought to reduce the dropout rate. 
D)  school tuition relief based on the high rate of tuition increases colleges were experiencing. 
E)  universities seeking to achieve national prominence as research institutions. 
A)  community colleges in poorly performing districts. 
B)  community colleges in primarily minority districts. 
C)  independent school districts who sought to reduce the dropout rate. 
D)  school tuition relief based on the high rate of tuition increases colleges were experiencing. 
E)  universities seeking to achieve national prominence as research institutions. E

Question 2

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

Accepted Answer

A)  income 
B)  sales 
C)  property 
D)  gasoline 
E)  various taxes on the energy industry 
A)  income 
B)  sales 
C)  property 
D)  gasoline 
E)  various taxes on the energy industry B

Question 3

The ________ budget is one composed of funds for dedicated revenues that target money for specific purposes.

Accepted Answer

A)  General Revenues Fund 
B)  General Revenue-Dedicated Funds 
C)  Federal Funds 
D)  Rainy Day Funds 
E)  Miscellaneous Funds 
A)  General Revenues Fund 
B)  General Revenue-Dedicated Funds 
C)  Federal Funds 
D)  Rainy Day Funds 
E)  Miscellaneous Funds B

Question 4

Why must the Texas legislature maintain a balanced budget?

Accepted Answer

A)  It is required by the U.S. Constitution. 
B)  It is required by the Texas Constitution. 
C)  Each legislative session decides to balance or not balance the state budget. 
D)  The Texas Office of the Comptroller writes the state budget. 
E)  Prior to assuming office, politicians in Texas swear an oath to balance the budget. 
A)  It is required by the U.S. Constitution. 
B)  It is required by the Texas Constitution. 
C)  Each legislative session decides to balance or not balance the state budget. 
D)  The Texas Office of the Comptroller writes the state budget. 
E)  Prior to assuming office, politicians in Texas swear an oath to balance the budget.

Question 5

The Permanent School Fund distributes money to school districts across the state based on what two factors?

Accepted Answer

A)  the number of schools in a district and student attendance 
B)  student attendance and guaranteed bonds issued by local school boards 
C)  the number of teachers and test scores 
D)  teacher availability to student ratio and test scores 
E)  income and ethnic composition of student body 
A)  the number of schools in a district and student attendance 
B)  student attendance and guaranteed bonds issued by local school boards 
C)  the number of teachers and test scores 
D)  teacher availability to student ratio and test scores 
E)  income and ethnic composition of student body

Question 6

Discuss the major sources of state revenue in Texas and the major categories of state spending.

Accepted Answer

The answer of Discuss the major sources of state revenue...

Question 7

The Permanent University Fund was established in 1876 with a land grant of 1 million acres. It contributes to the support of

Accepted Answer

A)  all institutions of higher education in Texas. 
B)  virtually all community colleges in Texas. 
C)  only institutions designated by the state legislative body. 
D)  the University of Texas and Texas A&M university systems. 
E)  all Texas educational institutions, regardless of size or need. 
A)  all institutions of higher education in Texas. 
B)  virtually all community colleges in Texas. 
C)  only institutions designated by the state legislative body. 
D)  the University of Texas and Texas A&M university systems. 
E)  all Texas educational institutions, regardless of size or need.

Question 8

When the Texas state lottery went before the voters in 1991, the vast majority of Texans voted to approve it.

Accepted Answer

A) True 
 B)False

Question 9

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

Accepted Answer

A)  raising tax rates. 
B)  borrowing from the federal government. 
C)  spending cuts. 
D)  a newly implemented income tax. 
E)  a brand-new source of revenue derived from underground fracking. 
A)  raising tax rates. 
B)  borrowing from the federal government. 
C)  spending cuts. 
D)  a newly implemented income tax. 
E)  a brand-new source of revenue derived from underground fracking.

Question 10

Texas spending on a per capita basis is

Accepted Answer

A)  about even with the national average. 
B)  much higher than the national average. 
C)  much lower than the national average. 
D)  among the highest, particularly in education. 
E)  second only to that of New York State. 
A)  about even with the national average. 
B)  much higher than the national average. 
C)  much lower than the national average. 
D)  among the highest, particularly in education. 
E)  second only to that of New York State.

Question 11

The main purpose of the Permanent School Fund is to

Accepted Answer

A)  buy textbooks for Texas children. 
B)  fund primary and secondary schools in the state. 
C)  fund universities and community colleges in the state. 
D)  fund the two main universities in Texas: the University of Texas and Texas A&M. 
E)  fund religious education in Texas. 
A)  buy textbooks for Texas children. 
B)  fund primary and secondary schools in the state. 
C)  fund universities and community colleges in the state. 
D)  fund the two main universities in Texas: the University of Texas and Texas A&M. 
E)  fund religious education in Texas.

Question 12

There is a high sales tax in Texas of ________ percent.

Accepted Answer

A)  8.25 
B)  6.15 
C)  8.75 
D)  6.25 
E)  9 
A)  8.25 
B)  6.15 
C)  8.75 
D)  6.25 
E)  9

Question 13

If Texas instituted a progressive income tax,

Accepted Answer

A)  low-income Texans would pay a lower tax rate than wealthy Texans. 
B)  low-income Texans, collectively, would contribute less to the state budget than wealthy Texans would. 
C)  wealthy Texans would pay at a lower tax rate. 
D)  people with lower incomes would pay at a higher tax rate. 
E)  poor homeowners and renters would pay taxes at higher rates. 
A)  low-income Texans would pay a lower tax rate than wealthy Texans. 
B)  low-income Texans, collectively, would contribute less to the state budget than wealthy Texans would. 
C)  wealthy Texans would pay at a lower tax rate. 
D)  people with lower incomes would pay at a higher tax rate. 
E)  poor homeowners and renters would pay taxes at higher rates.

Question 14

Explain the strengths and weaknesses of the budgetary process in Texas.

Accepted Answer

The answer of Explain the strengths and weaknesses of the...

Question 15

Prior to 2003, tuition rates for public colleges and universities in Texas tended to be

Accepted Answer

A)  slightly above the national average. 
B)  slightly below the national average. 
C)  about even with the national average. 
D)  much higher than the national average, because Texas has no state income tax. 
E)  low compared to other states. 
A)  slightly above the national average. 
B)  slightly below the national average. 
C)  about even with the national average. 
D)  much higher than the national average, because Texas has no state income tax. 
E)  low compared to other states.

Question 16

The Rainy Day Fund is more properly known as the National Research University Fund.

Accepted Answer

A) True 
 B)False

Question 17

The Legislative Budget Board's draft budget, NOT the governor's budget, is the one voted upon by the legislature.

Accepted Answer

A) True 
 B)False

Question 18

In theory, Texas has a dual-budget system, meaning the budget authority is shared by the governor and the legislature; however, in practice, the primary player(s) in the budget is/are

Accepted Answer

A)  the governor. 
B)  the legislature. 
C)  the taxpayers. 
D)  special interests. 
E)  the courts. 
A)  the governor. 
B)  the legislature. 
C)  the taxpayers. 
D)  special interests. 
E)  the courts.

Question 19

What entity determines how much money is available to public education through the Permanent School Fund?

Accepted Answer

A)  the governor 
B)  the Texas Higher Coordinating Board 
C)  the State Board of Education 
D)  a Blue Ribbon Committee on education 
E)  the state education secretary 
A)  the governor 
B)  the Texas Higher Coordinating Board 
C)  the State Board of Education 
D)  a Blue Ribbon Committee on education 
E)  the state education secretary

Question 20

Identify and discuss the major players in the budget process in Texas (offices or entities).

Accepted Answer

The answer of Identify and discuss the major players in...

The National Research University Fund was established through a constitutional amendment to provide a source of funding for

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

The ________ budget is one composed of funds for dedicated revenues that target money for specific purposes.

Why must the Texas legislature maintain a balanced budget?

The Permanent School Fund distributes money to school districts across the state based on what two factors?

Discuss the major sources of state revenue in Texas and the major categories of state spending.

The Permanent University Fund was established in 1876 with a land grant of 1 million acres. It contributes to the support of

When the Texas state lottery went before the voters in 1991, the vast majority of Texans voted to approve it.

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

Texas spending on a per capita basis is

The main purpose of the Permanent School Fund is to

There is a high sales tax in Texas of ________ percent.

If Texas instituted a progressive income tax,

Explain the strengths and weaknesses of the budgetary process in Texas.

Prior to 2003, tuition rates for public colleges and universities in Texas tended to be

The Rainy Day Fund is more properly known as the National Research University Fund.

The Legislative Budget Board's draft budget, NOT the governor's budget, is the one voted upon by the legislature.

In theory, Texas has a dual-budget system, meaning the budget authority is shared by the governor and the legislature; however, in practice, the primary player(s) in the budget is/are

What entity determines how much money is available to public education through the Permanent School Fund?

Identify and discuss the major players in the budget process in Texas (offices or entities).

The Political Culture, People, and Economy of Texas

The Texas Constitution

Texas in the Federal System

Political Parties in Texas

Elections in Texas

Interest Groups and Lobbying

The Texas Legislature

The Texas Executive Branch

The Texas Judiciary

Local Government in Texas

Public Policy in Texas

Crime and Corrections Policy in Texas

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Exam 11: Public Finance in Texas

The National Research University Fund was established through a constitutional amendment to provide a source of funding for

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

The ________ budget is one composed of funds for dedicated revenues that target money for specific purposes.

Why must the Texas legislature maintain a balanced budget?

The Permanent School Fund distributes money to school districts across the state based on what two factors?

Discuss the major sources of state revenue in Texas and the major categories of state spending.

The Permanent University Fund was established in 1876 with a land grant of 1 million acres. It contributes to the support of

When the Texas state lottery went before the voters in 1991, the vast majority of Texans voted to approve it.

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

Texas spending on a per capita basis is

The main purpose of the Permanent School Fund is to

There is a high sales tax in Texas of ________ percent.

If Texas instituted a progressive income tax,

Explain the strengths and weaknesses of the budgetary process in Texas.

Prior to 2003, tuition rates for public colleges and universities in Texas tended to be

The Rainy Day Fund is more properly known as the National Research University Fund.

The Legislative Budget Board's draft budget, NOT the governor's budget, is the one voted upon by the legislature.

In theory, Texas has a dual-budget system, meaning the budget authority is shared by the governor and the legislature; however, in practice, the primary player(s) in the budget is/are

What entity determines how much money is available to public education through the Permanent School Fund?

Identify and discuss the major players in the budget process in Texas (offices or entities).

The Political Culture, People, and Economy of Texas

The Texas Constitution

Texas in the Federal System

Political Parties in Texas

Elections in Texas

Interest Groups and Lobbying

The Texas Legislature

The Texas Executive Branch

The Texas Judiciary

Local Government in Texas

Public Policy in Texas

Crime and Corrections Policy in Texas

Filters