State budget could benefit Texas Tech - KCBD NewsChannel 11 Lubbock


State budget could benefit Texas Tech


LUBBOCK, TX (KCBD) - There is good news for Texas Tech and the folks who have a job at the University. The Texas Senate now waits for the House to pass its version of the state budget. The leading proposal right now is $182 billion over two years. State Senator Robert Duncan says it's a 7.3% increase over the last budget. It includes a $14 million increase in state funding at Texas Tech. Not only that, but the state puts away a little money for a rainy day.

"Currently the rainy day fund is approximately $9 billion. We hope by the end of the next biennium it will grow to about $12 billion. That reserve should be sufficient to help us whether any continuation of the recession, as we now see it," said Duncan.

It is believed that the final version of the budget should be ready by mid May. For Your Cell Phone
Get the latest news, weather, sports and more on your mobile phone or PDA with

Powered by WorldNow

5600 Avenue A
Lubbock, TX. 79404

FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2014 Worldnow and KCBD. All Rights Reserved.
For more information on this site, please read our Privacy Policy and Terms of Service.