$20 billion from Proposition 4 is far short of state water funding needs

A NEWS ANALYSIS OF PROPOSITION 4 PART 2
There’s an elephant in the room that nobody talked much about concerning the overwhelming voter approval of Proposition 4 on the November 4 constitutional amendments ballot. Prop 4 is supposed to dedicate up to $1 billion a year for 20 years to the Texas Water Fund.Here’s the rub. If collected sales tax revenue does not exceed $46.5 billion in a state fiscal year, then no money will ...

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