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1 Document(s) [ Subject: Fire Fighter's Pension Commissioner ]

Committee: Senate Finance
Title: Interim Report - General Budget and Tax Issues
Library Catalog Title: Interim report of the Senate Finance Committee : recommendations to the 79th Legislature.
Subjects: Employees Retirement System of Texas | Fire Fighter's Pension Commissioner | Judicial Retirement System of Texas | Public retirement systems | Rainy Day Fund | State budget certification | State budgets | State government debt | Tax revenue | Teacher Retirement System of Texas |
Library Call Number: L1836.78 F49 v. 1
Session: 78th R.S. (2003)
Online version: View report [355 pages  File size: 15,793 kb]
Charges: This report should address the charges below.
1. General Budget Oversight. Monitor state agency implementation of HB 1, 78th Legislature, Regular Session, by reviewing key strategies, programs, and rider provisions.
2. Revenue Oversight. Monitor and track the Texas' key revenue sources. Develop recommendations to keep the Legislature apprised of key revenue source activity throughout the duration of this and future fiscal biennia.
3. General Budget and Tax Issues Rainy Day Fund. Track the history of appropriations out of and deposits of revenue into the Texas' rainy day fund. Monitor FY 2004-2005 deposits of revenue to the fund. As needed, make recommendations on how to improve revenue sources and the manner in which the fund can be spent. Pension Fund Review. Report on the current condition of the state's pension systems, including an analysis of unfunded liabilities. Make recommendations, as necessary, to ensure Texas meets its financial obligations in the future. Issuance of State Bonds. Review the role of the Public Finance Authority and the Bond Review Board in the issuance of state bonds, and make recommendations, as necessary, for improvements. Budget Certification. Study the budget certification process. Make recommendations on how to improve the process of certifying the state budget by the Comptroller of Public Accounts. General Appropriations Act Bill Pattern Review. Review effectiveness of current and past bill patterns, and make recommendations, as necessary, for improvements.

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