Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Ask your questions and receive precise answers from experienced professionals across different disciplines. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

The Texas Constitution mandates that money spent on debt service cannot exceed more than what percentage of state revenue

Sagot :

Answer:

5 percent

Explanation:

The Texas Constitution mandates that money spent on debt service cannot exceed more than 5 percent. When the state of Texas was established, Texas had very little debt. So, as a result, the Constitution was created and it states that it can not exceed 5%. Therefore, the answer is 5 percent.

We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.