IDNLearn.com: Where your questions meet expert answers and community support. Find the answers you need quickly and accurately with help from our knowledgeable and experienced experts.

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.

Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Your questions find answers at IDNLearn.com. Thanks for visiting, and come back for more accurate and reliable solutions.