What is the Legislative Budget Board (LBB)?

The Legislative Budget Board (LBB) is a vital component of Texas state governance that prepares the state budget and oversees its implementation. It is a bipartisan legislative agency that plays a central role in the budgetary process, ensuring that the state's financial resources are allocated efficiently and in line with legislative priorities.

The LBB is responsible for drafting the budget based on input from various state agencies, evaluating their funding requests, and making recommendations to the Legislature. Additionally, it monitors the execution of the budget throughout the fiscal year, providing analysis and updates on the state’s financial status and spending trends. By doing so, the LBB helps facilitate fiscal discipline and accountability in Texas government operations.

This role is crucial in maintaining the integrity of the budget process, as it ensures that state expenditures align with legislative goals and the overall economic context. The outcome of these activities significantly impacts public policy and the allocation of state resources.