Final answer:
In 2014-2015, the primary functions of Texas state spending included healthcare and education, likely following the national average where healthcare received 36% and education 19% of the state budget. Pensions, welfare, and transportation were other significant areas of spending.
Step-by-step explanation:
Top 5 Functions of Texas State Spending in 2014-2015
During the fiscal year 2014-2015, Texas state spending was primarily focused on several key areas. According to available data, the largest portions of the budget were allocated to health care and education. While specific percentages for Texas in 2014-2015 aren't given, we can refer to the average state spending to approximate that healthcare and education were likely the top two spending categories in Texas as well. The average state spending chart shows that healthcare usually receives 36%, and education gets 19% of the state budget. The other significant spending functions include pensions, welfare, and transportation.
While the given references primarily discuss federal spending and the average state spending, it is reasonable to infer that Texas had a similar distribution of spending with healthcare and education as top priorities. Moreover, state and local spending includes programs like hospitals and healthcare, libraries, parks, highways, and police and fire protection.
Another important aspect to note is that all states except Vermont have balanced budget laws, ensuring spending aligns with revenue. This practice impacts how Texas allocates its budget across various functions.