Petition to oppose the use of the Rainy Day Fund (Economic Stabilization Fund) to resolve the Texas Education Budget Deficit.

The Economic Stabilization Fund, also known as the Rainy Day Fund, was established by the Texas legislature to provide funds for unexpected emergencies. The education budget is a known and continuing expense. The current budget situation requires a long-term, responsible solution. The Rainy Day Fund is a spending source that will not support ongoing obligations. Using this money depletes the fund and does not address the root problem of excessive spending. Holding the line on spending will not be easy. It will require establishing thoughtful priorities and the realization that we can no longer afford the level of spending we have had in the past. In these difficult economic times it makes no sense to spend our savings account and still be left with the same budgetary predicament.

The Rainy Day Fund is for unexpected, one-time emergencies. Please sign this petition now to let Texas legislators know that the current budget deficit does not rise to the level that justifies raiding the Rainy Day Fund.