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What Is the Second-Largest Functional Category of State Spending in Texas

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What is the second-largest functional category of state spending in Texas?


Definitions:

Year 0 Value

A reference to the initial value or investment amount at the beginning of a project or investment period, often used in financial analysis.

Weighted Average

A computation that considers the different levels of significance of numbers within a dataset.

Free Cash Flows

The amount of cash generated by a business after accounting for operational expenses and capital expenditures, reflecting the company's ability to generate profit.

Corporate Valuation Model

A financial model used to determine the overall value of a corporation by evaluating its ability to generate future profits.

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