I would like to also thank you for your service in the Navy Reserve.
The real issue is the formula and the way these formulas were written. They were dated back to 2005 from data used in 2000.
Texas contributes $212 million more dollars to the trust fund than the State received.
Would you agree that this formula should be updated to provide equity to all the States?
I believe us and Colorado are the only two States currently that are considered donor States where we receive less funding back.
Thank you so much, Chairwoman.