Isn’t Texas running a deficit? IIRC they are one of the top debtor state’s despite being celebrated token of conservativism.
Any debt incurred must be funded by bonds and approved by the voters in Texas. The bonds must be self-satisfying (meaning, they must include their own funding mechanism). Debt must not exceed 5% of State GDP.
New road? Must be a toll road. Loans to veterans? Must be paid back. Funds to build a new hospital? Paid back by patients who use it. Lots of bonds are paid off early, too.
VERY different from how a lot of states operate.