DALLAS — The two primary sources of revenue for Texas — property value and sales — both rebounded in 2011, according to state Comptroller Susan Combs.

Assessed value of property in the state grew 1.3% to $1.69 trillion after falling for the first time in 17 years in 2010, Combs reported. The 2010 decline affected state and local budgets, leading to the Legislature’s first-ever cut in public school funding.

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