(AUSTIN) — Texas Comptroller Glenn Hegar released the Biennial Revenue Estimate (BRE) [PDF] today, showing the state is projected to have $194.6 billion in revenue available for general-purpose spending during the 2026-27 biennium, a 1.1 percent decrease from the 2024-25 biennium. This decrease is attributable to a smaller beginning balance in the 2026-27 biennium ($23.76 billion) compared with 2024-25 ($39.43 billion). As state lawmakers prepare for the 89th Legislature, Regular Session, which is set to kick off Tuesday, […]
Texas Comptroller Glenn Hegar Releases Biennial Revenue Estimate
Texas Comptroller Glenn Hegar Releases Biennial Revenue Estimate
(AUSTIN) — Texas Comptroller Glenn Hegar released the Biennial Revenue Estimate (BRE) today, showing the state is projected to have a record $188.2 billion in revenue available for general-purpose spending during the 2024-25 biennium, a 26.3 percent increase from the 2022-23 biennium. The increase is a direct result of vigorous economic growth since the end of COVID-19 pandemic restrictions, spikes in energy prices and, unfortunately, the highest rate of general price inflation in 40 years. As […]