the 2020-21 budget

Texas Comptroller Glenn Hegar Releases Biennial Revenue Estimate

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar released the Biennial Revenue Estimate (BRE) today, showing the state is projected to have $112.5 billion in revenue available for general-purpose spending during the 2022-23 biennium. The revenue estimate represents a 0.4 percent decrease from funds available for the 2020-21 biennium. This decline is a direct result of the COVID-19 pandemic, which caused revenue collections to fall well short of what was expected when the Legislature approved the 2020-21 budget; the […]