Lawmakers to have $1 billion less to spend
Texas lawmakers will enter the legislative session this week with an estimated $112.5 billion available to allocate for general purpose spending in the next two-year state budget, a number that’s down slightly from the current budget but is significantly higher than what was estimated this summer when the coronavirus began to devastate the economy.
Read MoreTexas budget forecast better than expected going into Texas Legislature, comptroller says
Texas lawmakers head back to work Tuesday, and the state comptroller says they will have $112.5 billion to spend when they draw up the next two-year budget during this year’s legislative session.
Read MoreRecession cuts how much lawmakers can spend with the next state budget, but decrease isn’t as bad as feared
Texas lawmakers will enter the legislative session this week with an estimated $112.5 billion available to allocate for general-purpose spending in the next two-year state budget, a number that’s down slightly from the current budget but is significantly higher than what was estimated this summer when the coronavirus began to devastate the economy.
Read MoreTTARA Reacts to Texas Comptroller’s Biennial Revenue Estimate
“Comptroller Hegar’s revenue estimate this morning offers both bad and good news. The pandemic and the associated impact on state revenues means Texas faces budget challenges at the very time Texans may need government help more than ever;
Read MoreTTARA Reacts to Texas Comptroller’s Biennial Revenue Estimate
FOR IMMEDIATE RELEASE Contact: Kirsten Voinis JAN. 11, 2021 (512) 922-7141, kvoinis@kvoinis.com…
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