Texas Comptroller Glenn Hegar released the state’s Biennial Revenue Estimate (BRE) earlier this week which showed the state is projected to have approximately $104.9 billion in revenue available for general-purpose spending during the 2018-2019 biennium.
According to a press release on the comptrollers website, this represents a 2.7 percent decrease from the amounts available for the 2016-17 biennium.
The decline is not due to a projected drop in total revenue collections from the 2016-17 biennium to the 2018-19 biennium, according to the release.
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