Biennial Revenue Estimate Released

Texas Comptroller Glenn Hegar announced Monday that the state will have $119.1 billion for lawmakers to use in putting together the state’s 2020-21 budget.

As the Texas Tribune reports, Texas Comptroller Glenn Hegar on Monday offered a cautiously optimistic outlook for the Texas economy, telling lawmakers they will have about 8.1 percent more state funds available to budget for public programs — primarily schools, highways and health care — in 2020 and 2021. Hegar projected there would be about $119.1 billion in state funds available for the next two-year budget, up from $110.2 in the last two-year budget.

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