State Budget

Current Budget Deficit 

The Texas economy has been hit hard by the double whammy of the coronavirus pandemic and low oil prices, driving down tax revenues. As a result, the amount of general revenue for the state's current two-year budget will be about $11.5 billion less than the $121.8 billion estimated last fall, according to Comptroller Glenn Hegar. This leaves the state looking at a $4.6 billion deficit when the current biennium ends in August 2021, instead of the $2.9 billion surplus Hegar estimated before the pandemic began. The following articles can help counties navigate this unprecedented situation.

GR-Dedicated Accounts & the State Budget

The Legislature's long-standing practice of balancing and certifying the state budget by diverting dedicated funds intended for certain purposes has impacted many county programs and local budgets.


Final State Budget Update: Items of Interest to Counties

June 28, 2019 | Legislative News

The approved state budget for the 2020-2021 biennium, HB 1, totals $250.7 billion, a 6.3% increase over the two-year budget approved by the 85th Legislature. The increase in General Revenue or tax-supported spending, compared to the 2018-19 state budget, is 9.5%.


From County Issues Newsletter

Related Articles

Texas on pace to collect more tax revenues than predicted, but state comptroller has a few words of caution

Fort Worth Business Press, Oct. 10, 2019

Months after approving the state’s first quarter-trillion-dollar budget, lawmakers got word Thursday that the state’s income forecasts are even better than they expected. In his latest official revenue estimate, which figures in the costs of legislation passed by...

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Fox 34, June 16, 2019

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Corsicana Daily Sun, June 5, 2019

The 86th legislative session wrapped up Monday, May 27 after 140 days, culminating in a major breakthrough for school finance and property tax reform. The Texas Legislature advanced a $250.7 billion two-year budget Sunday, May 26 ending weeks of...

Analysis: Do as they say, not as they do

The Texas Tribune, May 29, 2019

The Texas Legislature did a lot in the 86th regular session, especially if you judge by their spending...

Texas tax collectors predict another $500 million for the state budget

Your Basin, May 15, 2019

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The Austin Chronicle, May 3, 2019

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Change in tax bill would let many cities and counties raise property tax levies by more than 3.5%

Texas Tribune, May 2, 2019

After revisions made in the Texas House, more than a thousand smaller taxing units may not have to abide by a key provision in the Legislature's priority property tax reform bill that requires them to hold an election before raising 3.5% more property tax...

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Texas Tribune, May 2, 2019

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Priority bills of the Texas Legislature move forward, but more work to be done

KVUE ABC, May 1, 2019

Texas lawmakers have been clear about their priorities this session. In the Senate, it's property tax reform in the form of Senate Bill 2 (SB 2). In the House, it's school finance reform in House Bill 3 (HB 3). And this week both bills have made significant progress...

Texas House Okays Property Tax Cap, but Major Challenges Loom in the Senate

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