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.

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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%.

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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...

Texas Gov. Greg Abbott signs $250 billion budget with no line-item vetoes

Fox 34, June 16, 2019

Gov. Greg Abbott signed the state’s roughly $250 billion budget Saturday, bringing a session-long effort to address the Legislature’s top priorities — school funding and property taxes — to a close. A spokesman for Abbott confirmed that the governor signed...

Legislative session ends: A look at Texas' proposed budget

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

Texas Comptroller Glenn Hegar on Tuesday dropped a half-billion dollar gift into the laps of budget negotiators. The news comes as a relief to legislative budget-writers, who are in the midst of closed-door meetings about how much state lawmakers should spend...

Tax Caps Roll Through Texas House

The Austin Chronicle, May 3, 2019

The careful choreography of the session's marquee budget, property tax, and school finance measures advanced Tuesday, April 30, with the House's approval of Senate Bill 2, the revenue cap plan opposed vociferously by local mayors, county judges, and...

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...

From property taxes to teacher pay, here's how the Texas House and Senate compare on spending priorities

Texas Tribune, May 2, 2019

Behind closed doors at the Texas Capitol, a panel of House and Senate budget writers is negotiating which public programs will receive state funding over the next two years. Both chambers approved separate spending plans in recent weeks...

Major sticking point in property tax debate resolved in Legislature

Houston Chronicle, May 1, 2019

One of the biggest sticking points in the debate over property tax reform in Texas has been resolved in the Legislature after nearly 6 years of haggling, offering the best hope in years that a bill limiting how much local governments can raise taxes is close to becoming law...

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

WOAI, May 1, 2019

The Texas House, on a 107 to 40 vote, last night approved what many Texans feel is the main responsibility of the 2019 session, a bill to limit the steady increase of property taxes, News Radio 1200 WOAI reports. The bill significantly lowers what is called...

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