$5.3 Billion Used to Certify the State Budget for 2018-19

October 27, 2017

Legislative News

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Paul K. Emerson, TAC State Financial Analyst

Following the conclusion of each legislative session, the Comptroller’s Office is required by statute to release a detailed summary report of all major fund estimates used to certify and balance the state budget. This report, known as the Certification Revenue Estimate​ (CRE), basically updates the Biennial Revenue Estimate Report (BRE) that is issued before the beginning of each session. The BRE estimates how much revenue is available to spend over a two-year budget cycle and shows the state’s financial condition. 

At the close of the 2016-17 budget cycle, the state is projected to have a total of $107.3 billion in general revenue-related funds, which will support the anticipated spending of $107.2 billion for the 2018-19 biennium. The net affect should result in a $94 million surplus at the end of this biennium period.

As an update, the CRE for 2018-19 includes a table​ showing which General Revenue Dedicated Accounts (GR-dedicated) were used to certify the current budget for the next two years. 

There are well over 200 GR-dedicated accounts:173 accounts were used for the current certification period, while 123 accounts were used to certify the budget for 2016-17.  

Some interesting numbers in the current certification table:

  • $1.7 billion held in 5071 – Emissions Reduction Plan. This is the largest amount held among all of the accounts.
  • $303.7 million held in 0151 – Clean Air. This is the second largest amount held among all of the accounts. These funds were used to help the Low Income Vehicle Repair Assistance Program (LIRAP), until they were vetoed in the state budget by the governor.
  • $106.1 million held in 5050 – 911 Service Fees. These funds are used to support the 9-1-1 program in Texas.
  • $12.8 million held in 0116 – Texas Commission on Law Enforcement. These funds are used to reimburse local law enforcement officers for continuing education courses and training.
  • $5.8 million held in 5073 – Fair Defense. These funds help the Texas Indigent Defense Commission provide financial and technical support to counties to develop and maintain quality, cost-effective indigent defense systems.
  • A large number of accounts held pertain to various universities.

For more information, contact Paul Emerson, TAC state financial analyst, at (800) 456-5974.