Rise in Revenue Gives Texas Lawmakers $101.4 Billion Budget
AUSTIN – An unexpectedly large rise in revenue means the incoming 83rd Legislature will have $101.4 billion available for general purpose spending over the next two years thanks to “a very strong rebound” from the national recession, State Comptroller Susan Combs said Monday.
The much-anticipated revenue estimate by the state’s chief financial officer provides a starting point for lawmakers as they write a state budget for the next two years.
