April 2017

Bond Election Roundup (MP3)
Our Bond Election Roundup portal is a key element of our local transparency efforts, giving Texas taxpayers important information on debt proposals before they go to the polls.

Emergency Preparation Sales Tax Holiday (MP3)
Unfortunately, we can’t predict when the next fire, flood or tornado may strike. But we can be prepared, and this tax holiday helps Texans save money while stocking up for emergency situations before they happen.

March Sales Tax Revenue (MP3)
State sales tax revenue totaled $2.24 billion in March — 3 percent more than in March 2016. This net growth represents mixed performances by major industry sectors, however. Manufacturing, wholesale trade and information sectors increased, while receipts from construction, retail trade and restaurants declined from last year’s levels.

March 2017

February Sales Tax Revenue (MP3)
Growth in sales tax revenue was due to increased collections from most sectors of the economy. While tax collections from oil and gas revenue remain subdued, receipts from telecommunications, construction and the service sector, plus retail and wholesale trade, increased significantly.

Biennial Revenue Press EventJanuary 09, 2017

  • Moderate Growth (MP3)
    Our expectations are based on the expectation of moderate expansion in the Texas economy and renewed growth in state revenue collections. For general purpose spending in 2018-19, we estimate that state revenue available spending will be $104.9 billion.
  • Proposition 7 Revenue (MP3) Pursuant to Proposition 7, we are projecting allocations to the State Highway Fund of about $2.2 billion in 2018, and $2.5 billion in 2019.
  • Sales Tax Revenue (MP3)
    We expect sales tax collections of about $62 billion in the coming biennium, but only $57.3 billion will be available for general purpose spending.
  • Diverse Economy (MP3)
    While the downturn of the energy sector has been a drag on the Texas economy’s growth over the past two years, our state’s diverse economy has allowed us to weather the storm much better than other states with large energy industries.
  • Job Growth (MP3)
    Despite the downturn in the oil and gas industry, Texas has gained 210,000 jobs in the last year.

Biennial Revenue Press EventJanuary 12, 2015

Listen to the Biennial Revenue Estimate press conference (MP3)