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Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts

Economic Snapshots

Manufacturing

Manufacturing is a vital component in the machine that is Texas’ diverse economy. In 2016, Texas exported $650 billion worth of goods out of the state, and manufacturing was responsible for nearly a third of that value.

A CLOSER LOOK Certification Revenue Estimate


Prior to the legislative session, the Comptroller issues a Biennial Revenue Estimate (BRE) to tell lawmakers how much they can spend over the next two years. After the legislative session, the Comptroller issues a Certification Revenue Estimate (CRE) to reflect legislative activity and the most current economic information, as well as to take into account final revenue numbers for the recently ended fiscal year.

Revenue Available for General
Purpose Spending in the
2020-21 Biennium(In Billions of Dollars)

Revenue Biennial Revenue Estimate
May 2019
Certification Revenue Estimate
October 2019
General Revenue-Related (GR-R)
Tax Collections
$107.32 $108.14
Other GR-R Revenues plus$14.16 plus$14.99
Total GR-R Revenues equals$121.48 equals$123.13
Beginning Balance
(Funds carried forward from 2019)
plus$4.70 plus$4.72
Change in GR-Dedicated
Account Balances from the BRE
plusN/A plus$0.39
Total GR-R Revenue
& Fund Balances
equals$126.18 equals$128.24 SUBTOTAL
Revenue Reserved for Transfers to the Economic Stabilization and State Highway Funds minus$6.55* minus$6.48
Total Revenue Available for General-Purpose Spending equals$119.63 equals$121.76 TOTAL

* Includes reserve for transfer to Texas Tomorrow Fund

Severance tax transfers to the Rainy Day Fund and the State Highway Fund

Each fiscal year, amounts reserved in the previous fiscal year are transferred to the state’s Economic Stabilization Fund (ESF), also known as the “Rainy Day Fund,” and the State Highway Fund (SHF).


In fiscal 2020, 1.67 billion dollars will be transferred to both the Rainy Day Fund and the State Highway Fund. In fiscal 2021, the two funds will receive 1.59 billion dollars each.

Projected General Revenue-Related Revenues

data in following table

Note: Percentages do not sum to 100.0 due to rounding.

Revenue SourcePercent of Total
Motor Vehicle Sales and
Rental Taxes
8.2%
Oil Production Tax6.4%
Francise Tax5.0%
Motor Fuel Taxes1.7%
Natural Gas Production Tax2.5%
All Other State Taxes9.9%
Sales Taxes54.2%
Fees, Investments and
Other Non-Tax Revenue
12.2%

HB855 Browser Statement

In 2015, the Texas Legislature passed House Bill 855, which requires state agencies to publish a list of the three most commonly used Web browsers on their websites. The Texas Comptroller’s most commonly used Web browsers are Google Chrome, Microsoft Internet Explorer and Apple Safari.

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