Certifying the 2018-2019 Texas State Budget: Why It Matters (PDF)
Why it matters:
Comptroller Glenn Hegar certified that the Legislature’s new budget is within the Texas Constitution’s “pay-as-you-go” spending limit and the Comptroller’s revenue estimate.*
The budget will direct state spending for fiscal 2018 and 2019. The budget cannot go into effect without the Comptroller’s certification.
For additional details on the budget process in Texas, please see the Texas Senate Research Center’s publication, Budget 101: A Guide to the Budget Process in Texas (PDF) .
June 1, 2017 Date the Comptroller certified the budget.
That’s how much Texas state government will spend over the next two years.
Amount spent for every Texas resident.
Source: U.S. Census Bureau
The 2018-2019 budget includes
in General Revenue spending.
*The Legislature can make appropriations in excess of anticipated revenue only in the case of an emergency with a four-fifths majority of both houses.
The budget process can be divided into four major phases, each involving numerous discrete steps:
|Description||2016-17 Budget (in billions)||2018-19 Budget (in billions)|
|Teacher Retirement System||$4.3||$5.2|
Source: Legislative Budget Board
Summary of Conference Committee Report for House Bill 1: Appropriations for the 2018-19 Biennium (PDF).