Texas Comptroller Glenn Hegar released the Biennial Revenue Estimate (BRE) the Biennial Revenue Estimate (BRE) (PDF) today, showing the state is projected to have $194.6 billion in revenue available for general-purpose spending during the 2026-27 biennium, a 1.1 percent decrease from the 2024-25 biennium.
This decrease is attributable to a smaller beginning balance in the 2026-27 biennium ($23.76 billion) compared with 2024-25 ($39.43 billion).
As state lawmakers prepare for the 89th Legislature, Regular Session, which is set to kick off Tuesday, Hegar said Texas is in good financial shape and that revenue collections will continue to increase in the upcoming biennium.
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Months of intense work go into the making of the BRE. It's one of our constitutional responsibilities, and it's an essential part of Texas' budget process.
The Texas Comptroller issues the Biennial Revenue Estimate before every regular legislative session, projecting the revenue that lawmakers have available
for state programs and services through the upcoming biennium. The 89th Legislature will have a projected fiscal 2024-25 ending balance of $23.76 billion, in addition to $170.83 billion in total collections of available general revenue-related (GR-R) funds (net of transfers) in the 2026-27 biennium.
State Revenue,
General Revenue-Related
View revenue by source data.
Share of Projected General Revenue-Related Revenue by Source
Tax
Percent of GR-R
Sales Taxes
53.4%
Motor Vehicle Sales and Rental Taxes
7.1%
Oil Production Tax
6.7%
Franchise Tax
6.5%
Insurance Taxes
5.2%
Natural Gas Production Tax
3.0%
All Other State Taxes
6.1%
Other Revenues: Fees, Investments and Other Non-Tax Revenue
11.9%
Revenue Available for General Purpose Spending In Billions of Dollars
Revenue Available for General Purpose Spending
Fund
Plus or Minus
2024-25
PROJECTED
2026-27
BIENNIUM
GR-R Tax Collections
+
$143.36
$155.42
Other GR-R Revenue
+
$24.03
$21.01
Total GR-R Revenue
=
$167.38
$176.43
SUB TOTAL
Beginning Balance
+
$39.43
$23.76
Total GR-R Revenue & Fund Balances
=
$206.81
$200.19
SUB TOTAL
Reserve for Transfers to the Economic Stabilization and State Highway Funds
−
$10.38
$11.19
Reduction of Reserve for Transfers of Severance Taxes to the Economic Stabilization Fund
+
$0.31
$5.60
Total Revenue Available for
General-Purpose Spending
