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Biennial Revenue Estimate 2022-2023 Jan. 11, 2021; Updated May 2021

At the beginning of each regular session of the Texas Legislature, the Texas Constitution requires the Comptroller of Public Accounts to submit a statement showing the state’s financial condition and estimating the revenue it can expect to receive during the next two-year budget period.

This Biennial Revenue Estimate (BRE) forms the basis of each successive state budget. Legislators must ensure that total appropriations do not exceed the amount predicted to be available in the BRE.

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May 2021 Update to the Biennial Revenue Estimate (PDF)

Biennial Revenue Estimate May 2021 Update: A Closer Look