Estimating How Much Texas Will Collect is a Dark Art
Lawmakers are waiting for Comptroller Susan Combs to forecast exactly how much money the state will collect between now and August 2013 so they can write a two-year budget that spends no more than that. It's not exactly like opening the envelopes at the Oscars, but the entire Capitol community will be hanging on her every word.
If history is a guide, her estimate of revenues will be closer to the bull's eye than the Legislature's estimate of spending. But this is a dark art; accuracy can be elusive.
"You have to begin with the assumption that ...
Comments (2)
Becky Johnson McGinnis via Texas Tribune on Facebook
OK everybody...pay attention!
Mike Wegner
Allaway had it right (not surprisingly, since I learned it from him) although we said it a bit differently: we prayed to the Goddess of Offsetting Errors, and hoped that she smiled benignly upon us.