Comptroller Estimates Available Revenue
The state will collect $77.3 billion in general revenue during the next two-year budget cycle, Comptroller Susan Combs said this morning. The comptroller estimated the Rainy Day Fund will have $9.4 billion in it at the end of the 2012-2013 biennium and that the size of the current deficit is $4.3 billion. This leaves lawmakers with a net of $72.2 billion to spend.
Two years ago, the Comptroller estimated the state would bring in $76.7 billion in general revenue; the economic downturn turned that number into $72.4 billion.
Lawmakers budgeted $87 billion in general ...
Comments (2)
Andy Jones via Texas Tribune on Facebook
Hmmm, the usual shell game begins.
BurningFeet
"Lawmakers budgeted $87 billion in general revenue spending in the current biennium; at least $6.4 billion of that money came from federal stimulus funds which aren't available to budget-writers this time."
Did y'all get that part about "stimulus funds"? Do you recall any politicians, say like Ricky Perry, telling us how evil the stimulus was? (Druggie Limblob is still calling it "the porkulus"). So, what do we do with politicians in Texas who lie about things like this? Reelect them, of course.