The Texas Constitution requires the Comptroller of Public accounts [1] to submit a report concerning the state’s financial condition and estimating the projected incoming revenue during the next two-year period. This happens at the beginning of each regular session and is called the Biennial Revenue Estimate, or BRE. The BRE serves as the framework for the state budget over the next two years, and appropriations and expenditures cannot exceed the predicted amount. All of the BREs from 2005 through 2017 are published on the Comptroller of Public Accounts’ website and can be viewed by the public at any time.

[1] Review encyclopedic entry: Comptroller of Public Accounts

[Source: Comptroller of Public Accounts – Biennial Revenue Estimate for Texas]