Comptroller of Public Accounts – Biennial Revenue Estimate

At the beginning of each regular legislative session, the Texas Constitution requires the Comptroller of Public Accounts to provide an estimate of the revenue that the State of Texas expects to receive through the next two-year budget period. The Biennial Revenue Estimate (BRE) forms the basis of Texas’ budget by setting out a limit on revenue available for general-purpose spending. Texas Comptroller released the Biennial Revenue Estimate (BRE) today, showing the state is projected to have $188.2 billion in revenue available for general-purpose spending during the 2024-25 biennium, a 26.3 percent increase from the 2022-23 biennium. The Comptroller reported that the increase is a direct result of vigorous economic growth since the end of COVID-19 pandemic restrictions, spikes in energy prices and a high rate of general price inflation. The Comptroller reported that the $188.2 billion available for general-purpose spending includes 2024-25 collections of $165.9 billion in General