(AUSTIN) — Texas Comptroller Glenn Hegar announced the release of the Certification Revenue Estimate (CRE) for the fiscal 2024-25 biennium.
As a result of legislative actions and an updated economic forecast, the Comptroller’s office now expects revenue available for general spending in 2024-25 to total about $194.57 billion, up 24.8 percent from the 2022-23 biennium. This revenue will support the $176.28 billion in general-purpose spending called for by the 88th Legislature and will result in a projected fiscal 2025 balance available for certification of $18.29 billion.
