SLIDE 1
REVENUE VOLATILITY
Glenn Hegar Texas Comptroller of Public Accounts
BIENNIAL REVENUE ESTIMATE
January 2017
REVENUE VOLATILITY
General Revenue-Related (GR-R) Revenues from Sales Taxes (Before allocation to State Highway Fund) Sales Taxes Allocated to State Highway Fund Net GR-R Revenues from Sales Taxes Other GR-R Revenues Total GR-R Revenues Beginning Fund Balances Total GR-R Revenue & Fund Balances Revenue Reserved for Transfers to the Economic Stabilization and State Highway Funds Total Revenue Available for General Purpose Spending
$61.97 $4.71 $57.26 $49.21 $106.47 $1.53 $108.00 $3.13
$104.87
$56.83 $0.0 $56.83 $45.61 $102.45 $7.29 $109.73 $2.0 $107.73
SUBTOTAL SUBTOTAL SUBTOTAL
TOTAL
2016-17
2018-19
+ – = + = + = – =
In Billions of Dollars
In 2015, voters approved Proposition 7, which requires the Comptroller to direct some tax revenues to the State Highway Fund starting in fiscal 2018.
Glenn Hegar Texas Comptroller of Public Accounts
Revenue Available for General Purpose Spending BIENNIAL REVENUE ESTIMATE
Note: Totals may not sum due to rounding.