Texas Comptroller Glenn Hegar released the Revenue Estimate for the Third Called Session saying…
At this time, I have made no changes to projected General Revenue-Related (GR-R) collections for the 2022-23 biennium from the estimates provided to you at the outset of the second called session. As a result of better than expected revenue collections in the final months of fiscal 2021 and some appropriations authorized for fiscal 2021 not being fully expended by the end of the fiscal year, the fiscal 2021 ending balance of GR-R funds available for certification was $11.23 billion. Adding that ending balance to our current forecast of 2022-23 GR-R collections results in a projected $129.25 billion in total GR-R available for certification.
After accounting for appropriations made through the 87th Legislature, Second Called Session, I now project a fiscal 2023 ending balance of $6.04 billion.