Texas Comptroller Glenn Hegar released the Biennial Revenue Estimate (BRE) the Biennial Revenue Estimate (BRE) (PDF), showing the state is projected to have $194.6 billion in revenue available for general-purpose spending during the 2026-27 biennium, a 1.1 percent decrease from the 2024-25 biennium.
This decrease is attributable to a smaller beginning balance in the 2026-27 biennium ($23.76 billion) compared with 2024-25 ($39.43 billion).
Of note, there are no projected reserves for transfers to the Economic Stabilization Fund (ESF, or Rainy Day Fund) in the 2026-27 biennium because, for the first time in the fund’s history, the fund balance is estimated to exceed its constitutional cap from the start of fiscal 2026. Absent any legislative appropriations, the balance of the ESF is expected to total a record $28.5 billion at the end of the 2026-27 biennium.
The Biennial Revenue Estimate and visuals from the press conference are available on the Comptroller’s website.
