Comptroller Hager: Texas has $19.46 billion available for general purpose spending; ESF cap will alter future transfers
Comptroller Glenn Hager presented the biennial revenue estimate to the Senate Finance Committee, reporting $19.46 billion available for general‑purpose spending and highlighting a projected carryforward, changes to severance tax transfers to the Economic Stabilization Fund (ESF), and the choice lawmakers face when the ESF cap is reached.
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Comptroller Glenn Hager told the Senate Finance Committee the biennial revenue estimate (BRE) shows “$19,460,000,000 available for general purpose spending” for the upcoming biennium, and provided a breakdown of carryforward cash, tax, and non‑tax receipts that underlie the estimate.
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