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TPWD finance chief reports flat license and park revenue; FY25 budget adjusts up amid federal apportionments
Summary
CFO Reg Pegues briefed commissioners that license revenues are steady year to year, state park revenues remain near FY24 levels, boat revenues are up modestly, and FY25 budget adjustments increased the agency's adjusted budget to about $1.1 billion.
Reg Pegues, TPWD chief financial officer, presented an FY2025 financial overview during the May 21 work session covering license revenue, park revenue and visitation, boat-related revenue and recent budget adjustments.
Pegues said five‑year comparisons show relative stability in license revenue: TPWD revenue through April for license year 2025 stood at about $95.6 million versus $97.6 million in license year 2021, representing roughly a 2 percent…
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