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TREC presents FY2026 draft budget showing multi-year deficits; plans staffing efficiencies
Summary
CFO Renata Williams presented a draft FY2026 budget that projects a roughly $4.8 million operational deficit for FY26 and recommends not backfilling 9.6 FTEs as part of efficiency measures; the commission will revisit a final adoption in August.
The Texas Real Estate Commission on May 5 reviewed a first-draft FY2026 budget that projects a multi-year operating shortfall driven largely by flat licensing and exam revenues.
CFO Renata Williams told commissioners the agency intends to present a final budget for adoption in August but that the first-draft shows a FY26 beginning balance of about $10.9…
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