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TPWD financial overview: license revenue steady, parks revenue strong; budget adjusted to approximately $1.1 billion
Summary
The department's FY25 financial update showed license revenues steady over five years and parks revenue remaining strong at $41.5 million year to date; budget adjustments increased the FY25 budget by about $26 million to an adjusted total near $1.1 billion.
Reginald Pigues (presented as Reggie Pegues in the transcript), TPWD chief financial officer, summarized agency revenues and budget adjustments through April of FY25.
He reported five-year trends showing license revenue roughly steady: license-year 2021 total about $97.6 million and license-year 2025 at about $95.6 million through April, a 2% change and a 2.5% increase over license-year 2024. The largest license-type increase was $1.7 million…
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