The Texas Legislature begins its work creating a state budget for the next two years with slightly less revenue available than it had during the previous biennium.
Texas Comptroller Glenn Hegar projects lawmakers will have $194.6 billion available during the 2026-27 budget cycle, down 1.1%. Hegar said the decrease is because the state is starting with a beginning balance that is nearly $16 billion less compared to 2024-25. He noted the state is in good financial shape and predicts revenue collections will continue to rise in the upcoming biennium.
“Thoughtful consideration of spending decisions, as always, will be crucial to ensure new and existing investments can be funded in the future — and that these investments focus on improving the lives of Texans,” Hegar said.
