CCMobility Nov 2023

Comptroller releases biennial revenue estimate

by | Jan 19, 2023 | Latest

As part of the Texas Legislature’s power of the purse, it sets a biennial budget for the state in the fiscal years 2024 and 2025.

The 88th Legislature is scheduled to convene Tuesday, Jan. 10, and conclude May 29. Ahead of the first session, State Comptroller Glenn Hegar revealed his biennial revenue estimate in a Jan. 9 news release.

The state is projected to have a record $188.2 billion in revenue available for general-purpose spending during the 2024-25 biennium, a 26.3% increase from the 2022-23 biennium, according to the news release. The $188.2 billion available for general-purpose spending includes 2024-25 collections of $165.9 billion in General Revenue-Related (GR-R) funds.

Reacting to the news of an increase, Lt. Governor Dan Patrick highlighted the success of the state’s economy.

“Since I’ve become Lt. Governor, we’ve taken the utmost care to manage our budget wisely and conservatively,” Patrick said. “We are leading the United States forward in the global marketplace and it is clear for all to see. Our conservative policies, including no income tax and minimal regulation, attract businesses and grow jobs.”

To Login to read the full story or to subscribe, visit https://publisher.etype.services/Murphy-Monitor

CCMobility Nov 2023

0 Comments

Public Notice - Subscribe

Related News

Sheriff Skinner seeks re-election

Sheriff Skinner seeks re-election

Collin County’s chief law enforcement officer is seeking a third term behind the star. Sheriff Jim Skinner, first elected in November 2016, said he had filed as a Republican candidate in the March 5 primary. For more on this story see the December 7, 2023 print, or...

read more
Murphy Realtor helps MFD with fundraiser

Murphy Realtor helps MFD with fundraiser

Realtor Mary Pat Elledge is celebrating 20 years of helping Murphy residents find their dream homes. And she can’t imagine doing anything else. “Over the past two decades, I have had the privilege of guiding countless individuals and families through the process of...

read more
Library exhibit highlights evolution of celebration

Library exhibit highlights evolution of celebration

Emma Stafford, Wylie’s retired substitute teacher who creates art exhibits out of her personal belongings, turns her lens to Christmas this month. Located in the display case near the entrance of Smith Public Library for the rest of year, her latest work illustrates...

read more
County preps for homeless count

County preps for homeless count

On a cold night in January, a small army of volunteers will deploy across Collin County to determine how many neighbors do not have a place to live. The U.S. Department of Housing and Urban Development (HUD) sponsors annual Point-in-Time (PIT) and Housing Inventory...

read more
New Murphy police chief

New Murphy police chief

Murphy has a new interim police chief, succeeding Chief Chris Chandler, who has become chief in Fairview.Interim City Manager Allen Barnes introduced former Gunter Police Chief Jeff Gibson at the Tuesday, Dec. 5, council meeting.“It is a true privilege to be part of...

read more
Second phase in sewer plant fight

Second phase in sewer plant fight

The fight to protect Maxwell Creek from a sewage treatment plant has been delayed until next year. An administrative law judge (ALJ) in Austin agreed Monday, Nov. 20, to postpone a hearing until Feb. 13-15. For more on this story see the November 30, 2023 print, or...

read more
Murphy PD offers program for kids

Murphy PD offers program for kids

The Murphy Police Department’s new Blue Santa program is -not- a toy drive. Officer Kaylee Herrera said each child has their own list of wants and needs. School resource officers and school counselors have helped the department compile a list of students in need this...

read more
City to regulate short-term property rentals

City to regulate short-term property rentals

Members of Murphy’s Islamic community appeared before the Tuesday, Nov. 21, city council meeting to call for a cease-fire in Gaza. “The time to act is now,” one resident said. “Every minute that passes, more lives are lost, more damage is done and more blood is shed.”...

read more
Murphy first responders conduct toy drive

Murphy first responders conduct toy drive

Once again, Murphy residents can play Santa to children served by the Children’s Advocacy Center of Collin County. “There are few things more personally gratifying than knowing that we, along with our residents, have made a difference in the lives of these young...

read more
Public Notice - Subscribe