January 9th, 2017
You are one of the first people to know.
As you read this I am performing one of the most important functions of my office. As Texas Comptroller of Public Accounts it is my constitutional duty to provide to the Legislature, legislative leadership, the Governor and the people of Texas, my Biennial Revenue Estimate or BRE.
The BRE is essential to the budgeting process and provides legislators with a look at the current state of the Texas economy and more importantly, the amount of revenue available to the Legislature as it begins the process of setting the budget for the coming 2018-2019 fiscal biennium.
While far from an exact science, the Comptroller’s Office uses the best available economic data, consults with experts and business leaders across a wide range of industries, and utilizes in-house analysts and modeling to arrive at the most accurate estimate possible given the information we have….