Rahul Sreenivasan, Director of Government Performance and Fiscal Policy

Rahul Sreenivasan, Director of Government Performance and Fiscal Policy

Rahul Sreenivasan, Director of Government Performance and Fiscal Policy

Posts

Special session update: What we see around budget, spending limit

October 18, 2023

Since Comptroller Glenn Hegar published his revised revenue outlook ahead of the special session, a number of bills have been filed, with a few already passed out of the Senate. As the dust settles from the activity of the first 10 days, we’re getting a clearer sense of how special session legislation and the budget…

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Five quick takeaways from the Comptroller’s new revenue estimate

October 9, 2023

The Texas House and Senate gaveled back in Monday afternoon pursuant to Gov. Greg Abbott’s call for a Third Special Session. Last week, Texas Comptroller Glenn Hegar announced his Certification Revenue Estimate (CRE), an update of the state’s revenue outlook for the current 2024-25 fiscal biennium. The CRE revises projected available revenue upward from $188.23 billion…

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Insurance taxes: An unexpected driver behind increased revenues

October 6, 2023

Texas Comptroller Glenn Hegar last month told a Texas Tribune Festival audience that he expected to revise the Certification Revenue Estimate upward. It is certainly noteworthy that the CRE, an update of the state’s revenue outlook for the current fiscal year 2024-25 biennium, has turned out higher than expected given that Hegar had previously forecasted…

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A time to invest on the 100th anniversary of Texas’ parks system

August 1, 2023

Texas legislators stood ready this year to make investments in our state park system, just in time for the 100th anniversary of the creation of the State Parks Board. Lawmakers filed a number of bills this session that would create new funding streams for parkland acquisition and conservation. Ultimately, legislation authored by Sen. Tan Parker,…

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Budget conference report is out: Some initial takes

May 25, 2023

Today, the conference committee reports (CCRs) for House Bill 1 — the general appropriations bill — and Senate Bill 30 — the supplemental appropriations bill for the current fiscal biennium — were distributed to legislators. This marks the beginning of the end of a nearly two-year budget process that culminates with the legislative session where…

House budget night is here: What you need to know

April 5, 2023

What’s happening: This Thursday, the Texas House will debate House Bill 1 and Senate Bill 30. Here’s the lowdown on the bills: HB 1 is the proposed two-year state budget for fiscal years 2024 and 2025. 👉 The budget is the only “must pass” measure of the session. SB 30 is the supplemental appropriations bill…

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