Comptroller Combs will be having a press conference on Monday, January 6 at 10 a.m. to release the Biennial Revenue Estimate for 2014-2015. One should expect a surplus for FY13 of $8-$9 billion and total tax collections for FY14-15 of arounf $108 billion.
Someone suggested I begin blogging, but had not come across a site which allowed me to maintain a website and blog w/ the ease of Weebly. The intent of the site is to provide info on the fiscal condition of the State of Texas. In one word, its condition is TERRIFIC . Having ended it fiscal year w/ $3.7 billion in additional GR receipts, and expectations of an additional $4 billion in receipts for the current fiscal year, I thought I would provide comments on its improved situation.