Thread: Texas revenue shortfall could be $27 BILLION UPDATE

Blog: Texas revenue estimate released, shortfall could be $27 billion

By Zahira Torres / El Paso Times
Posted: 01/10/2011 12:55:37 PM MST

Texas could be facing a budget shortfall of about $27 billion if it expects to keep the same level of services approved two years ago by the legislature.
On Monday, State Comptroller Susan Combs projected that the state would have about $72.2 billion available for general-purpose spending during 2012-2013. Maintaining services at the current level would cost about $99 billion, according to estimates from groups such as the Center for Public Policy Priorities.

Read more in Tuesday's El Paso Times.

http://www.elpasotimes.com/newupdated/ci_17057078