Lt. Gov. Dan Patrick: Statement on the Biennial Revenue Estimate

We anticipated Comptroller Hegars announcement today would report that we have less to spend than we did at this time in 2015. Although questions were raised at the time we were clearly right to leave $6 billion on the table at the end of the 2015 session. Going into the 2017 session we have an ending balance of $1.5 billion. My commitment going forward is to continue to be guided by the conservative principles that inform everything we do -- striving for a lean and efficient government while still meeting the needs of Texans. This is critical because nearly ninety percent of our general revenue budget is spent on education and health care.

Todays revenue estimate strengthens our resolve to continue to live within our means and not spend more than the growth of population times inflation. When I gavel-in the Senate tomorrow and the 85th Legislature opens we will begin this process.