Revenue Estimate Reflects Slowdown in Energy Sector

By ED STERLING

AUSTIN — Texas Comptroller Glenn Hegar on Oct. 14 announced the release of his office’s Certification Revenue Estimate. The “CRE” is an update to the Biennial Revenue Estimate, a document that gives state lawmakers a good idea of how much revenue will be available for general-purpose spending in 2016-2017, the next two-year state budget period.

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