Texas
4:58 pm
Mon March 14, 2011

$300 Million More in State Coffers

Texas Comptroller Susan Combs says the state has more money to spend. 

In a letter to Texas lawmakers today, Combs says sales tax receipts in recent months had increased enough for her to raise her pervious revenue estimate by 300-million dollars for the current budget.  She also increased the amount of money lawmakers have to spend in the next budget. 

The increase helps a little but does not make a huge dent in the multi-billion dollar budget hole.