LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 88TH LEGISLATIVE REGULAR SESSION
 
March 19, 2023

TO:
Honorable Greg Bonnen, Chair, House Committee on Appropriations
 
FROM:
Jerry McGinty, Director, Legislative Budget Board
 
IN RE:
SB30 by Huffman (Relating to supplemental appropriations and reductions in appropriations and giving direction and adjustment authority regarding appropriations.), As Engrossed


Estimated Two-year Net Impact to General Revenue Related Funds for SB30, As Engrossed : a negative impact of ($11,701,800,330) through the biennium ending August 31, 2025.

In addition, General Revenue Dedicated account balances available for certification are expected to increase by $363,723,496 during the 2022-23 biennium.  Combined with the cost above, the bill would result in a net impact of ($11,338,076,834) to General Revenue Related funds available for certification through the biennium ending August 31, 2025.

Appropriations:

Fiscal Year Appropriation out of
General Revenue Fund
1		 Appropriation out of
Coronavirus Relief Fund
325		 Appropriation out of
Federal Funds
 Appropriation out of
Foundation School Fund
193
2023$13,215,733,418$1,233,794,520$5,530,426,963($8,207,005,559)
2024$0$0$0$0
2025$0$0$0$0

Fiscal Year Appropriation out of
Hazardous/Waste Remed Acc
550		 Appropriation out of
Flood Infrastructure Fund
194		 Appropriation out of
Various General Revenue Dedicated
 Appropriation out of
Various Other Funds
2023$3,755,606$400,000,000$5,713,926$11,390,274
2024$0$0$0$0
2025$0$0$0$0

Fiscal Year Appropriation out of
Dept Ins Operating Acct
36		 Appropriation out of
Appropriated Receipts
8084		 Appropriation out of
Clean Air Account
151		 Appropriation out of
Water Resource Management
153
2023$2,506,918$493,086$452,561$129,357
2024$0$0$0$0
2025$0$0$0$0

Fiscal Year Appropriation out of
Watermaster Administration
158		 Appropriation out of
Waste Management Acct
549		 Appropriation out of
Operating Permit Fees Account
5094		 Appropriation out of
Coastal Protection Acct
27
2023$160,000$51,200$89,537$55,000
2024$0$0$0$0
2025$0$0$0$0

Fiscal Year Appropriation out of
Veterans Land Adm Fd
522		 Appropriation out of
Permanent School Fund
44		 Appropriation out of
State Parks Acct
64		 Appropriation out of
Local Parks Account
467
2023$50,000$45,000$9,714,457$18,560
2024$0$0$0$0
2025$0$0$0$0

Fiscal Year Appropriation out of
Lrg County & Municipal Rec & Parks
5150		 Appropriation out of
Game,Fish,Water Safety Ac
9		 Appropriation out of
Oil & Gas Regulation
5155		 Appropriation out of
Tx Dept of Motor Vehicles Fnd
10
2023$13,440$12,130,270$1,482,922$158,000
2024$0$0$0$0
2025$0$0$0$0

Fiscal Year Appropriation out of
State Highway Fund
6		 Appropriation out of
Unempl Comp Sp Adm Acct
165
2023$31,009,632$2,750
2024$0$0
2025$0$0

General Revenue-Related Funds, Six- Year Impact:

Fiscal Year Probable Net Positive/(Negative) Impact to
General Revenue Related Funds
2023($7,472,462,349)
2024($689,152,405)
2025($3,540,185,576)
2026$0
2027$0
2028$0

All Funds, Six-Year Impact:

Fiscal Year Probable (Cost) from
General Revenue Fund
1		 Probable (Cost) from
General Revenue Fund w.r.t. ESF transfers
1		 Probable (Cost) from
Coronavirus Relief Fund
325		 Probable (Cost) from
Federal Funds
2023($13,615,733,418)$5,705,386,654($1,233,794,520)($5,530,426,963)
2024$0($689,152,405)$0$0
2025$0($3,540,185,576)$0$0
2026$0$0$0$0
2027$0$0$0$0
2028$0$0$0$0

Fiscal Year Probable Savings from
Foundation School Fund
193		 Probable (Cost) from
Hazardous/Waste Remed Acc
550		 Probable (Cost) from
Various General Revenue Dedicated
 Probable (Cost) from
Various Other Funds
2023$437,884,415($3,755,606)($5,713,926)($11,390,274)
2024$0$0$0$0
2025$0$0$0$0
2026$0$0$0$0
2027$0$0$0$0
2028$0$0$0$0



Fiscal Year Probable (Cost) from
Dept Ins Operating Acct
36		 Probable (Cost) from
Appropriated Receipts
8084		 Probable (Cost) from
Clean Air Account
151		 Probable (Cost) from
Water Resource Management
153
2023($2,506,918)($493,086)($452,561)($129,357)
2024$0$0$0$0
2025$0$0$0$0
2026$0$0$0$0
2027$0$0$0$0
2028$0$0$0$0

Fiscal Year Probable (Cost) from
Watermaster Administration
158		 Probable (Cost) from
Waste Management Acct
549		 Probable (Cost) from
Operating Permit Fees Account
5094		 Probable (Cost) from
Coastal Protection Acct
27
2023($160,000)($51,200)($89,537)($55,000)
2024$0$0$0$0
2025$0$0$0$0
2026$0$0$0$0
2027$0$0$0$0
2028$0$0$0$0

Fiscal Year Probable (Cost) from
Veterans Land Adm Fd
522		 Probable (Cost) from
Permanent School Fund
44		 Probable (Cost) from
State Parks Acct
64		 Probable (Cost) from
Local Parks Account
467
2023($50,000)($45,000)($9,714,457)($18,560)
2024$0$0$0$0
2025$0$0$0$0
2026$0$0$0$0
2027$0$0$0$0
2028$0$0$0$0

Fiscal Year Probable (Cost) from
Lrg County & Municipal Rec & Parks
5150		 Probable (Cost) from
Game,Fish,Water Safety Ac
9		 Probable (Cost) from
Oil & Gas Regulation
5155		 Probable (Cost) from
Tx Dept of Motor Vehicles Fnd
10
2023($13,440)($12,130,270)($1,482,922)($158,000)
2024$0$0$0$0
2025$0$0$0$0
2026$0$0$0$0
2027$0$0$0$0
2028$0$0$0$0

Fiscal Year Probable (Cost) from
State Highway Fund
6		 Probable (Cost) from
Unempl Comp Sp Adm Acct
165		 Probable Savings from
Deferred Maintenance
5166		 Probable Savings/(Cost) from
Economic Stabilization Fund
599
2023($31,009,632)($2,750)$400,000,000$0
2024$0$0$0($5,705,387,000)
2025$0$0$0$689,152,000
2026$0$0$0$3,356,470,000
2027$0$0$0$0
2028$0$0$0$0



Fiscal Year Probable Revenue Gain/(Loss) from
Economic Stabilization Fund - Interest Earnings
599		 Probable Revenue (Loss) from
Economic Stabilization Fund - Investment Income
599
2023$0$0
2024($85,768,000)($90,971,000)
2025$161,460,000($173,533,000)
2026$0($128,325,000)
2027$0($101,350,000)
2028$0($105,374,000)


Fiscal Analysis

The bill would make supplemental appropriations, reductions in appropriations, and provide direction and adjustment authority regarding appropriations for the 2022-23 biennium.

The bill would take effect immediately as provided for general appropriations act under Section 39, Article III, Texas Constitution. Sections of the bill that authorize appropriations or reauthorization of existing appropriations from the General Revenue and Economic Stabilization Funds take effect only if this bill receives a vote of two-thirds of the members present in each house of the Legislature, as provided by Section 49-g(m), Article III, Texas Constitution. Sections 4.05 and 8.51 of this Act take effect only if this Act receives a vote of two-thirds of the members present in each house of the legislature, as provided by Section 18(i), Article VII, Texas Constitution.

Methodology

A portion of the $8.2 billion Foundation School Fund appropriation reduction has already been accounted for in the CPA's January 2025 Biennial Revenue Estimate (BRE).  After taking that adjustment into account, the net effect of this appropriation reduction is a $437.9 million increase in General Revenue Related funds available for certification through the biennium ending August 31, 2025.

Appropriations made in the bill would lower the CPA's BRE estimate of the 2022-23 ending unencumbered General Revenue (GR) balance.  Consequentially, the estimated transfer of GR to the Economic Stabilization Fund (ESF) related to this balance would be eliminated, resulting in a $5.7 billion GR savings in FY 2023.  

Additionally, the elimination of this transfer to the ESF would result in that fund not reaching the constitutional maximum balance in 2024-25 as previously estimated in the BRE.  Not reaching the ESF maximum balance would lower the reduction of the GR set-aside for the ESF severance tax related transfer and corresponding interest income, resulting in a GR cost of $0.7 billion in fiscal year 2024 and $3.5 billion in fiscal year 2025. 


Local Government Impact

No significant fiscal implication to units of local government is anticipated.


Source Agencies:
304 Comptroller of Public Accounts
LBB Staff:
JMc, KK