Texas Fiscal Statistics

StatisNostics/State Financials/Texas

Generating Chart...

Filter Data by Year

20122024

Generating Chart...

State Revenue Analysis (Texas: 2012–2024)

Population: 26,094,422 → 30,029,572 (15.1% change)

Overall Revenue Trends

Total Revenue▲ 95.3%

$108,326,381,000 (2012)→$211,599,946,000 (2024)

Per Capita Revenue▲ 69.7%

$4,151 (2012)→$7,046 (2024)

Fund Balances▼ 100%

$113,046,186,000 (2012)→$0 (2024)

Revenue Volatility✓ Low

Avg. fluctuation: 6.3%

Major Tax Revenue

Sales Tax▲ 87.4%

$29,002,557,000 (2012)→$54,345,269,000 (2024)

Utility Revenue

Sewerage Charges▼ 73.1%

$294,000 (2012)→$79,000 (2024)

Solid Waste Charges▼ 99.8%

$72,232,000 (2012)→$166,000 (2024)

Growth Analysis

Fastest Growing Revenue Sources

Local Intergovernmental Other▲ 133096.3%

$82,000→$109,221,000

Federal Intergovernmental Health & Hospitals▲ 565.0%

$1,650,106,000→$10,973,167,000

Toll Highway Charges▲ 354.3%

$94,590,000→$429,734,000

Declining/Slowest Growing Sources

Solid Waste Charges▼ 99.8%

$72,232,000→$166,000

Federal Intergovernmental Air Transportation▼ 97.6%

$10,517,000→$253,000

Local Intergovernmental Health & Hospitals▼ 85.2%

$110,976,000→$16,475,000

Revenue Forecast

Projected Revenue (Next Year)▲ 0.2%

Estimated: $211,968,852,324

Based on 3-year revenue trend

Revenue Composition

2012 Revenue Breakdown

Total General Sales Taxes26.8%

Federal Intergovernmental Public Welfare16.2%

Federal Intergovernmental Education6.6%

Higher Education Tuition Charges4.7%

Hospital Charges4.3%

Other Selective Sales Taxes3.8%

Severance Tax3.5%

Motor Fuels Sales Tax2.9%

Miscellaneous General Revenue Not Elsewhere Classified2.9%

Federal Intergovernmental Highways2.8%

Interest Earnings2.6%

Unemployment - Contribution2.6%

Local Intergovernmental Education2.2%

Motor Vehicle License1.8%

Federal Intergovernmental Other1.7%

Donations From Private Sources1.6%

Federal Intergovernmental Health & Hospitals1.5%

Tobacco Sales Tax1.4%

Insurance Premium Tax1.3%

Net Lottery Revenue1.2%

Higher Education Auxiliary Charges1.1%

Alcoholic Beverage Sales Tax0.9%

Public Utilities Tax0.7%

Workers Compensation - Other Contributions0.7%

All Other Not Elsewhere Classified Charges0.6%

Occupation & Business License Not Elsewhere Classified0.6%

Fines & Forfeits0.6%

Royalties0.4%

Federal Intergovernmental Other Natural Resources0.3%

Workers Compensation - Interest Earnings0.2%

Federal Intergovernmental Sewerage0.2%

Other License Tax0.2%

Federal Intergovernmental Housing & Community Development0.2%

Motor Vehicle Operators License0.1%

Local Intergovernmental Health & Hospitals0.1%

Corporation License Tax0.1%

Federal Intergovernmental Water Utilities0.1%

Hunting & Fishing License0.1%

Federal Intergovernmental Employment Security Administration0.1%

Toll Highway Charges0.1%

Solid Waste Charges0.1%

Alcoholic Beverage License Tax0.1%

Parks & Recreation Charges0.0%

Sale of Property0.0%

Natural Resources Not Elsewhere Classified Charges0.0%

Amusement Tax0.0%

Unemployment - Interest Revenue0.0%

Amusement License Tax0.0%

Public Utility License Tax0.0%

Housing & Community Development Charges0.0%

Federal Intergovernmental Transit Utilities0.0%

Rents0.0%

Federal Intergovernmental Air Transportation0.0%

Regular Highway Charges0.0%

Parimutuels Tax0.0%

Local Intergovernmental Public Welfare0.0%

Sewerage Charges0.0%

Local Intergovernmental Other0.0%

2024 Revenue Breakdown

Total General Sales Taxes25.7%

Federal Intergovernmental Public Welfare17.7%

Hospital Charges5.4%

Federal Intergovernmental Health & Hospitals5.2%

Federal Intergovernmental Education4.9%

Higher Education Tuition Charges4.2%

Miscellaneous General Revenue Not Elsewhere Classified4.2%

Other Selective Sales Taxes4.1%

Severance Tax4.1%

Interest Earnings3.3%

Federal Intergovernmental Highways2.5%

Local Intergovernmental Education2.2%

Insurance Premium Tax2.0%

Motor Fuels Sales Tax1.8%

Federal Intergovernmental Other1.7%

Donations From Private Sources1.4%

Net Lottery Revenue1.3%

Motor Vehicle License1.1%

Unemployment - Contribution0.9%

Higher Education Auxiliary Charges0.9%

Alcoholic Beverage Sales Tax0.8%

Royalties0.8%

Workers Compensation - Other Contributions0.5%

Tobacco Sales Tax0.5%

All Other Not Elsewhere Classified Charges0.5%

Public Utilities Tax0.4%

Occupation & Business License Not Elsewhere Classified0.3%

Federal Intergovernmental Other Natural Resources0.2%

Toll Highway Charges0.2%

Fines & Forfeits0.1%

Workers Compensation - Interest Earnings0.1%

Motor Vehicle Operators License0.1%

Other License Tax0.1%

Corporation License Tax0.1%

Federal Intergovernmental Sewerage0.1%

Hunting & Fishing License0.1%

Local Intergovernmental Other0.1%

Federal Intergovernmental Housing & Community Development0.0%

Alcoholic Beverage License Tax0.0%

Federal Intergovernmental Employment Security Administration0.0%

Natural Resources Not Elsewhere Classified Charges0.0%

Parks & Recreation Charges0.0%

Unemployment - Interest Revenue0.0%

Sale of Property0.0%

Amusement Tax0.0%

Housing & Community Development Charges0.0%

Regular Highway Charges0.0%

Education Other State Charges Not Elsewhere Classified0.0%

Public Utility License Tax0.0%

Rents0.0%

Local Intergovernmental Health & Hospitals0.0%

Amusement License Tax0.0%

Local Intergovernmental Public Welfare0.0%

Elementary Secondary Education School Lunch Charges0.0%

Federal Intergovernmental Air Transportation0.0%

Solid Waste Charges0.0%

Sewerage Charges0.0%

Elementary Secondary Education Not Elsewhere Classified Charges0.0%

Key Insights

1Total revenue increased by 95.3% from 2012 to 2024, representing a significant change in the state's financial position.
2Population changed by 15.1%, while per-capita revenue changed by 69.7%.
3The state's fund balances decreased by 100%, suggesting financial challenges or major capital expenditures.

Generating Chart...

State Expense Analysis (Texas: 2012 - 2024)

Total Expenditure Trends

Operating Expenditures▲ 241%

$39,929,466,000→$136,271,386,000

Per Capita Spending▲ 197%

$1,530→$4,538

Population Trends

Population Change▲ 15.1%

26,094,422 (2012)→30,029,572 (2024)

Public Safety Expenses

Police Protection▲ 116%

$767,126,000 (2012)→$1,653,697,000 (2024)

Fire Protection▼ 0%

$0 (2012)→$0 (2024)

Infrastructure Expenses

Highways Maintenance▲ 111%

$1,997,875,000 (2012)→$4,207,208,000 (2024)

Sewerage Operations▲ 3393%

$3,416,000 (2012)→$119,333,000 (2024)

Administrative Expenses

Financial Administration▲ 508%

$760,943,000 (2012)→$4,624,211,000 (2024)

General Expenses▲ 220%

$1,602,415,000 (2012)→$5,125,606,000 (2024)

Texas Key Insights

1Police protection spending increased by 116%, significantly outpacing population growth of 15.1%
2Per capita expenditures grew by 197%, indicating substantial service expansion or cost increases not explained by population growth alone
3General expenses increased dramatically by 220%, which may indicate classification changes, new initiatives, or reporting adjustments
4Sewerage was the fastest growing major expense category at 3393% increase

Generating Chart...

State Debt Analysis (2012-2024)

Debt Trends

Total Long-Term Debt▲ 113%

$30,542,503,000 (2012)→$64,925,971,000 (2024)

Industrial Revenue Debt▼ 100%

$4,491,360,000 (2012)→$0 (2024)

Per Capita Debt▲ 85%

$1,170 (2012)→$2,162 (2024)

Population Trends

Population Change▲ 15.1%

26,094,422 (2012)→30,029,572 (2024)

Debt Management

Most Recent Year (2024)

Issued:$11,827,247,000

Retired:$7,498,891,000

Net Change:+$4,328,356,000

Debt Retirement Trend

$4,137,970,000 → $7,498,891,000▲ 81%

🔄 Significant change in retirement strategy detected

Key Insights

1The sharp increase in unspecified long-term debt suggests major capital projects or financial restructuring.
2There appears to be a significant shift in debt management strategy between 2012-2024, with a move toward higher debt levels.
3New debt issuance significantly increased the per-resident debt burden (up 85%).