The Texas Comptroller’s Office will unveil its projected state revenue estimate the day before the next legislative session begins, and Comptroller Glenn Hegar has confirmed that Texas will see another budget surplus.
“Once again, the legislature is in a very positive position to make some real monumental and life-changing decisions for Texans,” Hegar said.
Record Surplus and Future Investments
Two years ago, lawmakers managed a record $32.7 billion surplus, directing funds toward one-time infrastructure projects and property tax cuts. Some of that surplus was carried over to the current budget cycle, positioning the state for more strategic investments.
One key area expected to dominate the legislative agenda is universal school choice, a policy that could reshape Texas’ education landscape. State officials are discussing using surplus funds to establish an education savings account (ESA) program, a top Republican priority. These accounts would allow families to use state money for private school tuition and related educational expenses.
Unclear Path Forward for School Choice
While details about the proposed ESA program remain unclear, State Sen. Brandon Creighton (R-Conroe) has expressed confidence that the bill will be broad in scope, allowing all families to participate. Creighton indicated that the program would allocate a specific amount of surplus funds for implementation.
However, internal debates persist among Republicans. State Rep. Gary VanDeaver (R-New Boston) voiced cautious support, emphasizing the need to protect public school funding.
“We’ve been told that certain proposals will not affect funding of public schools, and if that’s the case, then certainly that is great. We need to be careful that we’re not just looking at today but considering future implications,” VanDeaver noted.
Building a Thoughtful Approach
Hegar’s office may oversee the program’s development and management. He hinted at a phased approach, possibly starting with targeted groups such as economically disadvantaged students and those with disabilities.
“If you’re making it universal but also taking one step at a time, you can better balance the education system statewide,” Hegar explained.
