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<br />2--FISCAl
<br />
<br />NOTES.
<br />
<br />.J anuar)'
<br />
<br />987
<br />
<br />tl.
<br />SOURCE: Bob Bullock. Comptroller of Public AccounlS,
<br />
<br />Contributors to this issue in-
<br />clude: Irene Abeita, Lois
<br />Harris, Dan Kelly, Dwain
<br />Osborne, Tom Plaut, Tom
<br />Pollard, Johnnie Sielbeck and
<br />Max Watson.
<br />
<br />Space is devoted to a wide
<br />variety of topics of Texas in-
<br />terest and general govern-
<br />ment concern.
<br />
<br />Articles and analyses appear-
<br />ing in Fiscal Notes do not
<br />necessarily represent the poli-
<br />cy or endorsement of the
<br />Comptroller of Public
<br />Accounts.
<br />
<br />*
<br />
<br />
<br />I E~c1udes ~ome expenditures not cleared
<br />'Tolals may not add due to rounding,
<br />
<br />Bob Bullock. Comptroller of Public Accounts
<br />
<br />JanUltr)' t987. ....SCAL
<br />
<br />Fiscal Notes
<br />NOTES--
<br />
<br />Constitutional and
<br />Statutory Allocations:
<br />. Public Schools--
<br />$10.5 Billion
<br />. Highways--$3.4
<br />Billion
<br />. Retirement and
<br />Other--$1.9 Billion
<br />
<br />1986-87 Major Funds
<br />Deficit--$I Billion
<br />
<br />il
<br />
<br />-\
<br />'1; -
<br />
<br />TOTAL
<br />TOTAL EXPENDITURES2
<br />
<br />TOTAL
<br />Other Expenditures
<br />Grants to Political Subdivisions and Others
<br />Payment of Public Debt
<br />Social Security Contribution
<br />State Contribution to Employee Retirement
<br />Miscellaneous
<br />
<br />TOTAL
<br />":ducation
<br />Support to State and Local Education
<br />State Contribution to Teacher Retirement
<br />
<br />TOTAL
<br />Impro\'ements
<br />Highway Maintenance and Construction
<br />Natural Resources
<br />Parks and Monuments
<br />
<br />Ihrough the Com pi roller's
<br />
<br />$
<br />$
<br />
<br />$
<br />
<br />$
<br />
<br />$
<br />$
<br />
<br />$
<br />
<br />56,5
<br />0.7
<br />31.5
<br />0,7
<br />3,5
<br />92.9
<br />.514.0
<br />
<br />748.6
<br />10.4
<br />759,0
<br />
<br />225.3
<br />]3,8
<br />6.8
<br />245,9
<br />
<br />Olliee,
<br />
<br />$ 250,5
<br />$3.253,8
<br />
<br />$1.572,2
<br />61.3
<br />$1.633.5
<br />
<br />$
<br />
<br />$
<br />
<br />$
<br />
<br />37,]
<br />32.8
<br />60,5
<br />14,6
<br />5,5
<br />
<br />488.8
<br />25,6
<br />15.5
<br />529,9
<br />
<br />-5.5%
<br />9,3%
<br />
<br />0,7%
<br />9.4
<br />-1.4
<br />-41.8
<br />-56.0
<br />
<br />7.2%
<br />-33,0
<br />4.8%
<br />
<br />28,7%
<br />-5.4
<br />-0,5
<br />25.4%
<br />
<br />Special Funds:
<br />· Federal Funds--$8.7 Billion
<br />. Interest, Dividends & Land
<br />Income--$1.9 Billion
<br />. Fees and Other--$1.3
<br />Billion
<br />
<br />TOTAL
<br />Scrvices
<br />Welfare
<br />Mental Health. State
<br />and Corrections
<br />Health and Sanitation
<br />Law Enforcement
<br />
<br />Homes
<br />
<br />$
<br />
<br />91.3
<br />21.4
<br />12.4
<br />362,0
<br />
<br />$
<br />
<br />74.7
<br />36.5
<br />28.3
<br />727.7
<br />
<br />6.1
<br />-16.4
<br />-5.4
<br />8.6%
<br />
<br />12
<br />
<br />Production and
<br />Consumption Indicators
<br />
<br />Total
<br />$35.1
<br />
<br />General Revenue Available for Spending
<br />1988-89 Biennium
<br />
<br />Revenue
<br />Billion
<br />
<br />CATEGORY
<br />Administrath'e
<br />Executive Departments
<br />Business Regulatory Commissions
<br />Legislative
<br />Judicial
<br />
<br />$
<br />
<br />$
<br />
<br />
<br />$
<br />
<br />236.9
<br />
<br />35.1
<br />] 1.2
<br />3.8
<br />4,1
<br />54.2
<br />
<br />$ 488.2
<br />
<br />$
<br />
<br />
<br />$
<br />
<br />70,0
<br />25,8
<br />8,2
<br />8.2
<br />2,2
<br />
<br />::10.0%
<br />
<br />-9.2%
<br />12.4
<br />4.7
<br />-3.3
<br />-3,6%
<br />
<br />II
<br />
<br />II
<br />
<br />10
<br />
<br />10
<br />
<br />Texas
<br />9
<br />
<br />Features:
<br />
<br />f:~~~~LES
<br />
<br />li1'''' eo......
<br />..
<br />~ - ,.
<br />" 0
<br />~o f
<br />. .
<br />,.""Il!J,-
<br />
<br />State Expenditures
<br />by Function
<br />
<br />State Expenditures
<br />by Object
<br />
<br />State Revenue
<br />All Funds
<br />
<br />Monthly Statement
<br />of Cash Condition
<br />
<br />Spending Down in General
<br />Revenue Fund, Up Overall
<br />
<br />At A Glance:
<br />
<br />Tax Receipts and the Economic
<br />Outlook
<br />State tax receipts--as distin-
<br />guished from total receipts--for
<br />the 1988-89 biennium will be
<br />down 2.9 percent from 1986-87
<br />the first biennial decline in at
<br />least 30 years.
<br />Tax receipts will
<br />
<br />Biennial
<br />Revenue
<br />
<br />Continued
<br />be available for general spending
<br />because:
<br />· $1.0 billion will be needed to
<br />meet the 1986-87 deficit.
<br />· $15.8 billion will be constitu-
<br />tionally or statutorily allocated
<br />for public schools, highways, re-
<br />tirement programs, parks and
<br />other programs.
<br />The remainder--$6.4 billion--
<br />will be available for general
<br />spending.
<br />
<br />be dragged
<br />
<br />986-87 and 1988-89,
<br />gross state product--the value of
<br />all goods and services produced
<br />in Texas--is expected to increase
<br />11 percent.
<br />That's a considerable improve-
<br />ment over the 4.2 percent in-
<br />crease recorded between 1986-87
<br />and 1984-85, but it pales along-
<br />side the 15,9 percent increase be-
<br />tween 1982-83 and 1984-85.
<br />
<br />down bv the combination of
<br />modest "economic growth, a tax
<br />system that leans heavily on the
<br />oil and gas industry and the expi-
<br />ration of temporary tax hikes set
<br />to expire on August 31, 1987.
<br />
<br />Modest Economic Growth
<br />The Comptroller expects oil
<br />prices to stablize at $15 to $16
<br />per barrel in fiscal 1988-89. If the
<br />national economy stays out of re-
<br />cession and oil prices stabilize as
<br />stated, that stability should allow
<br />the Texas economy to expand
<br />modestly.
<br />Between
<br />
<br />..
<br />I
<br />
<br />~
<br />1I.l--~
<br />
<br />.-.-J
<br />
<br />State Expenditures by Function}
<br />All Funds
<br />(Amounts in Millions)
<br />
<br />State Expenditures by Object}
<br />All Funds
<br />(Amounts in Millions)
<br />
<br />I E.~c1udes some expenditures nOl cleared
<br />'Tulals ma~' nUl add due' 10 rounding,
<br />
<br />OBJECT
<br />Salaries and Wages
<br />Other Personal Services
<br />Consumable Supplies and Materials
<br />Current and Recurring Operating Expenses
<br />Assistance and Medical Care for the Needy
<br />Foundation School Program Grants
<br />Other Public Education Grants
<br />Grants to Higher Education
<br />Other Grants
<br />Payment of Principal on Indebtedness
<br />Payment of Interest and Other Claims
<br />Capital Outlay for Highways
<br />Capital Outlay for Land and Buildings
<br />Other Capital Outlay
<br />
<br />TOTAL EXPENDITURES2
<br />
<br />Ihruugh Ihe Com pi roller's
<br />
<br />MONTHLY
<br />EXPENDITURES
<br />October
<br />1986
<br />$ 319,3
<br />81.0
<br />34,7
<br />61.2
<br />193,2
<br />456,2
<br />58.4
<br />60.3
<br />56,5
<br />0.0
<br />0.7
<br />152,3
<br />13,9
<br />26,3
<br />
<br />$1.514.0
<br />
<br />MONTHLY
<br />EXPENDITURES
<br />Octobcr
<br />1986
<br />
<br />Ollice.
<br />
<br />Expenditurcs
<br />
<br />Expcnditurcs
<br />$ 618.4
<br />201.6
<br />67.0
<br />123,6
<br />401.4
<br />1.0 IS,S
<br />110.7
<br />121,0
<br />137,1
<br />]6,8
<br />16,0
<br />331.4
<br />37.9
<br />52.4
<br />
<br />$3.253,8
<br />
<br />YEAR-TO-DATE
<br />SEPTEMBER 1986 - OCTOBER 1986
<br />Pcrcent Change
<br />From Last FY
<br />
<br />Bob Bullock. Comptroller of Public Accounts
<br />
<br />YEA R-TO-DATE
<br />SEPTEMBER 1985 - OCTOBI<:R 1986
<br />Pcrccnt Change
<br />Front Last FY
<br />-0,1%
<br />-14,5
<br />3.6
<br />1.2
<br />40.3
<br />13.7
<br />16.9
<br />-7,5
<br />0.7
<br />.011.7
<br />-56.6
<br />39.2
<br />-2.8
<br />-30,6
<br />
<br />9,3%
<br />
<br />Fiscal Notes
<br />
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