2004 1978-2004
Texas Revenues by All Sources, 1978-2004
All Sources chart.


Texas Revenues by Texas Sources, 1978-2004
Texas Sources chart.
long description of charts

Federal dollars, not state taxes provide the largest source of state revenue today, the upper chart shows. But federal dollars get spent largely according to federal program guidelines, not decisions by state government. The lower chart shows only revenue raised and spent at Texas' discretion. Taxes on sales, including vehicle and fuel sales, contribute more than half of the discretionary budget. Revenue from oil and gas taxes and land income (much of it generated from oil and gas leases) has declined dramatically, replaced only partially by revenue from new sources such as the lottery and new or increased revenue from licenses, permits, fees, fines, and penalties.

Source: Texas Comptroller. (full source)