AUSTIN – Lt. Gov. Dan Patrick made this statement today following the release of Texas Comptroller Glenn Hegar’s biennial revenue estimate:

“We are pleased that Comptroller Hegar’s $119.1 billion biennial revenue estimate confirms the Texas economy remains strong despite cyclical fluctuations in our oil and gas industry.

“This matches the Senate projections. We face a broad range of fiscal challenges in the 86th Legislative Session and we are committed to property tax reform, increasing teacher pay and school finance reform. We are confident we can accomplish these goals.”