CPA: 1.4% Dip and No Borrowing

Two fiscal tidbits from the Comptroller this week, the latter of which was seized on as due to legislative success:

• June 2015 sales tax revenue collections are down 1.4% from June 2014. The first decline in 62 months. Comptroller Release
• Texas will not borrow to cover its cash flow issue for the first time in a long time. Comptroller Release
  • Lt. Gov. Patrick hailed it as a result of legislative success with conservative spending
    • Ft. Bend News