Week of Big Texas Finance Reports. Be Informed:

CAFR from the Comptroller & Report to the Citizens of Texas:

• Economic Growth will be slow
• Unemployment rates will remain low
• Service-producing industries grew by 2.6%
• Goods producing industries declined by 2.9%
• Largest employment growth rate was educational and health services 4.1%
• Mining and logging industry had the greatest rate of decline  of 11.4%
• Texas exports in 2015 was $251 billion 
• Since 2002, Texas is the leading state exporter

State Financial Annual Audit from the SAO:

• Economic Stabilization Fund balance was $10.2 billion
• $7.9 billion in cash in the State Treasury
• $1.8 billion in current and non-current investments
• $439.5 million due from the General Revenue Fund
• FY16 was $140.4 billion, an increase of $6.7 billion or 5.0% since the prior fiscal year
• State’s assets on August 31, 2016, totaled $290.0 billion, a 7.3%
• State’s bonded indebtedness was $47.1 billion