Combs release revenue estimate

Comptroller Susan Combs has released her revenue estimate, i.e., the numbers legislators will be working with when session convenes tomorrow.

Read the revenue report here.

Combs estimates $77 billion available for general spending, which amounts to a 10.5% decrease from the last biennium.

89% of expected revenue will be derived from taxes. Of those taxes, sales tax accounts for 65% of the total.