The Purpose of the Biennial Revenue Estimate (BRE) Is to

question 50

Multiple Choice

The purpose of the Biennial Revenue Estimate (BRE) is to

• A) provide a detailed forecast of total revenues that the state is expected to take in.
• B) provide a detailed forecast of expenditures the state expects to be obligated for in the two-year budget cycle.
• C) provide a detailed forecast of the estimated federal funds the state can expect to receive during the two-year budget cycle.
• D) provide the governor a detailed estimate of the likelihood of a balanced budget during the two-year budget cycle.
• E) provide the federal government a detailed estimate of the need for federal funds to balance the Texas budget.

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Definitions:

Full Service

Offering or providing a complete range of services or products, accommodating all aspects of a customer's needs.

Automated Service

Automated service involves the use of technology to perform tasks and deliver services to customers with minimal human intervention.

Full-Service

A business model that offers customers a comprehensive suite of services or products, handling all aspects from start to finish.

Knowledgeable About Food

Refers to having a comprehensive understanding about food, including its preparation, nutritional value, and cultural significance.