Posted on · Texas Public Radio compared year-to-date sales tax returns to major cities through July of this year compared to those during the same period in 2020. Both are pandemic years, but spending and sales tax collections are improving across the state.
Posted on · Governor Greg Abbott, Lieutenant Governor Dan Patrick, and House Speaker Joe Straus are asking most state agencies to lower their 2018-2019 funding requests, as Texas grapples with falling tax revenues.
Posted on · Turner will send his first budget to Houston City Council in April. With the exception of law enforcement, most city services are looking at funding cuts of 5 to 7 percent.
Posted on · The industry paid nearly $14 billion in taxes and royalties last year, even as oil prices languished.
Posted on · The falling price of oil doesn’t just mean less money for energy companies. It means millions of dollars less for the state of Texas; tax money that pays for everything from roads to education. How bad is it?