News
Texas Has Nearly $60 Billion In Tax Breaks – Some Won’t Survive 2019
Posted on · State lawmakers must pass a budget. They’re also determined to reform school finance and cap property taxes. The money has to come from somewhere.
Tag: Texas comptroller
Politics
Outlook For 2020-21 State Budget: Healthier, But Still Tight
Posted on · The Texas Comptroller’s office recently raised its revenue estimate by nearly $3 billion, but the Legislative Budget Board is warning state agencies not to ask for more money than they got last time
Houston Matters
The Texas Legislature Is Projected To Gain A Significant Increase In Revenues–What Will That Mean For Houston?
Posted on · Texas Comptroller Glenn Hegar is forecasting that the state will have somewhere near 2.7 billion dollars more than previously anticipated.
News
Thanks To A Healthy Economy, Texas Comptroller Bumps Revenue Estimate By $2.8 Billion
Posted on · State officials welcomed the news with cautious optimism.
Texas
Texas Budget: Drop In Oil Tax Receipts Make Cuts In Services All But Certain
Posted on · State Rep. Drew Darby says the Texas Legislature could be more than $5 billion short of funds needed just to pay for current services.
Texas
Texas Faces Fresh Budget Pain As Legislature Prepares To Convene
Posted on · With low oil and natural gas prices still hurting state revenues, and Congress poised to slash federal funds for social services, legislators in Austin may have little choice but to cut spending across the board.
Energy & Environment
Taxable Value Of Oil Wells Plummet But Houston Firm Questions If It’s Still Too High
Posted on · There’s a debate in Texas over the value of oil wells. What’s a well worth, now that the price of oil is less than half what it was two years ago? The answer determines how much property tax will be owed.