Texas will have an $18.6 billion surplus and avoid a recession, comptroller projects
The updated comptroller’s report raises the amount of revenue available to the state over the 2024-25 cycle to $194.6 billion. Full Story
The latest Glenn Hegar news from The Texas Tribune.
The updated comptroller’s report raises the amount of revenue available to the state over the 2024-25 cycle to $194.6 billion. Full Story
Comptroller Glenn Hegar said he disagreed with Paxton’s interpretation of the law and suggested he seek a ruling from the Texas Supreme Court. Full Story
Texas Comptroller Glenn Hegar says the state has collected more from insurance premiums that he had previously predicted. He suggested lawmakers invest more in teacher pay raises. Full Story
While launching a statewide program to distribute packets to dissolve opioids, Attorney General Ken Paxton worked to connect Kenny Hansmire with the state’s comptroller, who oversees the distribution of millions of dollars in opioid settlement money. Full Story
On the eve of a historic investment in connecting the Lone Star State, advocates worry maps that will help establish which communities get funding have bad information. Full Story
Before Abbott can review the budget that will direct the state’s spending for the next two years, the comptroller has to certify that it doesn’t spend more money than the state expects to bring in. Full Story
The fight is the latest skirmish between Texas Comptroller Glenn Hegar and Harris County leaders over whether they “defunded” law enforcement. Full Story
If Texas’ budget surplus were distributed directly to Texans, it could pay for 12 years of school lunches, seven months of rent or 11,000 miles of travel. Here’s how to put the big number into perspective. Full Story
The preliminary budgets by House and Senate call for $130.1 billion in state spending over two years, even though tens of billions more are available to them. The bills do not bust state or constitutional spending limits. Full Story
It’s far more money than legislators have ever had at their disposal, with an increase in available funds that dwarfs any previous jumps between cycles. It’s also more money than lawmakers can constitutionally spend. Full Story
The program, known as Chapter 313, provides companies with billions of dollars in property tax breaks. The court said it is up to the Legislature to make the call on what to do as the program is set to expire and the state is swamped with applications. Full Story
In a conversation with The Texas Tribune, Texas Comptroller Glenn Hegar discussed the state’s biennial revenue estimate, how the state is enjoying a surplus amid economic fears nationally and where the state should consider allocating its extra money. Full Story
Hundreds of businesses have sought tax savings from the state before the Chapter 313 program expires. Two companies say they are missing out despite being eligible. Full Story
Local officials, echoing Glenn Hegar, say the current maps are flawed and the process to lodge complaints is cumbersome. Full Story
Texas homeowners have some of the highest property tax bills in the nation, a byproduct of the state’s reliance on such taxes to help pay for public schools and the state’s lack of an income tax. Full Story
During the campaign, Hegar touted his work on lowering taxes and expanding broadband in Texas, reforming the tax code, reducing regulations on agriculture and pushing for government transparency. Full Story
Hegar, who is running for his third term as Texas comptroller of public accounts, has made increasingly provocative moves in recent weeks, challenging financial companies he says are anti-oil and gas and threatening budget sanctions against Harris County over police funding. Full Story
Texas Comptroller Glenn Hegar singled out financial firms under a 2021 state law that prohibits most state entities from contracting with companies that have reduced or cut investments in the oil and gas industry. Full Story
Comptroller Glenn Hegar said the state could block the approval of Harris County’s budget because it’s not allowing constables to roll $3 million in unspent funds into next year’s budget — even though the constables’ total funding will go up next year. Full Story
Advocates have previously called for repealing the sales tax on products like tampons, sanitary pads and pantyliners. Menstrual products are already tax-free in 24 states. Full Story