Texas Comptroller Glenn Hegar announced today the release of the Certification Revenue Estimate (CRE) for the fiscal 2024-25 biennium. Before each regular legislative session, the Comptroller’s office issues a Biennial Revenue Estimate (BRE) that estimates how much revenue will be available for spending in the state’s next two-year budget cycle. After the session — and this year after two special sessions — the agency releases the CRE to provide the detailed basis by which the Comptroller certified […]
Texas Comptroller
Texas Comptroller Glenn Hegar Announces Upcoming Changes to Texas Broadband Development Program
Texas Comptroller Glenn Hegar applauded the signing of crucial legislation giving his office greater flexibility and resources as he works to expand access to reliable high-speed internet throughout Texas. Additionally, Hegar announced today his agency is making changes to the Texas Broadband Development program, which are directly related to the signing of these bills, to enhance broadband access, advance digital opportunities and better address the digital divide in Texas. These changes, required by the recent […]
Sales Tax Holiday for Emergency Supplies, April 22-24
With the severe weather season upon us, Texas Comptroller Glenn Hegar reminds Texans they can purchase certain items tax-free during the state’s sales tax holiday for emergency preparation supplies, which begins at 12:01 a.m. on Saturday, April 22, and ends at midnight on Monday, April 24. “While we can’t know in advance when the next flood, tornado or hurricane may strike, we can make sure our families, homes and businesses have the supplies they need […]
Texas Businesses: April 17 is Deadline for Filing Property Tax Renditions
Texas Comptroller Glenn Hegar reminds business owners that April 17 is the deadline to file property tax renditions with their county appraisal districts. Different deadlines apply for certain regulated property. A rendition is a list of the taxable inventory, furniture and fixtures, machinery, equipment and other property owned or managed as of Jan. 1 each year. The appraisal district may use the information to set property values. A rendition allows property owners to record their […]
Texas Comptroller Glenn Hegar Announces Recognition for Financial Reporting
Texas Comptroller Glenn Hegar today announced his agency received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association of the United States and Canada (GFOA) for its Annual Comprehensive Financial Report (ACFR). The agency has received this honor for 32 consecutive years. The certificate is the GFOA’s highest form of recognition in governmental accounting. “I want to express my gratitude to all the hardworking employees of my office and the […]
State Sales Tax Revenue Totaled $3.7 Billion in February
Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $3.68 billion in February, 14.2 percent more than in February 2022. The majority of February sales tax revenue is based on sales made in January and remitted to the agency in February. “Propelled by continued strong business spending and a surprising post-holiday surge in consumer spending, growth in February sales tax receipts significantly outpaced inflation, which is still hovering over 6 percent,” Hegar said. “Robust increases […]
Texas Comptroller’s Office Awarded $363 Million in Federal Grants to Increase Access to Affordable, High-Speed Internet
Texas Comptroller Glenn Hegar announced today his agency will receive $363 million in grants from the federal government to increase access to affordable, reliable high-speed internet to more than 150,000 homes and businesses in Texas. The U.S. Department of the Treasury announced the award of $363.8 million for the Bringing Online Opportunities to Texas (BOOT) program, which is a competitive grant application program administered by the Texas Broadband Development Office (BDO) housed within the Comptroller’s […]
Comptroller Glenn Hegar Releases Texas Broadband Development Map Identifying Areas Eligible for Funding
Texas Comptroller Glenn Hegar announced today the release of the Texas Broadband Development Map, which uses data collected from internet service providers (ISPs) to show the availability of various types of high-speed internet access across Texas. The process for creating the map follows the process used by the Federal Communications Commission (FCC) to create the national broadband map and meets the statutory guidelines established in House Bill 5 passed in the Regular Session of the 87th […]
Taking a Closer Look at Drought and Water Scarcity in Texas
Water is a vital resource necessary to sustain Texas’ rapidly expanding population and thriving economy. This month’s Fiscal Notes explores the effects of drought and highlights the necessity of statewide water planning and the Comptroller’s recent Good for Texas Tour: Water Edition. “Whether in times of drought or flood, responsible water management ensures Texans see water as a resource — not a crisis. Texans around the state are employing innovative strategies to turn our water challenges into opportunities,” says Texas Comptroller […]
Texas Comptroller Glenn Hegar Petitions Federal Government on Timing of its Broadband Map Development, Release of Federal Broadband Funding
Texas Comptroller Glenn Hegar has asked the federal government to extend the deadline by 60 days for states and stakeholders to provide input on the accuracy of the proposed National Broadband Map (national map). The national map will be used to allocate federal funding to states to expand broadband in unserved and underserved communities. On Nov. 18, the Federal Communications Commission (FCC) released its initial version of the national map, which displays location-by-location views of high-speed […]