Glenn Hegar

State Sales Tax Revenue Totaled Nearly $3 Billion in November

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $2.98 billion in November, 6.3 percent less than in November 2019. The majority of November sales tax revenue is based on sales made in October and remitted to the agency in November. “November state sales tax collections continued the trends of recent months, with receipts down from a year ago in all major economic sectors other than retail trade,” Hegar said. “Increased collections from retail […]

Texas Comptroller’s Office Announces Prepaid Debit Card for Texas ABLE® Program

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar today announced the launch of the U.S. Bank® Focus Card — a new prepaid debit card for Texas ABLE® Program account owners. With the Focus Card, Texas ABLE account owners can pay for qualified disability expenses on the go or online — anywhere nationwide that accepts Visa® debit cards.  “This is a powerful tool that gives Texas ABLE account owners a convenient new way to use the funds in their accounts,” Hegar said. “This increased flexibility will help account holders manage their […]

Texas Comptroller Glenn Hegar Announces Transfer of $2.3 Billion to State Highway and Rainy Day Funds

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar announced today he recently completed the transfer of $2.27 billion into the State Highway Fund (SHF) and the Economic Stabilization Fund (ESF; commonly known as the “Rainy Day Fund”). Each fund received more than $1.13 billion, or 50 percent of the total transfer. The economic contraction associated with the COVID-19 pandemic and recent volatility in oil prices contributed to the transfer amounts being lower than the $1.66 billion each fund received […]

Fiscal Notes: Chapter 313 Agreements – Trading Tax Limitations for Development

Texas Comptroller Glenn Hegar

In the recently released November edition of Fiscal Notes, the Comptroller’s office examines the 2001 Texas Economic Development Act, created to give Texas a competitive edge in business location decisions and codified as Chapter 313 of the Texas Tax Code. Chapter 313 allows school districts to temporarily limit a property’s appraised value to encourage business investment within their borders. The property owner agrees to create a certain number of permanent, full-time jobs, called “qualifying jobs,” and […]

Comptroller Glenn Hegar Distributes Nearly $891 Million in Monthly Sales Tax Revenue to Local Governments

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar announced today he will send cities, counties, transit systems and special purpose taxing districts $890.5 million in local sales tax allocations for November, 4.8 percent more than in November 2019. These allocations are based on sales made in September by businesses that report tax monthly, and on sales made in July, August and September by quarterly filers. LOCAL SALES TAX ALLOCATIONS (Nov. 2020) Recipient Nov. 2020Allocations Change fromNov. 2019 Year-to-dateChange Cities $583.9M […]

Texas Comptroller’s Office Highlighted in Pandemic Procurement Conference

Texas Comptroller Glenn Hegar

The Texas Comptroller’s Statewide Procurement Division (SPD) was highlighted for its COVID-19 pandemic response during the recent National Association of State Procurement Officials (NASPO) annual conference. The conference, held in September, showcased the responses of a dozen states to the pandemic and the work their procurement offices did to meet the needs of their citizens. “Procurement is complex in the best of times,” Texas Comptroller Glenn Hegar said. “We must develop fair and open solicitations and conduct […]

Texas Comptroller’s Office Honored as a Top Workplace in the Greater Austin Metro Area

Texas Comptroller Glenn Hegar

The Texas Comptroller’s office ranked as a Top 10 large-sized employer in the Austin American Statesman’s 2020 Top Workplaces of Greater Austin survey. More than 125 employers, employing more than 49,000 in the Austin area, were surveyed. About 29,000 employees completed the survey questionnaires, which were prepared by Energage, a Pennsylvania-based company with expertise in employee engagement. The survey asked workers to rate their employers on issues such as leadership and direction, ethics and values and treatment of […]

Comptroller’s Office Releases State of Texas Annual Cash Report

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar today announced the release of the State of Texas Annual Cash Report for fiscal 2020. The report, a cash-basis representation of the state’s financial condition as of Aug. 31, 2020, shows revenue and expenditure details for all funds in the State Treasury. Each fund includes the following information: Date of origin. Administering agency. Authorizing statute. Revenues and other sources at the object code level. Expenditures and other uses at the category level. A […]

State Sales Tax Revenue Totaled $2.7 Billion in October

Texas Comptroller Glenn Hegar

Texas Comptroller Glenn Hegar today said state sales tax revenue totaled $2.72 billion in October, 3.5 percent less than in October 2019. The majority of October sales tax revenue is based on sales made in September and remitted to the agency in October. “October sales tax collections from all major economic sectors declined significantly from year-ago levels, with the exception of collections from retail trade,” Hegar said. “The steepest declines were in receipts from oil- and […]

Fiscal Notes: Uninsured Texans

In the recently released October edition of Fiscal Notes, the Comptroller’s office examines the issue of uninsured Texans, the economic consequences for the state, options available to those who have recently lost their insurance — and various policies that could extend health coverage to more of our most vulnerable citizens. According to recently released U.S. Census data, the share of Texans without health insurance was 18.4 percent in 2019. And the job losses and economic turmoil […]