The state Senate’s draft budget would also lower property taxes by increasing the homestead exemption for most homeowners.

Texas House and Senate budget writers filed the first drafts of the next state budget Wednesday, calling for more than $150 billion in general revenue spending over the next two years in GOP-driven efforts that prioritize property tax relief,

Legislative budget-writers will start the 2025 session with a strong surplus, the state's chief financial officer says.

Texas Comptroller Glenn Hegar announced $701.9 million has been awarded for broadband infrastructure projects.

Texas Comptroller Glenn Hegar said Monday in his biennial revenue estimate to state lawmakers and leaders. The estimate comes one day before the Texas Legislature convenes on Tuesday for the start of the 2025 legislative session. The only thing lawmakers ...

Texas is in good financial shape,” Comptroller Glenn Hegar said Monday when he announced the 2026-2027 biennium revenue estimate.

Texas lawmakers are looking to spend billions of dollars over the next two years to create a school voucher-like program, cut property taxes, raise teacher pay, shore up water infrastructure and continue the state’s border crackdown, according to initial state budget drafts House and Senate leaders filed Wednesday.

The state’s budget bill has been filed in the Texas Senate by Sen. Joan Huffman, R-Houston, who chairs the Texas Senate Finance Committee. SB 1 is the Texas Senate’s proposed state budget for the 2026-2027 biennium and written by Huffman,

Ahead of the legislative session beginning Tuesday, Texas Comptroller Glenn Hegar announced that Texas has a nearly $24 billion surplus – higher than originally projected. In Hegar’s newly released Biennial Revenue Estimate (BRE),

Comptroller Glenn Hegar, the state’s chief accountant, released his revenue estimate for the next budget during a discussion hosted by the Texas Tribune. Hegar says lawmakers will have $194.6 billion in revenue available.

Metropolitan centers such as Austin are driving the state’s fast-growing population, which is outpacing the amount of housing being built, thus driving up costs, according to an August housing affordability report from Texas Comptroller Glenn Hegar ...

Texas Comptroller Glenn Hegar said Monday in his biennial revenue estimate to state lawmakers and leaders. The estimate comes one day before the Texas Legislature convenes on Tuesday for the start of the 2025 legislative session. The only thing lawmakers ...