Glenn Hegar
Texas Comptroller of Public Accounts
Glenn Hegar
Texas Comptroller of Public Accounts
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Glenn Hegar
Texas Comptroller of Public Accounts
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InFocus

Good for Texas Tour: Cybersecurity

Texas Comptroller Glenn Hegar is highlighting the impact of Texas colleges and universities in the fight against cybercriminals as he continues his Good for Texas Tour.

“Texas ranked third among states in the number of cybercrime victims and second in the number of financial losses in 2017,” Hegar said. “Unfortunately, cybercriminals see Texas’ large, ever-growing population as a large and ever-growing pool of potential targets. Thankfully, our state’s colleges and universities have developed nationally recognized programs that produce the highly skilled professionals needed to address these challenges while creating high-wage, high-demand jobs for Texans.”

Read the press release for the Good for Texas Tour: Cybersecurity.

Cybersecurity Snapshot

View more information about the Good for Texas Tour: Cybersecurity.


Good for Texas Tour: NASA

For more than 60 years, NASA has fueled scientific discovery, advanced human exploration and inspired a nation. While NASA has become synonymous for pushing the boundaries of human existence in space, in Texas its achievements have fueled the growth of the state economy.

NASA’s presence in Texas supports business activities and employment, contributes to higher education funding through research partnerships and drives tourism in the Gulf Coast. As NASA improves its deep-space technologies and cultivates partnerships to commercialize space, Texas is well-positioned to be a leader in a new space economy.

Read the press release for the Good for Texas Tour: NASA.

Learn more about NASA, its economic impact on the state and the agency's Texas operations.


Most school supplies, clothes and backpacks under $100 can be purchased tax-free during Texas’ sales tax holiday.
TexasTaxHoliday.org

Save the Sales Tax

Texas’ four sales tax holidays have saved consumers more than $1 billion in state and local sales taxes. Each holiday has specific guidelines about qualifying purchases, but there is never a limit to the number of items that can be purchased tax-free during the long weekends. Eligible purchases include back-to-school and emergency supplies, as well as energy- and water-saving products.

Read more at Fiscal Notes:
Sales Tax Holidays: Tax Relief for Important Purposes
The Texas Sales Tax Holiday Turns 20


Maintaining the AAA Rating

The Texas Legacy FundSecuring Texas’ Future

“It was like burying the money in a hole on the Capitol lawn.”

Texas’ Economic Stabilization Fund (ESF) was created to protect state finances in times of economic volatility. The fund has grown, but the investment strategy intended to protect the ESF no longer works. Billions of dollars tied up in low-yield investments haven’t earned enough to keep pace with inflation in recent years. Meanwhile, Texas’ long-term financial obligations are growing, and the state’s credit rating could face costly downgrades.

Comptroller Hegar’s proposal to start addressing the state’s fiscal health starts with the Texas Legacy Fund, a permanent endowment for the state. How would it work? State law requires the ESF keep a minimum balance. We would invest part of the money that exceeds that minimum balance,  generating even more money to meet the state’s needs such as road repairs and teacher retirements.

Bottom line – a significant new source of revenue created by the Texas Legacy Fund could safeguard our state’s financial stability.

Learn more about the Texas Legacy Fund »


A Deep Dive into the Texas Budget

There’s more than meets the eye when it comes to the state’s budget. Special issues of Fiscal Notes examine growing financial demands and the forces that drive Texas’ budget.

Fiscal Notes Special Edition on School Finance

Texas School Finance Doing the Math on the State's Biggest Expenditure

In a special January edition of Fiscal Notes, we examine the state’s public school finance system, its mechanics and the challenges it faces as the state and its school districts struggle to cope with rapidly growing enrollment and rising costs.

Long-Term Obligations and the Texas Legacy Fund

The fall issue of Fiscal Notes provides an examination of the state's growing long-term financial obligations — and ways to mitigate their effect on state finances.

Budget Drivers: The Forces Driving State Spending

A majority of state spending goes to just three purposes: education, health care and transportation. In the November issue of Fiscal Notes, we examine what’s driving the steady increase in their costs.


Months of intense work go into the development of the Biennial Revenue Estimate (BRE), the numbers rooted in our year-round monitoring of economic conditions and state tax collections. Watch the videos »



The state is projected to have approximately $119.1 billion in revenue available for general-purpose spending during the 2020-21 biennium.
Read more about the BRE »