Texas would need about $81.5 billion a year to end property taxes, officials say
Texas Republicans have been trying to reduce the state’s high property taxes for years, but some acknowledge eliminating them would be too expensive. Full Story
![An Aerial image of a suburban neighborhood in San Marcos on October 18, 2021.](https://thumbnails.texastribune.org/crAdlo7YsS6S26YwBYx1mYTPFfQ=/850x570/smart/filters:quality(75)/https://static.texastribune.org/media/files/3e5928e601d8b67d71acf4b04526cd06/Aerial%20Suburbs%20JV%20TT%2001.jpg)
The latest economy news from The Texas Tribune.
Texas Republicans have been trying to reduce the state’s high property taxes for years, but some acknowledge eliminating them would be too expensive. Full Story
Tribune fellowships offer students the opportunity to launch their careers with real-world experience. Full Story
A Senate committee discussed the potential pitfalls of artificial intelligence — and overregulating it. Full Story
Texas needs hundreds of thousands more homes than it has, per one estimate. That shortage has driven up home prices and rents. Full Story
To help raise money, the Lubbock-area food bank recruited a Michelin-recognized chef. Full Story
Before the pandemic, Ben Bilbrey worked with some of the largest oil companies. Now he’s waiting for the phone to ring. Full Story
The City Council did approve $5,000 for security, about one-fifth of the money it withheld over last month. Full Story
Texas is producing so much natural gas right now companies are losing money. Full Story
This week’s ruling was the latest twist since cities and groups in Texas’ Rio Grande Valley sued to block the projects. Full Story
The growth in union membership came from the technology and nonprofit sectors, as well as coffee shops. Full Story
Some Texas lawmakers have signaled an appetite to tackle the state’s housing affordability crisis when they convene next year. Full Story
The oil giant said it will relocate to Houston. It’s the latest company seeking a laxer, more business-friendly regulatory environment in Texas. Full Story
When disaster strikes, Polk County Judge Sydney Murphy takes command of her county’s emergency communication channels, including a text service and Facebook page. Full Story
Attorney General Ken Paxton sued the Facebook parent company in 2022, claiming it had used personal biometric data without permission. Full Story
Homeowners typically pay $2,300 a year for a Texas Windstorm Insurance Association policy. The rate increase would bump premiums by 10%. Full Story
The company’s power outages in July have drawn the ire of state leaders. Here’s what you need to know. Full Story
The arts center that organizes the monthly art walk, which draws 20,000 to downtown Lubbock, said the drag show happened at an off-site location and had no association with it. Full Story
The state’s booming population, congestion problems and billions of federal dollars on the table have officials eyeing ways to boost passenger rail. Full Story
The Odessa City Council approved the budget to replace nearly 200 water valves and 17,000 feet of pipe. Full Story
Musk said he decided to move his companies from California after Gov. Gavin Newsom signed several laws expanding protections for LGBTQ+ students. Full Story