Gov. Greg Abbott says power is almost fully restored statewide and grocery stores will soon be restocked
Abbott said power should be fully restored across the state Sunday night or Monday. Full Story
The latest Rainy Day Fund news from The Texas Tribune.
Abbott said power should be fully restored across the state Sunday night or Monday. Full Story
Our staff is closely tracking developments on the new coronavirus in Texas. Check here for live updates. Full Story
If approved by voters next month, the constitutional amendment would set aside $800 million from the state's rainy day fund for flood mitigation efforts. Full Story
In the latest episode of our podcast about the 86th Legislature, Evan Smith asks state Rep. John Zerwas, the chief budget writer in the Texas House, whether we have enough money to fund today’s priorities and tomorrow’s — and which hard choices we have to make. Full Story
As lawmakers debate costly investments in property tax reduction and public schools, they're eyeing the state savings account for a sizable withdrawal. Full Story
State Sen. Charles Perry, chairman of the Senate Committee on Water and Rural Affairs, has a package of bills that could create Texas' first statewide flood plan. He says coastal Texans aren't the only ones at risk of property loss. Full Story
Advocates for state workers are calling for increased pay after a State Auditor’s Office report released in December found that agency turnover was at 19.3 percent in the 2018 budget year. The top reasons employees said they left were retirement, better pay and benefits and poor working conditions. Full Story
A report released Friday by the Texas Senate's budget-writing committee laid out past and future costs related to recovery from "the most costly disaster ever to hit the Texas coast." Full Story
The decision means Texas can invest more of its massive rainy day fund — and signals lawmakers' confidence that the current balance is healthy. Full Story
Without an infusion of new money to cover mounting liabilities, Hegar warned, credit agencies are likely to downgrade Texas’ credit rating, which would make it more expensive for the state to borrow money — and perhaps damage the state's business climate. Full Story
On this week's TribCast, Emily talks to Evan, Patrick and Edgar about Land Commissioner George P. Bush walking back statements on Hurricane Harvey relief and the Rainy Day Fund, and the Texas AFL-CIO's decision not to endorse Beto O'Rourke over a convention the Democratic U.S. Senate candidate missed. Full Story
Hurricane Harvey probably won't wallop Texas’ economy in the long run, Comptroller Glenn Hegar said. But the state’s response to the storm could ultimately mean a multibillion-dollar hit to the state budget. Full Story
Southeast Texas leaders told state lawmakers on Wednesday that they don't have enough money to carry out major flood control projects on their own. They also advocated for a collaborative, regional approach to flood control. Full Story
The governor said if the state needs to tap the Rainy Day Fund for Harvey recovery, it won't be until the next legislative session in 2019. Full Story
Gov. Greg Abbott said Friday another special session of the Texas Legislature won't be necessary to deal with the response to Hurricane Harvey. The Legislature isn’t scheduled to meet again until January 2019. Full Story
A proposal to dramatically reshape the state’s savings account to set aside more funds for tough economic times has effectively died in the final days of the legislative session. Full Story
The Texas House approved legislation Wednesday that would overhaul the way the state stows away money for tough economic times, advancing a proposal championed by Comptroller Glenn Hegar. Full Story
The Senate doesn't like the House's hit on the Rainy Day Fund. The House doesn't like the Senate's delay of a deposit into the state's highway fund. Neither wants to raise taxes. But all is not yet lost — unless they want to fight about it. Full Story
Texas Comptroller Glenn Hegar wants to reshape the state's Rainy Day Fund, aiming to get more bang for those stowed-away bucks. Full Story
The state has a Rainy Day Fund with billions of dollars in it, but Texas lawmakers would rather use accounting tricks to balance their next budget. Full Story