The terminal continues an oil export infrastructure buildout that pushes growth in U.S. oil production as momentum fades on a phase-out of fossil fuels.  view article arw

AUSTIN, Texas - In an exclusive interview, Lt. Gov. Dan Patrick sat down with FOX 7 Austin about the suspicion surrounding the Texas Lottery Commission.  view article arw

Senators voted unanimously to send the measure to the House.  view article arw

The Texas Senate moved swiftly this week to advance property tax relief, one of Gov. Greg Abbott’s emergency items this session. view article arw

The marquee proposal would increase the amount of a home’s value exemption from school taxes to $140,000 from $100,000.   view article arw

Proposals to cut property taxes by raising the Texas homestead exemption to $140,000 cleared a key hurdle Tuesday when a bipartisan committee voted unanimously to approve and send two bills to the full Senate. view article arw

DALLAS — Gov. Greg Abbott, in his bid to curb Texas’ high property taxes, wants Texas voters to have the final say on any property tax hike. view article arw

President Donald Trump said he plans to impose 25 percent tariffs on steel and aluminum imports on Feb. 10. view article arw

DALLAS — Texas’ top officials have pledged to cut property taxes for homeowners and businesses this year, building on a mammoth package of tax cuts lawmakers passed two years ago. view article arw

(The Center Square) – At his state of the state address Sunday in Austin, Texas Gov. Greg Abbott laid out his legislative priorities. They range from property tax reform to school choice to imposing the death penalty for child murderers. view article arw

The tariffs, which also target China, are scheduled to go into effect Tuesday. They prompted immediate efforts to retaliate.   view article arw

Texas decertified a widely used electronic pollbook after problems in November. Will a fix arrive in time for the next election?   view article arw

The deadline to pay your property taxes is quickly approaching. If you plan to pay by mail, we want to remind you to double-check everything! And that’s really important if you’re paying taxes to the Cypress-Fairbanks Independent School District. For one local woman, who reached out to KPRC 2′s Help Desk, the mistake almost turned into a property tax headache, but her quick action and a bit of luck helped her avoid disaster. view article arw

Restrict THC, help with deportations, infuse religion in schools and provide property tax relief – these are among the Patrick priorities.   view article arw

President Donald Trump says he will work with Congress to get the measure to his desk. view article arw

The Texas oil and natural gas industry broke multiple records in fiscal 2024, including paying a record $27.3 billion in taxes and royalties, according to new data published by the Texas Oil & Gas Association (TXOGA). view article arw

The tech giant’s decision to end the program comes as CEO Mark Zuckerberg seeks to mend ties with the incoming Trump administration.   view article arw

Most of Shackelford County’s tax entities have lowered rates, easing the property tax burden for residents.  w view article arw

Richardson ISD residents may see a voter-approval tax rate election next year in an effort to address budgetary shortfalls. The Community Budget Steering Committee made several recommendations for the RISD board of trustees to consider to address financial challenges the district faces because of declining revenues and increased operating costs.  The specifics: Several subcommittees within the Community Budget Steering Committee made recommendations for the board during its Dec. 12 meeting. view article arw

The Texas Education Agency (TEA) has determined that Fort Bend ISD did not violate state law with its voting incentives during the Voter Approval Tax Rate Election in 2023, although some people involved with the district at the time could potentially face bribery investigations. The ballot measure asked residents to approve a tax rate increase that would be used for teacher and staff raises as well as armed security required by an unfunded state mandate. The tax rate increase passed overwhelmingly, with 57% of the vote share. view article arw

HISD’s board of managers last week approved a budget amendment of nearly $125.5 million at the request of Miles, who said about $57 million of that total is local property tax revenue being sent to the state. Texas has a revenue-sharing system for public schools and determines their funding based on average daily attendance. view article arw

It's been over a month since Austinites voted in favor of Austin ISD's Proposition A, or the Voter Approved Tax Rate Election. The VATRE raised property taxes for Austin ISD homeowners to help provide pay raises and reduce the district's financial woes. Those bumps in pay have started hitting teachers' paychecks-- meaning Austin homeowners are also facing a hike in their tax bill. view article arw

COLLEGE STATION (Texas Real Estate Research Center) – Texas’ housing market slowed in February after persistently low mortgage interest rates contributed to record sales in the existing-home sector the previous month. "Sales activity was greatly hindered by February’s unseasonably wintery weather that caused power outages and water disruptions across the state," said Dr. Luis Torres, research economist for the Texas Real Estate Research Center at Texas A&M University. Existing-homes sold through the Texas Multiple Listing Services declined 16 percent from January, drawing even with year-ago levels. Despite slower sales, the state’s existing-home inventory fell below 1.5 months in February. The number of new listings that hit the market declined for the second straight month to their lowest reading since April 2020, when the state was under a stay-at-home mandate. view article arw

Texas makes mess of taxes

May 1607:45 AM
 

Count on the Texas Legislature to come up with a painfully complicated and inefficient way to repeal a painfully complicated and inefficient tax. Lawmakers deserve praise for targeting the Texas Franchise Tax, but their methods are unsound. The franchise tax, also called the margins or business tax, ranks consistently as one of the worst taxes anywhere in the country. It was the convoluted response to the Texas Supreme Court declaring the public school finance system unconstitutional. Lawmakers had to lower property taxes to comply with the court order, so to find replacement funds they rewrote the franchise tax, what businesses pay for the privilege to operate in our great state. view article arw

The Dallas school board Thursday night voted against putting a tax ratification election before voters this fall. The proposed 13-cent tax hike would have given the district $100 million to fund early childhood education and early college high school programs. The district also wanted to expand a program that pays extra money to top teachers who take jobs in some of the district’s toughest schools. view article arw

Trustees of the Wylie Independent School District proposed a tax rate of $1.13 per $100 of property value for the 2016-17 fiscal year — a tax cut of 2.4 cents — and added more money to the proposed budget for teachers' salaries during Monday's regular board meeting. Trustees conducted their third of three workshops for the 2016-17 budget of $32.340 million and set a special meeting for Monday, Aug. 29, at 6:30 p.m. to receive comments from the public on the budget and tax rate and then consider approval. view article arw

Kilgore ISD tax rate in the air

June 2407:38 AM
 

School trustees in Kilgore began their budget-writing season Monday with an overview of what is and isn’t known about financing the 2014-15 school year. view article arw