Tag Archives: Comptroller

Villarreal considering run for Comptroller

Very interesting. Democratic statehouse Rep. Mike Villarreal of San Antonio is considering running for comptroller and is expected to make a decision next week. The five-term House member is an investor who holds a masters in public policy from Harvard. … Continue reading

Posted in Election 2010 | Tagged , , , , | 1 Comment

Carole the chameleon and Kinky the commissioner

This would be a little too weird. [Bill] White, expected to say Friday that he’s shifting his political sights from the U.S. Senate to the Democratic nod for governor, confirmed Thursday that [former Comptroller Carole Keeton] Strayhorn has tried to … Continue reading

Posted in Election 2010 | Tagged , , , , , , , , , , , , , , , , , | 5 Comments

Lampson for Comptroller?

Former US Rep. Nick Lampson may be getting back in the game. Former Congressman Nick Lampson, a moderate Democrat from southeast Texas, is considering a race for state comptroller, he confirmed this afternoon. “It’s something that I’ve been asked to … Continue reading

Posted in Election 2010 | Tagged , , , , , , , , , | 3 Comments

Did I mention that we’re facing a revenue shortfall?

In case I haven’t beaten this horse beyond recognition yet, the stimulus money really saved our budgetary bacon this year, and without something equally dramatic, we are so screwed in 2011. “It was a deficit budget as written,” said Scott … Continue reading

Posted in Budget ballyhoo | Tagged , , , , , , , , , , | 5 Comments

No check for you!

Nice little bit of holiday cheer for Texas’ retired public employees this week. Retired public employees discovered yesterday that they would not receive additional $500 checks this year. According to Senator Robert Duncan, R-Lubbock, they shouldn’t hold their breath for … Continue reading

Posted in Budget ballyhoo | Tagged , , , , , , , , , , , , | 1 Comment

The budget mess that awaits the next Governor

We already know that the next Legislative session will be a whole lot of no fun thanks to declining revenue estimates and our structural deficits. Here’s a further illustration of the problem. The current state budget is financed with $12 … Continue reading

Posted in Budget ballyhoo | Tagged , , , , , , , , , , , | 3 Comments

State sales tax revenues plummet

No surprise here. Sales tax and natural gas tax collections fell more than $1 billion short of projections in the 2009 fiscal year, according to a state comptroller’s report, fueling questions about the financial heartburn that may be ahead for … Continue reading

Posted in Budget ballyhoo | Tagged , , , , , , , , , , , , , | 2 Comments

Texas’ Madoff money

I’m not particularly upset that Texas had some money invested with Bernie Madoff, which is now gone. I mean, I wish that wasn’t the case, but he snookered an awful lot of people and organizations, so it’s neither shocking nor … Continue reading

Posted in Show Business for Ugly People | Tagged , , , | Comments Off on Texas’ Madoff money

As goes Cy-Fair, so goes Texas

Earlier this month, I noted that the Cy-Fair ISD was considering the repeal of an optional homestead exemption so it could pay for salaries and services it needed for the schools. They backed off after residents protested, choosing instead of … Continue reading

Posted in Budget ballyhoo | Tagged , , , , , , , , , , | 4 Comments

Sales tax revenues drop

The 2011 legislative session is going to be so much fun. Texas’ sales tax collections could fall $550 million short of budget projections for the current fiscal year, figures released Friday by Comptroller Susan Combs show. The $1.6 billion collected … Continue reading

Posted in Budget ballyhoo | Tagged , , , , , , | Comments Off on Sales tax revenues drop

Jeff Weems

We’ve been hearing plenty about the top of the ticket for Democrats in 2010, but there are still several slots to fill. One of them is the Railroad Commissioner seat held by Victor Carrillo. Via email to Carl Whitmarsh, here’s … Continue reading

Posted in Election 2010 | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Where the stimulus funds are going

I didn’t get to this last week, but City Controller and Mayoral candidate Annise Parker announced the creation of a new website that would track what stimulus dollars are coming to Houston and how they’re being spent. The website is … Continue reading

Posted in Budget ballyhoo | Tagged , , , , , , | Comments Off on Where the stimulus funds are going

Response from the racetracks

When I wrote my earlier post about how much revenue expanded gambling would generate for Texas, I said I’d be more than happy to do a similar exercise for someone on the pro-gambling side of things. Sure enough, I got … Continue reading

Posted in Budget ballyhoo | Tagged , , , , , , , , , , , , , | 3 Comments

We have the beginnings of a budget

And with it, some idea of how deep the hole is. Maintaining basic state services over the next two years will cost Texas almost $84 billion, $3.7 billion more in general revenue than the state expects to raise during that … Continue reading

Posted in Budget ballyhoo | Tagged , , , , , , , , , , , , | 1 Comment