Tag Archives: Comptroller

Combs raises revenue estimate

Posted on May 17, 2011 by Charles Kuffner

Looks like Sen. Ogden and his fellow dreamers got their wish. Comptroller Susan Combs added $1.2 billion to her estimate of state revenues, making that much more money available to budget writers who are scrambling for cash. She said the … Continue reading →

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Senate passes supplemental appropriation with extra rainy day funds

Posted on May 17, 2011 by Charles Kuffner

I guess I hadn’t realized that the Senate hadn’t gotten around to passing a bill to close the deficit from the last biennium, since the House had done that a long time ago amid a huge debate about using Rainy … Continue reading →

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The itty bitty budget deal

Posted on March 15, 2011 by Charles Kuffner

It’s not nothing, but not by much. Gov. Rick Perry and House leaders struck a deal Tuesday to spend $3.2 billion from the state’s rainy day fund to fix one piece of the state’s budget shortfall. […] Perry said at … Continue reading →

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Get your economic projection brackets ready

Posted on March 15, 2011 by Charles Kuffner

The Final Four will be played in Houston this year, and you know what that means. The NCAA’s estimate for economic activity in Houston puts the total to be spent during the Final Four at $60 million, while the Greater … Continue reading →

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Comptroller finds a few more bucks

Posted on March 15, 2011 by Charles Kuffner

Better than a sharp stick in the eye. Comptroller Susan Combs has revised the state’s 2011 revenue estimate by $300 million because of stronger-than-expected sales tax collections. That change would reduce the deficit in the current budget to $4 billion … Continue reading →

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How about those tax exemptions?

Posted on March 4, 2011 by Charles Kuffner

There’s a lot of them, and they cost the state big bucks. A 68-page report released by Texas Comptroller Susan Combs on Monday offers a detailed look at billions of dollars in state tax exemptions and could fuel renewed discussion … Continue reading →

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Comptroller states the obvious about the deficit

Posted on March 3, 2011 by Charles Kuffner

Obvious if you’ve been paying attention, anyway. The Texas comptroller told the House Appropriations Committee on Thursday that she can’t imagine solving the current budget crisis through cuts alone. Susan Combs spoke at a hearing designed to be a reality … Continue reading →

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Pitts endorses using at least some of the Rainy Day Fund

Posted on March 1, 2011 by Charles Kuffner

It’s a start. Rep. Jim Pitts, R-Waxahachie, the House’s lead budget writer, today filed bill that would draw down nearly $4.3 billion of rainy-day money to cover the state’s deficit in the current two-year cycle. Pitts’ plan would tap a … Continue reading →

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Amazon abandons Texas

Posted on February 12, 2011 by Charles Kuffner

More job losses, and we haven’t even started firing teachers yet. Online retail giant Amazon.com will close its suburban Dallas distribution center amid a dispute with the state over millions in uncollected state sales taxes, The Associated Press reported Thursday. … Continue reading →

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Are you ready for the next big budget deficit?

Posted on February 3, 2011 by Charles Kuffner

It’s coming in the next legislative session. Pressed by Democratic senators on the Finance Committee, John Heleman said the state will have a $10 billion structural deficit in future budgets largely because the business tax has underperformed and the 2006 … Continue reading →

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Amazon sues Texas

Posted on January 23, 2011 by Charles Kuffner

Game on. Four months after Texas officials told Amazon.com Inc. that it owes $269 million in uncollected sales taxes, the online retail giant has filed a lawsuit demanding that the comptroller’s office release the audit information it used in arriving … Continue reading →

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From the “I told you so” department

Posted on January 17, 2011 by Charles Kuffner

Ladies and gentlemen, our former Comptroller: Comptroller Carole Keeton Strayhorn did not win friends five years ago when she warned Gov. Rick Perry and state lawmakers they were writing the “largest hot check in Texas history” during a tax overhaul … Continue reading →

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There’s still no such thing as a rainy day

Posted on January 12, 2011 by Charles Kuffner

Having been in denial about the size of the budget deficit, Governor Perry goes into denial about how to deal with it. Gov. Rick Perry on Monday said he was opposed to using the state’s rainy day fund to help … Continue reading →

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We have a number for the hole

Posted on January 11, 2011 by Charles Kuffner

There’s actually more than one number that can be used to accurately describe the state budget deficit, depending on what your perspective is, but however you look at it, it’s big and it’s no longer projected or theoretical. State Comptroller … Continue reading →

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The coming cuts to public education

Posted on December 10, 2010 by Charles Kuffner

We know that public education is a huge part of the state’s budget, and in the absence of any willingness on the part of the Republicans to ensure that it’s properly funded, we know there will be cuts coming. How … Continue reading →

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The city’s financial picture looks grim

Posted on November 17, 2010 by Charles Kuffner

It’s ugly. A draft of the fiscal 2012 budget, which begins in July, shows a projected shortfall of at least $118 million. For fiscal 2012 through fiscal 2015, the shortfall is an estimated $542 million. […] Several City Council members … Continue reading →

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Amazon was just the beginning

Posted on November 7, 2010 by Charles Kuffner

I agree with this. By telling retail giant Amazon.com that it owes $269 million in uncollected sales taxes, the State of Texas has waded into the national debate over taxing Internet sales. The state comptroller’s office said it has sent … Continue reading →

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The hole is deeper than we thought, the continuing story

Posted on November 5, 2010 by Charles Kuffner

You have to admire the timing on this. Texas collected $2.5 billion less in taxes in the 2010 fiscal year that ended Aug. 31, than the previous year, state Comptroller Susan Combs said in a new cash report. The tax … Continue reading →

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Texas tells Amazon to pay up

Posted on October 29, 2010 by Charles Kuffner

Well, that’s one way to attack the budget deficit. Texas has sent Amazon.com Inc. a $269 million bill for uncollected sales taxes on purchases made by state residents from the Seattle-based Internet superstore over a four-year period. […] R.J. DeSilva, … Continue reading →

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The hole keeps growing

Posted on September 18, 2010 by Charles Kuffner

Do I hear $21 billion? $21 billion, anybody? The working estimate of the looming state budget shortfall has grown to about $21 billion in the face of smaller-than-expected tax revenues and projected higher costs for education and health care, legislative … Continue reading →

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How big is the hole, Susan?

Posted on September 10, 2010 by Charles Kuffner

You’d think with all of the talk about the budget and the projected shortfall, we’d have heard an opinion from our State Comptroller, Susan Combs, as to just how things look right now. Especially given that Governor Perry has publicly … Continue reading →

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Sales tax revenues inch up

Posted on August 16, 2010 by Charles Kuffner

It’s better than the alternative, but still nothing to write home about. Sales tax receipts in July were up 2.2 percent compared to the same time the previous year, [Comptroller Susan] Combs said. Revenue increased $1.69 billion from July 2009, … Continue reading →

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If it’s not your car, why did you get mileage reimbursements on it?

Posted on July 29, 2010 by Charles Kuffner

The Back to Basics PAC has more questions about “Linda Harper-Benz”. Remember our prior post on the scandal about how State Rep. Linda Harper-Brown was caught driving a brand-new 2010 Mercedes-Benz ME550 Sedan that was given to her by a state … Continue reading →

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Gambling and the deficit

Posted on July 12, 2010 by Charles Kuffner

I’ve said before that regardless of what you hear from gambling proponents about the potential for expanded gambling to help with the current budget deficit, you should not expect anything this biennium. I’m glad to see that I’m not the … Continue reading →

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Sometimes, government really is run like a business

Posted on July 1, 2010 by Charles Kuffner

And that’s not such a good thing, as former deputy state comptroller Billy Hamilton pointed out in testimony before the House Select Committee on Government Efficiency and Accountability. Don’t expect savings anytime soon. Check out other states that tried the … Continue reading →

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Where have all our sales taxes gone?

Posted on May 13, 2010 by Charles Kuffner

The Lege would like to know. “The situation is not good,” said Rep. Jim Pitts, R-Waxahachie, who has asked representatives of Comptroller Susan Combs to testify before his Appropriations Committee. State revenues remain “well short” of predictions, although sales tax … Continue reading →

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Nothin’ but good times ahead

Posted on April 12, 2010 by Charles Kuffner

In his recent conversation with the Chron’s Peggy Fikac, State Senate Finance Committee Chairman Steve Ogden said the following: Q: How likely is it that lawmakers will face another big budget shortfall in 2013, with fewer resources to bridge the … Continue reading →

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What passes for good budget news these days

Posted on March 11, 2010 by Charles Kuffner

Sales tax revenue didn’t decline as much as in previous months. In February, the state’s sales tax collections were down 8.8 percent compared with the same month a year earlier. Though still in the red, the February figure looked better … Continue reading →

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Sales taxes still sliding

Posted on January 9, 2010 by Charles Kuffner

Still no sign of a turnaround in many Texas cities. Municipal sales tax collections across Texas fell 11.4 percent in November, raising new economic worries amid signs of recovery in housing and other industries. The declines are discouraging to city … Continue reading →

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Cash for clunky appliances

Posted on January 5, 2010 by Charles Kuffner

I suppose at some point that “Cash for X” construction will get old, but until then, here come some more eeeeevil federal stimulus dollars, this time for trading in energy-hogging appliances. Many of the details of the plan are still … Continue reading →

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Strayhorn still talking about running

Posted on December 20, 2009 by Charles Kuffner

I almost don’t know what to say. Carole Keeton Strayhorn, who was twice elected comptroller as a Republican and then ran a losing gubernatorial campaign as an independent, called Democratic Party Chairman Boyd Richie on Tuesday to discuss seeking the … Continue reading →

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Villarreal files for re-election, not Comptroller

Posted on December 12, 2009 by Charles Kuffner

Not really a surprise, I guess. A shame, but not a surprise. State Rep. Mike Villarreal, D-San Antonio, will run for re-election next year instead of launching a statewide race for comptroller. The five-term legislator says allies encouraged him to … Continue reading →

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Villarreal considering run for Comptroller

Posted on December 9, 2009 by Charles Kuffner

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 →

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Carole the chameleon and Kinky the commissioner

Posted on December 5, 2009 by Charles Kuffner

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 →

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