Tag Archives: sales taxes

Metro sets the schedule

Metro will take some time and get some feedback before settling on the language for its November referendum. Metro Chairman Gilbert Garcia on Thursday laid out for the board what he called a “tight time frame” for a possible November … Continue reading

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Amazon starts collecting sales tax today

We are in a new era. Beginning Sunday, Texans will see state and local sales taxes show up on their taxable Amazon purchases — the result of a deal with the state comptroller’s office that resolved the e-commerce giant’s past … Continue reading

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For spending Metro’s sales tax revenue on transit

A list of contributors almost as long as the University Line will hopefully someday be wrote a Sunday op-ed in favor of giving Metro more money for transit. Unfortunately, not all of the money that we voted for back in … Continue reading

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Your vote on the Metro referendum may not matter

Unless of course you vote the way the developers want you to vote, in which case it’s all good. In an interview prior to Monday’s meeting, Joshua Sanders, the acting executive director of Houstonians for Responsible Growth, said the group … Continue reading

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Why the small cities like the GMP as is

The GMP is Metro’s General Mobility Program, which distributes funds for road projects to Houston, Harris County, and the smaller Metro member cities. The smaller cities like it as it is, don’t want any changes made to it, and claim … Continue reading

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Revenues rise, but reality recognition doesn’t

Good news and bad news, because we can’t have one without the other. The latest bit of positive fiscal news came Tuesday when the state comptroller released numbers showing that business tax collections in Texas had exceeded projections. Comptroller Susan … Continue reading

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Today is budget day

The Chron has some questions about the Mayor’s proposed budget. I think the last question is the key one. What happens if the $34 million in additional property tax and $32 million in new sales taxes forecast by the city … Continue reading

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Metro floats compromise on mobility funds

As we know, Metro is preparing for a referendum this fall on the status of the general mobility fund, which is one fourth of the sales tax revenue Metro collects and which goes to Metro member cities for road projects. … Continue reading

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The Mayor’s 2013 budget

What a difference a year – and better sales tax receipts and a better real estate market – makes. Mayor Parker has unveiled her budget for the 2012-2013 fiscal year, and it promises no service cuts, no layoffs, and no … Continue reading

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Is the Amazon deal with the state legal?

The Statesman raises a great question about the settlement deal between Amazon and the state of Texas that will get the online retailer to start collecting sales taxes in Texas while forgiving back taxes the state says it owes. But … Continue reading

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Can we please call a critic a critic?

Metro had a public meeting on Thursday to address the question of the diversion of transit funds to cities for road projects, which is expected to be a referendum topic this fall. The Chron has a story about the meeting … Continue reading

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Metro comes to a fork in the road

Which way will they go? It’s up to them, and it’s up to us. The Metropolitan Transit Authority is preparing for a referendum, likely to be on the November ballot, asking voters to decide whether to put millions more of … Continue reading

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Amazon settles up with Texas

Good. Amazon.com will start collecting sales taxes from Texas customers this summer and agreed to make capital investments of $200 million and create 2,500 jobs in the state over the next four years, Comptroller Susan Combs announced this morning. In … Continue reading

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Our long Amazonian nightmare may finally be over

Negotiations are in progress to get Amazon to pay something like its fair share. Amazon.com is negotiating with the state to start paying Texas sales taxes on online sales and to create some jobs in the state, reviving talks that … Continue reading

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Houston area transit preferences in 2012

The 2012 Houston Area Survey is in the can, and though the data has not been published to their website yet, there have been a few preview tidbits tossed out to whet everyone’s appetite. One of them has to do … Continue reading

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Better budget news

For the city. The city of Houston may have $21 million more in income in the coming fiscal year than it had planned on before Wednesday. That’s when it got the news that the Harris County Appraisal District projects that … Continue reading

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Property tax revenues still a year away

Getting better, but not quite there yet. Local governments should not expect an influx of property taxes to solve their budget woes this year, Harris County Appraisal District officials said Tuesday. Assistant Chief Appraiser Guy Griscom estimated the countywide tax … Continue reading

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Let’s party like it’s 2007!

Good news: The improving economy and steadily increasing sales tax receipts may mean that we won’t have another budget apocalypse in 2013. Bad news: The Republicans in the Lege will use this as an excuse to avoid fixing the state’s … Continue reading

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Thinking outside the box on the city’s finances

We’ve seen the ideas generated by the Long Term Financial Management Task Force, which I thought lacked a certain amount of breadth to its perspective. Here’s a taste of what else might be out there to think about. Good Jobs … Continue reading

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Area job growth in 2012

We’ve seen a prediction for job growth in Texas for this year, now here’s some soothsaying about job growth in the Houston area for the year. The Greater Houston Partnership predicts the Houston area will add 84,600 jobs this year. … Continue reading

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City budget outlook

Last year was a lousy budget year for the city of Houston. This year will be better, if only because it really can’t be much worse, but that doesn’t mean it’s going to be good. Kelly Dowe, the mayor’s finance … Continue reading

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Thinking long term about the city’s finances

If you didn’t have to worry about practicality or implementation issues, what ideas would you have about improving the city’s long term financial health? That in a nutshell is the mission of the Long-Range Financial Management Task Force that was … Continue reading

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State revenues inching up

A little bit of good news. State coffers will be bit plumper than previously expected, Comptroller Susan Combs announced Monday, but her outlook for the Texas economy is less optimistic. Texas is estimated to collect $1.6 billion more than was … Continue reading

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On cities and counties

I’m really getting tired of all this BS. Smarting from a $353,000 bill for the Reliant complex under the city of Houston’s new drainage fee, Harris County Commissioners Court on Tuesday discussed seeking legislation to let it keep city sales … Continue reading

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Don’t expect the next budget to be any better than this one

Continuing a theme I’ve harped on here, if state legislators thought that they solved Texas’ budget issues this year they are sadly mistaken. Some experts say Texas tax revenues must zoom far above forecasts, if we’re to escape another miserable … Continue reading

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Amazon cuts a deal with California

Interesting. Amazon.com cut a tentative deal with legislative leaders Wednesday night that would allow it to postpone collecting sales taxes from Californians for another year. The company in turn would drop its battle to overturn the state’s new law that … Continue reading

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It’s news but it’s not new

Before the Labor Day weekend, Sen. Dan Patrick said something that was considered to be newsworthy even though he and others have been saying it for years. A Republican state senator calling for a tax increase is clearly in the … Continue reading

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Talking about the T word

Scott McCown brings up the subject of taxes but leaves it short of where to go from here. If a stronger economy, honest budgeting and pitting priorities against each other aren’t the answer, what is? Texas must modestly increase taxes. … Continue reading

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Amazon to push for ballot initiative in California

I believe we are entering “last refuge of the scoundrel” territory here. Amazon said [last] Monday that it would back a California ballot initiative that would roll back a new state law that forces more online retailers to collect sales … Continue reading

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Amazon versus California

It’s getting real in the Golden State. Saying it won’t force California customers to pay sales tax on their Internet purchases, Amazon.com is severing ties with 10,000 small businesses and individuals here who funnel shoppers to the online bazaar through … Continue reading

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News flash: The Amazon sales tax problem requires a federal solution

How many times do we have to say it? State governments across the country are laying off teachers, closing public libraries and parks, and reducing health care services, but there is one place they could get $23 billion if they … Continue reading

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City passes its budget

It wasn’t much different than the Mayor’s original proposal. The overall spending plan totals $4 billion, including $1.8 billion from the tax- and fee-supported general fund. The remaining $2.2 billion involves the city’s enterprise funds, such as the airport and … Continue reading

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Senate not inclined to accept Amazon’s bribe

Good for them. It looks like the Texas Legislature is likely to say no — at least for now — to Amazon.com’s proposal to bring 5,000 jobs to the state in exchange for a temporary break on collecting sales tax. … Continue reading

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Amazon offering a bribe to keep its sales tax exemption

Well, what would you call this? Amazon.com is negotiating a deal with Texas officials that would see the online retail giant promise to bring more than 5,000 jobs and $300 million in capital investments to the state over the next … Continue reading

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