Texas Comptroller Glenn Hegar told lawmakers Monday they need to set aside $211 million in the next biennium to cover a projected shortfall in the state’s original prepaid tuition plan, the first time the financially ailing program is expected to see its assets drop below zero.

Despite a decline in oil and gas prices, the Texas economy is still growing and state revenue is increasing, Texas’ top accountant announced Monday. Texas Comptroller Glenn Hegar estimated that lawmakers returning to the Capitol on Tuesday will have as much as $119.1 billion in revenue available for general-purpose spending in the 2020-21 budget. That’s…

AUSTIN — Texas faces four problematic long-term financial obligations, according to the state comptroller, and waiting to address them will only hurt more.

The Texas Comptroller’s office recently raised its revenue estimate by nearly $3 billion, but the Legislative Budget Board is warning state agencies not to ask for more money than they got last time