State Comptroller Glenn Hegar offered a sobering reassessment of the state’s fiscal condition in light of the challenges Texas faces with the COVID pandemic – a net $7.5 billion turn for the worse, with the state’s current budget now $4.6 billion in the red. Overall, he reduced his state revenue projection by $14.7 billion, of…

In this issue TTARA Joins with COST: Asks Texas Supreme Court to Take Up Sirius XM Dispute Comptroller Expected to Offer Revised Revenue Outlook Monday TTARA 2020 Annual Meeting Going Virtual – December 8 & 9 Webcast July 23: An Overview of Local Gov’t Budgeting & Tax Rate Setting Process TTARA Joins with COST: Asks…

Out of continuing public health concerns, we have decided it would be prudent to cancel our Dallas and Houston luncheons, which we had hoped to have in September. However, we will continue to provide a number of virtual events, including those with legislators, so you can stay connected with the latest tax and fiscal developments….

In this issue TTARA Releases Tax Burden Study Please Complete Our Membership Event Survey ICYMI: Recordings of Our Latest Webcasts Are Available Online TTARA Releases Tax Burden Study TTARA periodically assesses how state and local tax burdens fall on both individuals and businesses. This past week we released our most recent assessment, The Highs and Lows…

As discussed in our webcast today, the much-anticipated final version of revised Rule 3.334 concerning local sales and use taxes will be published in tomorrow’s May 22 edition of the Texas Register. We have previously reported and commented on the rule revision as it has progressed through the adoption process, including: October 30 release of a draft proposal,…