TTARA’s Dale Craymer reviews current economic conditions nationally and in Texas, as well as the outlook for the next few years. In addition, we’ll analyze the Comptroller’s recent revisions to the revenue outlook and assess what the fiscal situation will be when lawmakers return in January 2021 for the state’s 87th Legislative session.

In 2006, Texas lawmakers faced a mandatory order from the courts to revamp our system of school finance coupled with growing concerns about the stability of the franchise tax as a source of state revenue. A number of alternatives to the franchise tax were considered and discarded, leaving then-Governor Perry to tap former state comptroller…

  The PowerPoint presentation can be downloaded by clicking the red “PowerPoint Presentation” button above. Agenda: 1.Dates of Interest 2.Revenue and Budget Update 3.Public Education and School Finance 4.Property Tax 5.Sales Tax 6.Franchise Tax

With the winding down of the ARB Season, local taxing units are establishing the other 50% of the property tax equation. SB 2 had some significant changes to the budget and tax rate setting process that go into effect this year. During this webinar we provide an Overview of the Budgeting and Tax Rate Setting…