Tribpedia: Texas Comptroller Of Public Accounts

The Texas Comptroller of Public Accounts is the state government's chief financial officer, serving as its highest-ranking tax collector, accountant, revenue estimator and treasurer. The comptroller is elected statewide and serves four-year terms.

The Comptroller's Office has more than 3,500 employees and 30 field offices across the state. Its website contains numerous resources for businesses and residents ...

Analysis: The Death of Taxes on Illegal Drugs in Texas

Sample tax stamps for controlled substances and "marihuana" available for sale until last year from the Texas Comptroller of Public Accounts.
Sample tax stamps for controlled substances and "marihuana" available for sale until last year from the Texas Comptroller of Public Accounts.

Until the most recent legislative session, the state had a tax on illegal drugs, adding tax evasion to the list of things that could put buyers and sellers into jail. Selling and buying those drugs remains illegal, but at least the transactions are tax-free.

State Comptroller Glenn Hegar says his revenue estimate to divvy up for the 2016-17 budget will be about $113 billion.
State Comptroller Glenn Hegar says his revenue estimate to divvy up for the 2016-17 budget will be about $113 billion.

Hegar Calls Moody's Dour Texas Budget Report "Unfounded"

Comptroller Glenn Hegar launched a torrent of criticism at Moody’s Investors Service on Thursday after the credit rating agency released a report suggesting a drilling slowdown could eat up a projected $4 billion state budget surplus by December.

One Texas economic program offers millions of dollars in incentives to draw in events such as Formula 1 racing.
One Texas economic program offers millions of dollars in incentives to draw in events such as Formula 1 racing.

Abbott's Office Touts Business Tax Incentives

Though Gov. Greg Abbott suggested government should get "out of the business of picking winners and losers” on the 2014 campaign trail, his office on Thursday expressed strong support for the litany of taxpayer-funded incentives Texas uses to lure in out-of-state businesses.

Gov. Greg Abbott is shown in November 2015 proposing reforms against "sanctuary cities" that he wants Texas lawmakers to consider in the 2017 legislative session.
Gov. Greg Abbott is shown in November 2015 proposing reforms against "sanctuary cities" that he wants Texas lawmakers to consider in the 2017 legislative session.

Analysis: Budget Battle Might Seem Boring, But Don't Doubt Its Impact

Some of the most important debates in government and politics are complicated — and boring. That gives the combatants some safety from voters who are preoccupied with battles that are easier to understand. Want an example? Look no further than the faceoff over state budget vetoes.

State Comptroller Glenn Hegar says his revenue estimate to divvy up for the 2016-17 budget will be about $113 billion.
State Comptroller Glenn Hegar says his revenue estimate to divvy up for the 2016-17 budget will be about $113 billion.

Hegar Lets Abbott Vetoes Stand, Asks AG to Decide

Comptroller Glenn Hegar announced Wednesday he will not authorize more than $200 million in funds approved by the Texas Legislature but vetoed by Gov. Greg Abbott as he waits for Attorney General Ken Paxton to settle the issue.

State Comptroller Glenn Hegar says his revenue estimate to divvy up for the 2016-17 budget will be about $113 billion.
State Comptroller Glenn Hegar says his revenue estimate to divvy up for the 2016-17 budget will be about $113 billion.

Rainy Day Fund Could Be Invested More Aggressively

The Texas Senate on Tuesday passed a measure granting Texas Comptroller Glenn Hegar more flexibility to invest a portion of the $8 billion in the state’s Rainy Day Fund, sending the bill to the governor's desk.

State Comptroller Glenn Hegar releases the revenue estimate on Jan. 12, 2015 to reporters and state officials the day before the legislative session.
State Comptroller Glenn Hegar releases the revenue estimate on Jan. 12, 2015 to reporters and state officials the day before the legislative session.

Hegar Suggests Shift in Rainy Day Fund Strategy

Comptroller Glenn Hegar is urging lawmakers to consider allowing his office to invest a portion of the Rainy Day Fund more aggressively, arguing that a greater return is worth the greater risk with the savings account.

Then-Gov. Rick Perry hoists the Formula One U.S. Grand Prix trophy on November 17, 2013, with Attorney General Greg Abbott watching on.
Then-Gov. Rick Perry hoists the Formula One U.S. Grand Prix trophy on November 17, 2013, with Attorney General Greg Abbott watching on.

Abbott, Hegar Propose Overhauling Events Fund Subsidies

Gov. Greg Abbott and Comptroller Glenn Hegar are calling for the Legislature to overhaul controversial taxpayer-funded programs used to lure sporting events to Texas and move them from the Comptroller to the Governor’s Office.

Former Texas Comptroller Susan Combs
Former Texas Comptroller Susan Combs

Analysis: Out of Office, but Not Finished With Politics

Former Comptroller Susan Combs, who is off the list of statewide elected officeholders for the first time since 1999, still has a sizable political treasury and a desire to make voters out of conservative Texans who don't pay attention to politics. She thinks the way to do that is to open a website and start contributing to candidates and causes she supports.

A natural gas compressor station located near La Grange, Texas, on Jan. 29, 2014.
A natural gas compressor station located near La Grange, Texas, on Jan. 29, 2014.

First Wind, Now Gas: Tax Breaks Face Scrutiny

UPDATED: After calling for an end to subsidies for wind energy production, the Texas comptroller has released a report studying Texas’ largest incentive for natural gas producers. The tax exemption for "high cost" gas has shaved more shaved more than $8 billion off operators’ tax bills since 2008.

Comptroller Susan Combs’ office recently researched the accuracy of tax revenue estimates going back 40 years.
Comptroller Susan Combs’ office recently researched the accuracy of tax revenue estimates going back 40 years.

Comptroller Study Shows Difficulty of Predicting Future

The comptroller's office recently researched the accuracy of its two-year revenue estimates going back 40 years and five comptrollers. Comptroller Susan Combs' 2011 forecast, which underestimated state revenue by billions of dollars, has become an issue in this year's race to replace her.

Keller ISD Superintendent Randy Reid spoke during an Aug. 11, 2014, town hall meeting, where attendees debated whether to put a $175 million bond up to Keller ISD voters in the general election.
Keller ISD Superintendent Randy Reid spoke during an Aug. 11, 2014, town hall meeting, where attendees debated whether to put a $175 million bond up to Keller ISD voters in the general election.

Series: Bypassed by the Miracle

Check out Bypassed by the Miracle, our seven-part series on the people and communities that have missed out on Texas' economic success or are finding that it comes at a price. You can also read our related Falling Behind and Hurting For Work series.

Leander ISD's Whitestone Elementary School, shown on Aug. 21, 2014, has six portable classrooms to help with increased student enrollment.  District officials say If the district couldn't use capital appreciation bonds to borrow money, it would have to put more students in portables.
Leander ISD's Whitestone Elementary School, shown on Aug. 21, 2014, has six portable classrooms to help with increased student enrollment. District officials say If the district couldn't use capital appreciation bonds to borrow money, it would have to put more students in portables.

Swelling Districts Find Costly Way to Grow Campuses

Leander and other fast-growing school districts have relied heavily on a controversial financing tool called capital appreciation bonds to borrow money to expand even as they bump up against state limits on school district debt.

Keller ISD Superintendent Randy Reid spoke during an Aug. 11, 2014, town hall meeting, where attendees debated whether to put a $175 million bond up to Keller ISD voters in the general election.
Keller ISD Superintendent Randy Reid spoke during an Aug. 11, 2014, town hall meeting, where attendees debated whether to put a $175 million bond up to Keller ISD voters in the general election.

Critics Charge Local Bond Elections Lack Transparency

Texas voters approve billions of dollars in new local debt each year. A growing group of critics argues that voters wouldn't be so agreeable if they were more clearly informed of the debt that's already owed in their name.