HomeTagRainy Day Fund | The Texan

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87th Legislature Energy Taxes & Spending Transportation2021 Contribution to Texas’ Rainy Day Fund Much Lower than Last Year

Brad JohnsonNovember 25, 2020

Due to depressed oil and gas production tax collections, this year's state savings account transfer was 30 percent less than last year.

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Statewide News Taxes & SpendingComptroller Numbers Show May Sales Tax Revenue Down 13.2 Percent from 2019

Brad JohnsonJune 1, 2020

Business closures and stay-home orders have caused Texas' consumption tax revenues to drop significantly. This May, compared to last, brought in $345 million fewer in sales tax revenues.

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