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News Releases

(AUSTIN) — Texas ranks fifth nationally in both dairy production and its dairy cow population, and the industry is growing rapidly despite recent challenges such as inclement weather and the COVID-19 pandemic. In the just-released June/July edition of Fiscal Notes , the Comptroller’s office examines the economic impact of Texas dairy farms. They account for a total economic impact of $50.3 billion in Texas, or nearly 3 percent of the gross state product. “Animals have a huge impact on our daily lives, from farm animals that provide food for our tables to pets that become part o...

(AUSTIN) — Outdoor recreation, called “nature tourism” by economists, has provided a reliable, socially distanced outlet for Texans navigating a locked-down world and proved once again that open space is a valuable asset for state and local economies. In the recently released May edition of Fiscal Notes, the Comptroller’s office examines the economic impact of nature tourism and the millions in government revenue for vital programs it provides. “Outdoor recreation is a big business in Texas,” Texas Comptroller Glenn Hegar said. “In 2019, this tourism and all the supporting act...

As Texans across the state continue to deal with the damage from the mid-February winter storm, so does the political fallout in Austin. So far, seven of the 16 board members of the Electric Reliability Council of Texas have resigned. CEO Bill Magness defended ERCOT’s decision to order widespread blackouts while testifying before a joint hearing of two state House committees last week. Meanwhile, the Public Utility Commission, which oversees ERCOT, says it has opened an investigation into retail electric providers whose flexible pricing plans inflicted electric bills in the thousands of dol...