Saturday, May 18, 2013

Latest local news, weather and high school sports from Amarillo

Austin legislative hearing on Texas budget woes
Posted: 05.11.2010 at 10:54 AM
0
Photo

AUSTIN, Texas (AP) - A budget writer says Texas sales tax receipts in April rose by 1.4 percent over the same month last year.

But State Rep. Jim Pitts of Waxahachie says state revenues remain "well short" of predictions.

An update was expected Tuesday at an Appropriations Committee hearing in Austin.

The state comptroller's office says collections in the first eight months of the current fiscal year are nearly $1.5 billion, or almost 12 percent, behind fiscal 2009.

Pitts said the hole is too deep to meet targets for the budget year that ends Aug. 31.

Members of the House Ways and Means committee in April reviewed tax exemptions as legislators who will convene in 2011 prepare for an estimated budget shortfall of at least $11 billion.

---

Information from: The Dallas Morning News

(Copyright 2010 by The Associated Press. All Rights Reserved.)
Popular Stories
Thumbnail
Pronews 7 hopes to give away Powerball jackpot
Friday, May 17, 2013  |  25 comments
Thumbnail
Discovery Center hosts After Dark series for adults
Andrea Flores  |  Friday, May 17, 2013
Homer's Backyard Ball kicks off
Lindsey Stiner  |  Friday, May 17, 2013
Follow Connect Amarillo
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
Featured Sponsors
Valuable information from our experts
Money Talks
Get money tips from expert Stacy Johnson
Medical Breakthroughs
Medical daily news
ADVERTISEMENT