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State Politics

Texas votes ‘yes’ for Prop 1

By an overwhelming majority, Texas voters decided in favor of Proposition 1, which would divert half of the annual oil and gas tax revenues from the Rainy Day Fund and to the State Highway Fund. This measure could see between $1.2 billion and $1.7 billion annually infused into the state transportation infrastructure for repair and maintenance for public roadways.

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State development fund needed to attract businesses, local officials say

After an audit found that the Texas Enterprise Fund, a state economic incentive program, has awarded millions in development funds without proper oversight, the program’s future seems uncertain. In Grayson County, where two major employers received awards from the the Enterprise Fund, local economic development professionals say the fund is still needed to bring in businesses.