AM Update: Texas Primaries Finally Arrive, Fatal SMU Standoff, County...
Polls Open for 2012 Texas PrimariesAfter being pushed back repeatedly, the Texas primary elections are here.Voters in the Republican and Democratic primaries will nominate candidates for offices...
View ArticleTravis County Commissioners Voting On Tax Increase
Travis County Commissioners will vote today on a property tax increase. The proposed rate would increase from 48.55 cents to 50.01 cents per $100 of taxable value.The county says the new tax rate will...
View ArticleCommissioners Approve Tax Break to Lure Company to Austin
Travis County Commissioners voted four to one this morning in favor of providing economic incentives to HID Global. The company makes ID cards and key-card readers.HID Global is looking at building a...
View ArticleVisa Plans 800 New Jobs in Austin
Credit card company Visa says it will build a new IT center in Austin, bringing almost 800 jobs to the area within five years.Texas Governor Rick Perry announced the project this afternoon.Perry is...
View ArticleCouncil Approves $1.5M in Incentives for Visa
The Austin City Council unanimously approved a deal that offers the Visa credit card company about $1.5 million to bring almost 800 jobs to the area.The city’s received some criticism for offering big...
View ArticleIncentives for Business Scrutinized in Texas
The billions of dollars in incentives that Texas hands out to businesses each year are set to draw fresh scrutiny this week on the heels of a New York Times series that raised new questions about the...
View ArticleCalls for Reform of Incentive Programs Grow Louder
The Texas approach to doling out financial incentives to businesses faced fire on multiple fronts Tuesday, adding momentum to calls for broad reform of the state’s economic development programs.In the...
View ArticleCouncil OKs F1 Track Team’s Bid to Tap Texas Trust Fund
The promoters behind Austin’s Formula 1 racetrack may tap a state trust fund for more than F1. The Austin City Council authorized the team at the Circuit of the Americas (COTA) to act on the city’s...
View ArticleSurvey: Texas an 'Oasis' for Businesses, Austin Shows 'Overall Friendliness'
Texas has been courting businesses for some time now, attracting job creators and corporations to the state in droves.State and city officials have lured corporations in with sales tax incentives....
View ArticleAustin’s Economic Incentive Payments: $19 Million & Counting
Austin got a look at the return on its investments Thursday. The city currently has 11 active economic incentive agreements in place – deals with companies like Visa and Apple stipulating that as long...
View ArticleBill Lets College Football Playoffs Tap Major Events Trust Fund
Public subsidies could attract college football playoffs to Texas.A public hearing will be held Thursday on a bill that would modify the language of the major event trust fund to include the National...
View ArticleAt the Capitol: Three Bills Gov. Perry Should Be Watching Today
Three bills related to Gov. Rick Perry are getting a vetting today.The Texas Senate is set to hear two bills scrutinizing the use of money from the Texas Enterprise Fund. The Texas Enterprise Fund is...
View ArticleFive Smaller, Stranger Events That Tapped Texas' Events Trust Fund
Texas’ official motto is “friendship.” And the state’s long drawn on its welcoming ways to attract tourism and convention crowds from all over.One example of Texas hospitality is its event trust funds:...
View ArticleHow Many 'Austin Bashing' Bills Made It Out of the Lege? (Update)
Update: The legislative session adjourns Monday– and Austin City Council members can breathe a collective sigh of relief.All of the bills below disappeared into the legislative black hole – that is,...
View ArticleAM Update: Texas Primaries Finally Arrive, Fatal SMU Standoff, County...
Polls Open for 2012 Texas PrimariesAfter being pushed back repeatedly, the Texas primary elections are here.Voters in the Republican and Democratic primaries will nominate candidates for offices...
View ArticleTravis County Commissioners Voting On Tax Increase
Travis County Commissioners will vote today on a property tax increase. The proposed rate would increase from 48.55 cents to 50.01 cents per $100 of taxable value.The county says the new tax rate will...
View ArticleCommissioners Approve Tax Break to Lure Company to Austin
Travis County Commissioners voted four to one this morning in favor of providing economic incentives to HID Global. The company makes ID cards and key-card readers.HID Global is looking at building a...
View ArticleVisa Plans 800 New Jobs in Austin
Credit card company Visa says it will build a new IT center in Austin, bringing almost 800 jobs to the area within five years.Texas Governor Rick Perry announced the project this afternoon.Perry is...
View ArticleCouncil Approves $1.5M in Incentives for Visa
The Austin City Council unanimously approved a deal that offers the Visa credit card company about $1.5 million to bring almost 800 jobs to the area.The city’s received some criticism for offering big...
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