NEWS
Texas Comptroller Glenn Hegar transfers $5.5 billion to state highway and Rainy Day funds

(AUSTIN) — Texas Comptroller Glenn Hegar announced today he has completed the transfer of about $5.48 billion into the State Highway Fund (SHF) and the Economic Stabilization Fund (ESF; commonly known as the “Rainy Day Fund”). Each fund received about $2.74 billion, or 50 percent of the total transfer.
“These transfers into the ESF and SHF show the Texas economy remains strong and well positioned for continued growth albeit at a much more moderate pace than what we have seen in recent years,” said Hegar. “Although inflation has come down from the historic levels reached during the current administration, uncertainty remains in the global economy as consumers continue to grapple with elevated prices on everything from groceries to home and auto insurance, and geopolitical instability persists.
“That uncertainty is why lawmakers have safeguarded the Texas Rainy Day Fund and continued to invest in our transportation infrastructure. A healthy ESF balance provides a critical cushion against any future bumps in the road and gives the Legislature increased flexibility as they convene to tackle the critical issues important to Texans.”
The combined $5.48 billion severance tax transfers to the ESF and SHF are based on crude oil and natural gas production tax revenues in excess of 1987 collections. If either tax generates more revenue than the 1987 threshold, an amount equal to 75 percent of the excess is transferred.
In November 2014, voters approved a constitutional amendment allocating at least half of these severance taxes to the ESF, with the remainder going to the SHF for use on non-toll highway construction, maintenance and right-of-way acquisition.
According to the Texas Constitution, the ESF and SHF transfers must occur within 90 days after the end of the fiscal year.
When fiscal 2024 ended on Aug. 31, the ESF balance was $21.02 billion. With the most recent transfers, the new ESF balance is about $23.96 billion, not accounting for currently outstanding spending authority of approximately $486 million. The balance in the ESF will change as agencies spend down this remaining appropriation authority and investment earnings are realized.
NEWS
Amon Carter Water Supply Corporation board sets meeting

The board of directors of the Amon Carter Lake Water Supply Corporation will meet at 6 p.m. at Carter Lake Baptist Church 4759 FM 1125.
Agenda items include an engineer’s presentation and resolution workshop with Daniel Deweber and Prairie Branch Properties.
NEWS
County preliminary values up 9.1%

By BARBARA GREEN
editor@bowienewsonline.com
Seeing your preliminary property values has the potential to make you cry, but coupled with rumors about homestead exemptions changed or eliminated has made the arrival even more dramatic.
Last week those preliminary property tax value notices began arriving in mailboxes across Montague County. Some 9,066 statements were sent out by the Montague County Tax Appraisal District along with 4,689 oil and gas notices by Pritchard and Abbott.
Overall county values went up 9% based on the preliminary values for 2025.
For many it was shock to open that envelope as values jumped in almost every taxing entity.
Read the full story in the Thursday Bowie News.
NEWS
Superintendent Enlow leaving Bowie ISD

After six years as superintendent of Bowie Independent School District and a total of 14 years in the district, Superintendent Blake Enlow announced his resignation on May 5, effective May 23.
In an email to district staff, Enlow said “Serving as your superintendent has been one of the most meaningful and rewarding chapters of my professional life…Together, we have faced challenges, celebrated successes and worked tirelessly to provide an excellent education for every student in our care.”
The superintendent continued the decision was not made lightly and stems from personal and professional considerations.
He anticipates the board will meet, possibly next week, to discuss a plan to begin a superintendent search.
Read the full story in the Thursday Bowie News.
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