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Home    Education    Legislative    Publications    Calendar    Sunbelt Builders Show    Resources May 13, 2010

Local governments get $567 million in sales tax revenue
Texas Insider    Share   Share on FacebookTwitterShare on LinkedinE-mail article
Texas Comptroller Susan Combs announced the state collected $1.68 billion in sales tax revenue in April, up 1.4 percent compared to April 2009. "This modest increase is welcome after 14 consecutive months of year-over-year declines," Combs said. "Retail trade saw a nearly 5 percent increase in collections, and gains also occurred in the manufacturing sector." More



Homebuilders learn law changes
The San Angelo Standard-Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Ever-changing legislation alters codes and procedures all builders must follow when constructing a house. Providing a refresher course for all the up-to-date changes, Scott Porter, an International Code Council-certified inspector, spoke to a room full of homebuilders, contractors and other partners in the construction industry at the monthly Home Builders Association luncheon. Porter focused on the recent changes homebuilders will experience with the sunsetting last September of the Texas Residential Construction Act and the commission that oversaw it. More

Romney will stump for Perry
The Austin American-Statesman First Reading Blog    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Former Massachusetts Gov. Mitt Romney will appear at a fundraiser and rally for Gov. Rick Perry on Wednesday in Houston. It's easy to see the benefit for both guys here. Perry gets a big name to draw out some donors. And Romney gets an audience with Texans who could help him raise money for his expected 2012 presidential campaign. Still, it's worth noting that these two don't exactly have a friendly past. More

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White calls on Perry to restore diverted jobs funds
The San Antonio Express-News Texas Politics Blog    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Democrat Bill White called on Gov. Rick Perry to return to the Texas Workforce Commission $161 million that was diverted to the Texas Enterprise Fund, the governor's prized job closing fund. White's campaign claims that money and the $550 million in unemployment stimulus funds rejected by Perry would have helped avoid a statewide doubling of the payroll taxes employers pay. More

2 surveys declare El Paso economy is poised for growth
El Paso Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
While the rest of the country was mired in a recession in 2009, El Paso remained steady compared with most other big cities. Two nationally known business giants, Forbes.com and the Brookings Institution, have concluded that El Paso's economy outperformed most major cities last year or that it is well-positioned to attract businesses. More

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Not buying it? Owners wonder if appraisal values have fallen enough
Fort Worth Business Press    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Property owners in Tarrant County may be in for a surprise. Tarrant Appraisal District mailed out the first round of property appraisal values on April 30 with waves of value notifications expected to continue for the coming weeks and local appraisal experts say to expect no change or little change from last year's values — surprising news to property owners who might have expected drastic value losses. More

Dallas ISD may go to voters for property tax hike
The Dallas Morning News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Grappling with declines in property taxes, meager reserves and the prospect of no pay raises next school year, Dallas ISD is considering asking voters to raise taxes for schools. Local property taxes largely fuel school budgets, and every penny added to DISD's tax rate would raise about $7.1 million, according to district budget documents. The tax rate is applied to the taxable value of property. More



Another battle brews at Alamo
The San Antonio Express-News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The Daughters of the Republic of Texas are under state scrutiny in their care of the Alamo as they begin their annual convention today in Houston. The Texas Historical Commission disagrees with updated plans for a new building at the rear of the state-owned grounds that have shifted from visitor amenities to library use, a function many feel could be moved off-site. More

Former construction company CEO pleads guilty to fraud conspiracy
KRGV-TV    Share    Share on
FacebookTwitterShare on LinkedinE-mail article
Former CEO of Sweezy Construction Inc., was convicted of conspiracy to commit bank fraud and bankruptcy fraud. That's according to the United States Attorney José Angel Moreno. Mitchell Kent Sweezy, formerly of Harlingen, pleaded guilty on Friday. In addition to bank fraud and bankruptcy fraud, the 58-year-old pleaded guilty to wire fraud and mail fraud. More

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Emerging oil rig evidence shows lack of regulation
The Associated Press via The Amarillo Globe-News    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The first firm evidence of what likely caused the disastrous Gulf of Mexico oil blowout — a devastating sequence of equipment failures — drives home a central unsettling point about America's oil industry: key safety features at tens of thousands of U.S. offshore rigs are barely regulated. Wednesday's hearings by congressional and administration panels — in Washington and in Louisiana — laid out a checklist of unseen breakdowns on largely unregulated aspects of well safety that appear to have contributed to the April 20 blowout: a leaky cement job, a loose hydraulic fitting, a dead battery. More

Report: Texas had 56 mass layoffs in first quarter
The Dallas Business Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
The State of Texas had 56 mass layoffs in the first quarter of this year, which resulted in 9,123 new unemployment claims, according to a new report from the U.S. Department of Labor. That is steeper than the fourth quarter of last year when only 41 mass layoffs were recorded. More


Police receive warning of flier
The Brownsville Herald    Share    Share on FacebookTwitterShare on LinkedinE-mail article
Local law enforcement agencies along the Texas-Mexico border have been warned to be vigilant this weekend for the possible outbreak of violence in Mexico, Brownsville police said. An intelligence bulletin seemingly issued by the Texas Department of Public Safety refers to a Spanish-language flier placed on a vehicle in Brownsville last week, which states, "May 15-17 would be one of the most violent weekends in all Mexico history" as two rival gangs are allegedly planning to battle. More

Should Texas expand gambling to balance budget?
KVUE-TV    Share    Share on FacebookTwitterShare on LinkedinE-mail
article
With the state of Texas facing perhaps an $18 billion budget gap, some prominent legislators say it's time to look at expanding gambling to raise more money. The billboards lure Texans north to Oklahoma or east to Louisiana gambling centers every day: Have fun and win big at casinos, they say. But Republican Gov. Rick Perry isn't along for the ride for more of it in the Lone Star State. "I'm not for expansion of gambling," he said. More

Get the latest Texas Association of Builders news as well as information affecting the building industry by visiting www.TexasBuilders.org. For information about Education, Exhibits and Special Events happening at the 2009 Sunbelt Builders Show™, visit www.SunbeltBuildersShow.com.

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