1:15 PM CDT

League City sales tax revenue for May rebounds

It appears League City's fiscal year 2020-21 budget will not face as dire a shortfall as officials originally expected.



Applications open soon for Harris County's $30 million small business assistance program

Eligible small businesses may receive a grant of up to $25,000 to cover payroll costs, rent and other operating expenses.



Comptroller: Texas June sales tax revenue totaled $2.7 billion, down 6.5% from a year ago

The Texas comptroller's office has released June sales tax revenue figures.


Experts: National visa suspension could affect workforce in top Houston-area industries

The June visa suspension includes skilled foreign workers associated with various fields, such as energy, technology, medicine and academics.


Harris County health director: Health, safety must be prioritized when reopening businesses

“Unfortunately, we have a lot of real concern about people not heeding the message of the importance of … masks and face coverings and all the different things people need to do," said Umair Shah, executive director of Harris County Public Health.


Work search requirement paused for Texans on unemployment benefits

Texans receiving unemployment benefits will have a little extra time before they have to prove they are actively looking for work to continue receiving state assistance.


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More than 30 Texas bars sue over Gov. Greg Abbott's recent shutdown order

The lawsuit was filed in Travis County District Court by Jared Woodfill, a Houston attorney who has led previous legal efforts opposing Abbott’s other shutdown orders during the pandemic.


New task force to address Houston-area housing crisis in wake of COVID-19

Harris County and the city of Houston have launched a joint task force designed to address a local housing crisis brought on by the COVID-19 pandemic and an energy industry downturn.


Q&A: ApartmentData.com president talks ramifications of COVID-19 on Greater Houston-area housing

Overall, McClenny said rental prices, occupancy rates and leasing activity are down across the board in the Greater Houston area, which is atypical for this time of year.


Expert: International economic downturn to weigh on Greater Houston's economy’s ability to recover

The U.S. lost over 22 million jobs the first two months of the recession declared in February by the National Bureau of Economic Research, and about 330,000 of those jobs were in the Houston-area energy sector.



Texans on unemployment benefits will soon be required to apply for new work, state says

Unemployment recipients will have to start documenting their efforts to find a new job July 6, with the first reports due July 19.


League City collects more sales tax revenue from April than projected

League City collected far more in sales tax revenue in April than officials had predicted, according to Texas comptroller data.


Texas COVID Relief Fund application opens

Eligible nonprofits and government entities may apply for funding.


Facing budget shortfall, League City officials still plan to lower tax rate

Despite the effects of the coronavirus pandemic on local businesses and government, League City still plans to lower the property tax rate in fiscal year 2020-21.



Texas comptroller predicts slow, steady economic turnaround post-pandemic

Texas Comptroller Glenn Hegar said the state entered the era of the coronavirus in a healthy financial situation, which bodes well for the future as reopening continues, but that Texans are not out of the woods yet.


Texas schools may begin hosting sports workouts, band practices June 8

The University Interscholastic League released guidelines for allowing sports workouts and marching bands to practice.


Greater Houston area sees record-breaking unemployment rate in April at 14.2%

The previous high for the Greater Houston area's unemployment rate was set in January 2010 at 8.7%.


Harris County unanimously votes to increase homestead exemptions for seniors, the disabled

Harris County homeowners who are age 65 or older or who have disabilities can expect property tax relief this year in the form of expanded property tax exemptions.



Budget cuts slated for Texas state agencies, higher education institutions in 2020-21 biennium

Texas state agencies and institutions of higher education to expect a 5% reduction in budget plans for the 2020-21 biennium as part of the state's response to the economic ramifications of the ongoing coronavirus pandemic.


METRO sales tax revenue could see over $100 million hit in fiscal year 2020-21

The agency expects to use at least $180 million in CARES Act grant funds to cover revenue losses.


State, federal officials offer resources, advice for Texas small business owners

“Small businesses are having to pivot, and we are seeing that. We are having businesses that had one business model that had to change," said Adriana Cruz, executive director for economic development and tourism in the Office of the Texas Governor.


Texas has doled out $6.4B in unemployment benefits, projects state fund to run out by end of May

Officials anticipate drawing from federal funds to ensure no delays in benefit payments.



Plano-based J.C. Penney files for bankruptcy protection as store closure announcements loom

Plano-based J.C. Penney filed for bankruptcy protection May 15, a move the company said would help it navigate the difficult business climate during the ongoing coronavirus pandemic.


Nationwide sales of retail, food services plummet in March, April amid social distancing, stay-at-home orders

As many businesses are operating on decreased capacities or have shut down completely, one side effect is a dip in monthly sales for retail and food services.