2:59 PM Feb 25, 2021 CST

‘It’s been a rough year for us’: Expert explains economic effects of winter storm, ongoing pandemic in Houston region

“It's been a rough year for us economically; it's been a rough year for us public health wise. It's just been a rough year for us psychologically—first the coronavirus and then the freeze," said Patrick Jankowski, senior vice president of research with the Greater Houston Partnership.


Fry's Electronics calls it quits after nearly 36 years in business

As many as 31 stores across nine states will be shuttered as Fry's Electronics shuts down due to market changes and the pandemic.


Greater Houston area could see economic relief from pandemic around mid-2021, economist says

Emerging technology and alternative-energy sectors could help ease the blow of the downturn in Houston's oil and gas industry caused by the COVID-19 pandemic.



Cy-Fair companies brace for tighter government regulations as region's oil and gas industry slowly recovers from 2020 setbacks

Experts say while other industries are headed toward economic recovery, the region's oil and gas industry will likely lag behind.


New effort to track economic equity in Harris County

In it's first year, the department will focus on bringing more fairness to the county's contracting process, which could mean more work for minority- and women-owned firms.


U.S. Rep. Dan Crenshaw files oil and gas legislation in response to Biden executive order

If passed into law, the congressman's bill would override the president's order, according to a statement.


Pandemic-induced retail conveniences are here to stay, official says

According to Jazz Hamilton, first vice president with the Retail Brokerage Services group for CBRE, between January and November of 2020, consumers spent almost $550 billion online—a 33% increase from 2019.



Low inventory, interest rates influence Cy-Fair's real estate market throughout pandemic

While local home sales dipped in the spring, Cy-Fair’s market began to bounce back in June and ended up reaching about the same level of sales as the previous year.


Fighting on: Business owners adapt as pandemic wears on

Despite worsening trends in coronavirus cases, the start of vaccine ditribution has sparked optimism


Entities set tax rates ahead of new state law

Every fall, taxing entities across Texas plan their budgets for the coming fiscal year, a process that involves setting the tax rate based on how much money staff thinks the entity will need. A new state law going into effect Jan. 1 has complicated the process for cities, counties and taxing districts this year.


Jersey Village seeks to start major city projects

The city of Jersey Village plans to embark on several major capital projects over the next few years that city officials said are intended to refresh the city’s look and boost its reputation.



Imelda hovers over first public hearing on proposed Harris County tax rate increase

With Harris County commissioners poised to adopt the first tax rate increase the county has seen since 1996, court Democrats and Republicans remained at odds following the first public hearing on the proposed increase Sept. 20. In the wake of Tropical Depression Imelda, disaster recovery was also at the top of mind for people on both sides of the debate.


Cy-Fair ISD board approves lowering property tax rate for 2019-20

Correction: The original version of this post stated the maintenance and operations rate was $1.44 in 2018-19 and has since been updated to reflect the M&O rate was $1.04. 


Here is where Cy-Fair residents' property taxes go

Correction: An earlier version of the "Top Tax Rates" graphic listed tax rates in reverse order. The graphic has been updated with the correct tax rates for each year.


Texas shoppers to save millions during tax-free weekend, Aug. 9-11

Editor's note: This post has been updated to clarify the 8.25% sales tax charge refers to the state and local charges.




UPDATED: Cy-Fair ISD adopts $27.5 million deficit budget to raise employee salaries in 2019-20

Cy-Fair ISD’s board of trustees officially adopted a $992.3 million budget for the 2019-20 fiscal year Thursday, June 27. The budget includes a $27.5 million deficit, according to the district’s incoming Chief Financial Officer Karen Smith.


Cy-Fair ISD prepares for salary raises after state passes ‘historic’ school finance bill

After weeks of conversations between the Texas House and Senate, lawmakers reached a compromise on an $11.6 billion plan that will change the way public school districts, including Cy-Fair ISD, are funded statewide.


Increasing costs, competition lead to business closures in Cy-Fair

Correction: An earlier version of this story listed rental rates as per square foot per month. The actual rates are per square foot per year.



As state Legislature works to reform school finance, Cy-Fair ISD could adopt another deficit budget in 2019-20

Based on preliminary estimates, Cy-Fair ISD officials plan to adopt a $990 million budget next month for the 2019-20 fiscal year, including a $4 million budget deficit.


Texas shoppers pay no sales tax on emergency preparedness supplies this weekend, April 27-29

As hurricane season approaches in Texas, state Comptroller Glenn Hegar announced a statewide sales tax holiday this weekend, April 27-29, on emergency preparedness supplies.


Proposed legislation seeks to benefit craft brewery industry across the state

Craft breweries throughout Texas are restricted from selling their products for off-premises consumption as part of a law many in the industry describe as outdated and unfair, but a pair of bills introduced to the state Legislature this year could make substantial changes.


Greater Houston Partnership: energy industry stabilizing but will not drive job growth in Houston

Following two years of recovery in 2017 and 2018, job growth in Houston is expected to level off and remain stable for 2019, said Patrick Jankowski, senior vice president of research at the Greater Houston Partnership. Houston will see an increase of 71,000 jobs this year compared to 73,000 last year, Jankowski said.



State lawmakers seek to provide property tax relief

Correction: A previous version of this article incorrectly stated the homestead exemption currently offered in Jersey Village is 7 percent. The actual homestead exemption in Jersey Village is 8 percent.