State Highway and Rainy Day Funds gets $2.9 billion in funding

Texas Comptroller Glenn Hegar announced today he has completed the transfer of more than $2.91 billion into the State Highway Fund (SHF) and the Economic Stabilization Fund (ESF; commonly known as the “Rainy Day Fund”). Each fund received nearly $1.46 billion, or 50 percent of the total transfer. “The Rainy Day Fund and the State Highway Fund are key components of Texas’ longter...

Premium Content is available to subscribers only. Please login here to access content or go here to purchase a subscription.