Hegar transfers $7.3B to SFH, Rainy Day Funds

Texas Comptroller Glenn Hegar announced today he has completed the transfer of about $7.3 billion into the State Highway Fund (SHF) and the Economic Stabilization Fund (ESF; commonly known as the “Rainy Day Fund”). Each fund received nearly $3.64 billion, or 50 percent of the total transfer. “Texas’ strong economic recovery continues but inflation and supply chain issues coupl...

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