Texas Comptroller Transfers $3.3 Billion to State Highway, Rainy Day Funds

Austin — Texas Comptroller Glenn Hegar announced he recently completed the transfer of $3.33 billion into the State Highway Fund (SHF) and the Economic Stabilization Fund (ESF; commonly known as the “Rainy Day Fund”). Each fund received more than $1.66 billion, or 50 percent of the total transfer. The transfer amounts are based on crude oil and natural…

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