Video & Transcript Research : 'revenue calculation'

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MN

Minnesota 2025 1st Special Session

House Education Finance Committee 3/20/25

Education Finance

Transcript Highlights:
  • <00:16:32.959> The<00:16:33.199> calculations Compensatory revenue.
  • Inclusion of the meals forms for calculating revenue will go toward providing the stability.
  • Inclusion of the meals forms for calculating revenue will go toward providing the stability.
  • Meals forms for calculating revenue will go toward providing the stability.
  • And the calculation of the compensatory revenue for fiscal 26, this bill keeps compensatory revenue more
TX

Texas 89th 1st C.S.

Local Government Aug 1st, 2025

Local Government

Transcript Highlights:
  • One, what is the no-new-revenue rate, which is how much revenue do you collect?
  • So what we're talking about, ladies and gentlemen, is doing a simple calculation, and that calculation
  • Would you say your sales tax revenues are probably larger than your property tax revenues? No, sir.
  • And we did go up above the no new revenue rate, but this year we're planning for the no new revenue rate
  • million in revenue.
Bills: SB9
Summary: The Senate Committee on Local Government met to hear Senate Bill 9, which would lower the voter-approval tax rate for certain local taxing units from 3.5% to 2.5%. Sen. Bettencourt, the bill author, argued the change would continue the state’s property tax reforms begun in 2019, slow local levy growth, and give voters more say over larger tax increases. He and supporters cited data showing property tax levies have grown faster than population plus inflation, and said the bill would help protect taxpayers while preserving the state’s broader investments in school tax relief, water, rural law enforcement, and ambulance funding. Supporters included the Texas Taxpayers and Research Association, the Texas Association of Business, the Texas Public Policy Foundation, and the Texas Association of Manufacturers. They said the bill would improve transparency, encourage more disciplined budgeting, and create certainty for homeowners and businesses. They argued that lower tax-rate growth would help attract and retain employers and investment, and that voters would still be able to approve higher rates when needed. Local officials and other opponents said the bill would constrain cities and counties facing rapid growth, inflation, infrastructure needs, and public safety costs. Testimony from county judges, city finance officials, firefighters, and urban county representatives emphasized pressures from jail operations, roads, water, EMS, police and fire staffing, and unfunded mandates. Several witnesses asked for carve-outs or exemptions for public safety and disaster-related costs, warning that a one-size-fits-all cap could force service cuts or shift costs elsewhere. The committee heard extensive questioning but no final vote or disposition on the bill was taken in the portion provided.
TX

Texas 89th Regular

Ways & Means Apr 14th, 2025

Ways & Means

Transcript Highlights:
  • for 2024-2025 property tax revenue is $1,064,620 over the last year.
  • The statute then applies a calculated misspent hotel occupancy tax revenue rate to adjust the city's
  • Municipal hotel revenue may not be used for general government.
  • be treated in the voter-approved tax rate calculation.
  • House Bill 3118 relates to municipal hotel tax revenue.
TX

Texas 89th Regular

Economic Development May 21st, 2025

Economic Development

Transcript Highlights:
  • As a reminder, this bill ensures accountability for the use of municipal hotel occupancy tax revenues
Summary: The Senate Economic Development Committee heard and laid out several measures focused on school safety, Texas-Taiwan relations, defense manufacturing, business formation, hotel tax policy, and NASA relocation. HB 1851 would allow surplus DPS vehicles and law enforcement equipment to be transferred to school districts in economically disadvantaged areas for use by school police and security personnel, with a two-year resale restriction. HCR 127 expressed support for the Texas-Taiwan relationship and trade ties, HCR 118 supported expanding warship manufacturing in Texas, HCR 141 urged Congress to move NASA headquarters to Houston, HB 346 (with a committee substitute) revised business filing and fee authority while making permanent a franchise tax exemption for new veteran-owned businesses, HB 2974 was an omnibus hotel occupancy tax and qualified hotel project bill, and HB 5596 addressed accountability for municipal hotel occupancy tax revenues in coastal communities. Witnesses generally supported the measures, including the Texas Hotel and Lodging Association on HB 2974 and resource witnesses from the Texas Veterans Commission and Secretary of State on HB 346; no opposition testimony was registered on the laid-out bills. After public testimony, the committee took up pending business and adopted committee substitutes where applicable. HB 1851, HB 346, HB 2974, and HB 5596 were each reported favorably to the full Senate, with HB 346 and HB 2974 also recommended for the local and uncontested calendar. HCR 127 and HCR 118 were reported favorably as well, and HCR 127 and HCR 141 were likewise recommended for the local and uncontested calendar. The committee also reported HB 4320 favorably, though the transcript repeats that motion several times. The meeting ended with the committee standing in recess until 7:00 a.m. subject to the call of the chair.
TX
Transcript Highlights:
  • is sales tax revenue.
  • a consequence through the tax rate calculation.
  • The city receives 2% from hotel occupancy tax revenues. and 2% revenue tax to pay off the bond for the
  • In my seventh year on the council, I have never approved a budget because it was a no-revenue, non-revenue
  • That's outside the property tax limit calculation.
TX
Transcript Highlights:
  • One is the no-new-revenue rate, which is how much... ...revenue do you collect?
  • So what we're talking about, ladies and gentlemen, is doing a simple calculation. ...and that calculation
  • no new revenue rate.
  • 12 million in revenue.
  • Property taxes are 48% of our general revenue. Revenue sales tax is 27. Yes, it's a big chunk.
Bills: SB9, SB 9
TX

Texas 89th 2nd C.S.

Finance Aug 15th, 2025

Finance

Bills: SB2, SB3, SB5, SB9, SB10, SB14, SB16, SB34, SB18
Summary: The Senate Committee on Finance met in the second special session and considered a series of bills, mostly related to flood response, water infrastructure, taxation, school accountability, property fraud, and legislative procedure. Senator Zaffirini presented SB 18 on TCEQ permit exemptions for certain erosion, floodwater, and sediment control dams or reservoirs; Senator Perry presented SB 2 on flood relief preparedness, SB 14 on credit impact fees and water supply/conservation incentives, and SB 5 on Hill Country relief funding; Senator Bettencourt presented SB 3 on early warning flood sirens, SB 9 on replacing STAAR with three annual tests and strengthening A-F accountability, and SB 10 on lowering the rollback tax rate from 3.5% to 2.5%; Senator West presented SB 16 on property transaction ID requirements and new real property theft/fraud offenses; and Chair Huffman laid out SB 34, which changes legislative witness immunity rules from transactional immunity to testimonial immunity consistent with federal law. The committee also heard brief explanations that several bills were the same as versions previously passed by the Senate or committee, and there was limited public testimony, with no witnesses on most bills and only position cards on SB 16. Senator West raised a concern on SB 10 about a possible carve-out for police pay raises, but Senator Bettencourt said no change would be made at that time. For SB 34, Chair Huffman explained the bill would still allow compelled testimony before the legislature but would no longer provide blanket immunity, while preserving the right to counsel. The committee voted favorably on all bills considered. SB 18, SB 2, SB 14, SB 3, SB 16, SB 5, and SB 34 were reported out unanimously or near-unanimously, while SB 9 passed 10-1 and SB 10 passed 8-3. At the end of the meeting, Senator West requested to be shown voting nay on SB 9, and the chair granted unanimous consent. The committee then recessed subject to the call of the chair.
TX

Texas 89th 2nd C.S.

Ways & Means Mar 3rd, 2025

Ways & Means

Transcript Highlights:
  • So the revenue, when, when we do have an economic downturn, sales tax revenue is going to go down.
  • Value comes off of the tax roll, the no new revenue calculation or no new revenue tax rate calculation
  • It would automatically trigger an increase in the calculation for the no new revenue tax rate.
  • revenue to my county.
  • And in fact, in the tax calculation worksheets, when you take that value off the roll, the no new revenue
Bills: HB8, HB9, HJR1, HB 22
MN

Minnesota 2025-2026 Regular Session

House Taxes Committee 4/7/26

Taxes

Transcript Highlights:
  • sustainable revenue growth. Thank you. sustainable revenue growth. Thank you.
  • of Revenue to administer this. of Revenue to administer this.
  • Revenue.
  • It's in the revenue estimate. It's in the revenue estimate.
  • revenue source. revenue source. >> Mhm. >> Mhm. >> Mhm.
MN

Minnesota 2025-2026 Regular Session

House Education Finance Committee 3/12/26

Education Finance

Transcript Highlights:
  • A frozen local optional revenue A frozen local optional revenue allowance<00:27:08.400> means
  • revenue like the basic formula.
  • It is that local necessity revenue.
  • additional revenue on special education. additional revenue on special education.
  • I'm in seventh period... revenue time. There is inequity in revenue time.
MN

Minnesota 2025-2026 Regular Session

House Energy Finance and Policy Committee 3/10/26

Energy Finance and Policy

Transcript Highlights:
  • Certain cooperative electric associations to report annually the total revenue authorized by regulators
  • and the revenue actually collected from consumers.
  • understand how authorized revenues compare to what customers actually pay.
  • understand how authorized revenues compare to what customers actually pay.
  • And it totals them into what's called an approved revenue requirement.
Summary: The committee approved the March 5, 2026 minutes and then took up House File 3458, as amended, which would exempt tribes from utility exclusive rights and assigned service areas. The bill’s author and the Upper Sioux community chairman said the measure was prompted by a dispute over a solar project at the tribal casino and argued the issue is really about tribal sovereignty, not solar, citing tribal civil regulatory authority and prior court cases. The amendment A1 was adopted before testimony. Testimony was split. Chairman Kevin Jensel of the Upper Sioux community strongly supported the bill, saying the tribe should not be forced to follow utility service territories and that the state should correct a long-standing omission in law. Derek Mo of the Minnesota Rural Electric Association opposed the bill, warning it would undermine the regulatory compact, reliability, long-term planning, and financing for electric service, especially in tribal areas. Justin Johns of East Central Energy also opposed the bill, but emphasized that many cooperatives have productive tribal partnerships and said his co-op has worked successfully with the Mille Lacs Band on solar, resilience, and workforce efforts; he cautioned that removing service obligations could leave difficult-to-serve areas underinvested. Members discussed whether the Public Utilities Commission process already underway should be allowed to resolve the dispute and whether the bill’s scope could extend beyond the current solar issue. The chair responded that the bill was a legislative approach to a problem that had not been resolved and said the amendment addressed concerns about removing the obligation to serve. A roll call was requested, and the committee voted to re-refer House File 3458, as amended, to the General Register.
TX

Texas 89th Regular

Appropriations Apr 15th, 2025

Appropriations

Transcript Highlights:
  • I don't have a calculator in front of me.
  • ...can be used to offset and lower taxation by providing an additional stream of general revenue?
  • Of any single project calculated at the time of investment. That's one.
  • This approach ensures that a dedicated revenue stream exists outside the general revenue fund, preventing
  • into the general revenue fund from 70% to 50%.