Texas Comptroller Glenn Hegar announces transfer of $7.3 billion to State Highway and Rainy Day Funds

AUSTIN- 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 infl ation and supply ch...