Gov. Greg Abbott and Houston Mayor Sylvester Turner announced at a Sept. 29 press conference that the state will tap into its “rainy day fund” to help pay for Hurricane Harvey recovery.
The state provided $50 million to Houston for its short-term recovery costs, which prompted Turner to drop his request for a temporary property tax hike.
“Because of what you have been given today,” Turner said to Abbott, “there will be no need for me to (ask Houston City Council for the tax hike), and…
Houston Biz Journal
Turner drops proposal for tax hike after state provides M for Harvey recovery