Wendy Burgess files for reelection as tax assessor-collector
Fort Worth Report
Wendy Burgess has filed for reelection as the Tarrant County tax assessor-collector. Burgess, a Republican, has served as the tax assessor-collector since 2019. The tax assessor-collector is responsible for calculating property tax rates, collecting property taxes and issuing car registrations and licenses.
Austin ISD to build affordable housing units for teachers
My San Antonio
A Central Texas school district is trying to combat the price of living for its staff in an unorthodox way. Teachers in the Austin area could soon be living in a home owned by their employer. Austin Independent School District is hiring a company to build nearly 500 affordable housing units for teachers and school district staff.
FDIC: Overdue Office Loans Are New Pain Point For Banks
Though the U.S. banking industry is still posting relatively strong net income as of the third quarter, past-due loans associated with CRE, especially office properties, represent a risk to the industry, Federal Deposit Insurance Corp. Chairman Martin Gruenberg said in a speech this week.
Billionaire Texan heir is helping bring back the woolly mammoth
A Texas oil heir's quest to make Dallas a hub for biotech is showing signs of paying off, potentially paving the way for scientific discoveries ranging from reviving the woolly mammoth to treatments for cancer. Lyda Hill, the 81-year-old granddaughter of wildcatter H.L. Hunt, has funneled millions of philanthropic and investment dollars into developing the industry in her hometown.