Economy

Lubbock has been recognized as a “Tourism Friendly Texas” Certified Community. The designation comes as local leaders weigh options for the future of Lubbock’s tourism with the Lubbock County Expo Center. Meanwhile, our Bishop Van Buren reports on Texas Tech's first game in the Big 12 conference softball tournament today.

With high prices at the grocery store, legislators across the middle of the country have moved away from sales taxes on food purchases.

With Lubbock ISD’s $290 million bond the only item on most Lubbock ballots in the May 3 election, many are considering the possible costs for taxpayers and the value of public schools in Lubbock’s economy. At the same time, questions of transparency and participation remain top of mind for district staff and community members alike.

The City of Lubbock has implemented a hiring freeze for all full-time non-public safety positions after a concerning report on sales taxes. City manager Jarrett Atkinson says it’s not just Lubbock, with similar reports in Texas cities like Midland and Abilene. While the hiring freeze could save the City of Lubbock more than $1.6 million, current expectations are mapping out a $4.8 million shortfall.

The U.S. trade war with China is coming at a tough time for American farmers, who are already dealing with lower crop prices and higher costs for farm necessities. Tariffs are likely to push crop prices further down, while increasing the costs for fertilizer and farm equipment.

Petroleum theft is a persistent problem in the state.

Cascarones, the confetti-filled eggshells popular during Easter and Fiesta celebrations, are traditionally made from empty eggshells. Despite soaring egg prices, Texas shoppers looking to stock up on the holiday staple won’t have to worry about paying more – at least not this year.

Texans are lining up to try and be the state’s next comptroller. This comes after Texas A&M University’s Board of Regents announced Friday that Texas Comptroller Glenn Hegar would be the university system's next chancellor.

This legislative session, Texas lawmakers are hoping to lower property taxes and increase funding for the state’s public schools. Meanwhile, local taxing entities say the state’s recent efforts to curb property taxes are making it harder for them to fund the services they provide.

Yesterday, Lubbock’s Mayor Mark McBrayer held the city’s 43rd State of the City Address, the first during his time as mayor. He spoke with various department leaders about topics like economic development, water, recreation, road construction, and public safety.