Connect with us

Austin, TX

The Governor of Texas' Net Worth is Much Higher than His Annual Salary

Published

on

The Governor of Texas' Net Worth is Much Higher than His Annual Salary


Today Greg Abbott may run the Lone Star State from Austin, TX, but life began for the Texas-born governor in Wichita Falls in 1957.

Before becoming the 48th governor of Texas, Abbott was the longest-serving Attorney General of Texas. He graduated from the University of Texas at Austin and earned a law degree from Vanderbilt University. Abbott is just the third governor in U.S. history to be confined to a wheelchair, and first in Texas. Governor Abbott was paralyzed by a falling tree while jogging soon after he graduated from college.

Named “Best Governor in the Nation” in 2020, Governor Greg Abbott is building upon his record as a strong conservative leader who fights to preserve Texas values and ensure the Lone Star State remains the best place to live, work, and raise a family, this according to Texas.gov.

Abbott has been governor of Texas since 2015.

Most recently he defeated Beto O’Rourke, winning his third term in November 2022. His annual governor’s salary is a nice chunk of dough, especially when compared to what many Texans earn each year, however it is just a piece of this Texan’s networth.

As governor of Texas, Abbott earns just over $153,000 annually, this is the 21st highest among the 50 states. For additional context, “the typical state governor earns between $147,000 and $150,000. Meanwhile, the overall cost of living in Texas is estimated to be about 0.5% lower than the national average.”

Advertisement

It’s reported that the highest salary currently for a governor is New York Governor Kathy Hochul at $225,000. Maine Governor, Janet Mills, and Puerto Rico’s Pedro Pierluisi are paid the least at $70,000 each.

What is Governor Abbott’s net worth?

Well, depending where you check it jumps around, but it would appear that his net worth is right around $14 million. This is from “both from his professional career and $7.8 million from the lawsuit related to his 1984 accident.”

Be Aware of 5 New Texas Laws That Go Into Effect January 1, 2024

New Texas laws going into effect in 2024 address a wide range of topics.

Gallery Credit: unsplash.com

4 Texas Cities Expected to Have Home Prices Drop in 2024

Here is a look at which cities in Texas are expected to have home prices decrease in 2024.

Advertisement

Gallery Credit: Billy Jenkins





Source link

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Austin, TX

Environmental experts say Texas data centers come with uncertainty

Published

on

Environmental experts say Texas data centers come with uncertainty


The main switchyard at a Midlothian power plant. The federal government is sending Texas more than $60 million to strengthen the state’s power grid. Credit: Shelby Tauber for The Texas Tribune

Texas is home to approximately 400 data centers — some currently operational, others still under construction and a number that are still in the planning stages. Experts say the boom comes with a lot of uncertainty.

Texas data center power demand

Advertisement

What they’re saying:

“Data centers are a relatively large power demand in a small area, something like, you know, 100 or 200 megawatts of power. That’s more than a small city or a small town would be consuming itself,” said Carey King, a research scientist with the Energy Institute at the University of Texas at Austin.

Over the past year, the Electric Reliability Council of Texas has received more than 200 gigawatts worth of large load interconnection requests, approximately 73% of which are from data centers. That has led to questions about whether the state’s grid is up to the task of supplying power to the facilities.

Advertisement

“Many of us who suffered through winter storm Uri still have PTSD over, you know, fears that the grid won’t be able to meet demand,” said Luke Metzger, the executive director of Environment Texas, a local nonprofit working to safeguard the state’s natural environment.

Question of infrastructure

That’s not the only question. King points out that there is also a question of whether all the proposed data centers will actually be built. He says if they don’t end up materializing, it could spell trouble for anyone making investment decisions based on the projections. And if infrastructure is built to accommodate the needs of projects that never come to fruition, those costs could be passed off to consumers in the form of higher rates.

Advertisement

Experts say these speculative data center projects have led to uncertainty around how much power will actually be needed to meet the demands of the state’s data centers.

Senate Bill 6, which was signed into law last June, outlined new requirements for data center projects, including stipulating that data centers put up more capital up front for things like transmission studies and interconnection fees. The bill is, in part, intended to reduce some of that uncertainty around speculative power loads.

Advertisement

Potential environmental impact

But concerns still remain around the potential environmental impact of the state’s data centers.

“There are an estimated 130 new gas-powered power plants that have been proposed for Texas, in part to meet this demand for data centers, and if they’re all built, that’s going to have as much climate pollution as 27 million cars,” said Metzger.

Advertisement

Above all, Metzger says the biggest uncertainty is water, as there is no central entity in the state that collects and compiles information on those needs.

On average, a single data center consumes millions of gallons of water annually, according to researchers with the University of Michigan. Metzger says that’s of particular concern here in Texas, where water supply is already being pushed to its limits.

“Texas is a very drought-prone state, and already, you know, you know, according to the Water Development Board, you know, we don’t have enough supply to meet demand,” said Metzger. “There is no way to make more water. And so, I think ultimately, you know that that could be the greatest concern for the state.”

Advertisement

Over the past year, residents across Central Texas have spoken out about data centers in places like Round Rock and Taylor, citing additional concerns including falling property values, noise, and health impacts.

What’s next:

Advertisement

Moving forward, experts recommend that local leaders undergo long-range planning to determine whether they’re able to allocate limited resources to data centers in the long run prior to approving these projects.

The Source: Information in this article comes from FOX 7 interviews with experts. 

TexasTechnologyEnvironment
Advertisement



Source link

Continue Reading

Austin, TX

Silver Alert issued for missing 73-year-old man in Austin

Published

on

Silver Alert issued for missing 73-year-old man in Austin


The Texas Department of Public Safety has issued a Silver Alert for an elderly man who has been missing since Friday afternoon in Austin.

The Austin Police Department is looking for Charles Evans, a 73-year-old man diagnosed with a cognitive impairment. Evans was last seen at 5:37 p.m. on Jan. 9 in Austin.

Silver Alert issued for missing 73-year-old man in Austin

ALSO| Students recount emotional toll of Leander High School possible bomb threat lockdown

Advertisement

Police describe him as a 6’3″ tall white male, weighing 225 pounds, has gray hair, hazel eyes, and who uses a walker.

Law enforcement officials believe his disappearance poses a credible threat to his health and safety.

Anyone with information regarding his whereabouts is urged to contact the Austin Police Department at 512-974-5000.



Source link

Advertisement
Continue Reading

Austin, TX

Man arrested, charged for deadly shooting at downtown Austin hotel

Published

on

Man arrested, charged for deadly shooting at downtown Austin hotel


A 20-year-old was arrested and charged with murder for a deadly shooting at the Cambria Hotel in downtown Austin, police said.

What we know:

Advertisement

Police said on Monday, Jan. 5, around 6:55 a.m., officers responded to a report of a gunshot at the Cambria Hotel at 68 East Avenue #824. The caller said a person had been shot.

When officers arrived, they found a man with injuries. He later died at the scene. He was identified as Luke Bradburn.

The investigation revealed that Bradburn drove and crashed a car that belonged to 20-year-old Maximillian Salinas. After the crash, Bradburn and the other people in the car left and went to the Cambria Hotel. 

Advertisement

Salinas went to the hotel and shot Bradburn.

On Jan. 6, Salinas was arrested and charged with murder.

Advertisement

Anyone with information is asked to contact the Austin Police at 512-974-TIPS. You may submit your tip anonymously through the Capital Area Crime Stoppers Program by visiting austincrimestoppers.org or calling 512-472-8477.

The Source: Information from the Austin Police Department

DowntownCrime and Public Safety
Advertisement



Source link

Continue Reading

Trending