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'''Glenn Allen Hegar, Jr.''' (born November 25, 1970), is the [[Texas]] Comptroller of Public Accounts. A [[Republican Party|Republican]], he was first elected to the office in November 2014 and won re-election in 2018 and 2022. In 2025, Hegar announced that he was leaving the comptroller's position to become chancellor of the [[Texas A&M University]] System.

'''Glenn Allen Hegar, Jr.''' (born November 25, 1970), is the former [[Texas]] Comptroller of Public Accounts. A [[Republican Party|Republican]], he was first elected to the office in November 2014 and won re-election in 2018 and 2022. In 2025, Hegar announced that he was leaving the comptroller's position to become chancellor of the [[Texas A&M University]] System.

The Comptroller's Office handles both the receipt of most state tax revenue (the sales tax is the largest source) and accounting for expenditures of most state agencies. It also holds a unique function: as the Texas Constitution requires a balanced budget each biennium (a two-year period beginning on September 1 of odd-numbered years and ending on August 31 of the next odd-numbered year), the Comptroller prepares the estimate of state revenue from all sources and state expenditures of all agencies.  The Texas Legislature cannot pass any appropriation in excess of the revenue estimate without a 4/5 majority of both chambers; if it does the Comptroller can unilaterally reject the appropriation.  It also handles the Economic Stabilization Fund, more commonly known as the "rainy day fund" which serves to maintain a balance in the event of severe economic downturns.  Furthermore, it oversees the [[Texas Bullion Depository]], the only state-operated such facility in the United States.

The Comptroller's Office handles both the receipt of most state tax revenue (the sales tax is the largest source) and accounting for expenditures of most state agencies. It also holds a unique function: as the Texas Constitution requires a balanced budget each biennium (a two-year period beginning on September 1 of odd-numbered years and ending on August 31 of the next odd-numbered year), the Comptroller prepares the estimate of state revenue from all sources and state expenditures of all agencies.  The Texas Legislature cannot pass any appropriation in excess of the revenue estimate without a 4/5 majority of both chambers; if it does the Comptroller can unilaterally reject the appropriation.  It also handles the Economic Stabilization Fund, more commonly known as the "rainy day fund" which serves to maintain a balance in the event of severe economic downturns.  Furthermore, it oversees the [[Texas Bullion Depository]], the only state-operated such facility in the United States.