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Winds May Be Shifting as Texas Issues $500M for Insurance

SAWS Seeks Fast Path to $3B Pipeline

Texas Sales Tax Revenues Hit Record $2.57B

Moody's Downgrades Alvin College District

Fort Worth ISD's Use of Bond Funds Questioned

San Antonio Voters Get Last Word on Streetcar

Texas Water Board Pumps $250M into New Reservoir

Texas MAC Displays IRMA Postings

A&M Plans Bonds for Upgrade of Corps Dorms

Texas Highway Spending May Speed Up


Issuance of municipal MSA tobacco bonds by states was the subject of a highly critical article published by ProPublica. The article attempts to make a case that states erred in deciding to issue tobacco bonds. The article was widely circulated across social media. As we frequently observe, the national media focus on the muni market is appreciated, but the facts got muddied in the pursuit of a good story.

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