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Richard Williamson

Recent Stories From this Author

Last of the Week’s Big Deals Ahead
March 26, 2015 Municipal bond traders were looking to see the last of this week's big new issue come to market today led off by the big deal...

Texas Senate Approves $4.6B Property Tax Cut
March 26, 2015 The Texas Senate has approved a $4.6 billion reduction in school property taxes under a bill by Sen. Jane Nelson. The Texas...

S&P Drops South Texas Private Prison to Junk
March 25, 2015 Standard & Poor’s downgraded the Willacy County Local Government Corp. to a junk-bond rating of CCC-plus from an investment...

Herbert Plans Special Session to Expand Utah Medicaid
March 24, 2015 Utah Gov. Gary Herbert called for negotiations on a plan to expand Medicaid that would be approved in a special session of the...

Phoenix Puts Pension Issue on Ballot
March 24, 2015 For the third time in three years, Phoenix voters will be asked to approve changes in the city’s pension formula in hopes of...

Kansas Lawmakers Pass School Funding Overhaul
March 23, 2015 The Kansas Legislature has approved Sen. Ty Masterson's bill replacing the state's school funding formula with a block grant...

Lubbock, Texas, Readies GO, Sewer Deals
March 23, 2015 The West Texas city of Lubbock will price a $131 million general obligation bond refunding and $99.3 million of certificates...

New Mexico Legislature Leaves $270M of Projects Unfunded
March 23, 2015 New Mexico Senate Majority Leader Michael Sanchez said the Senate was "sucker-punched" by the House in the last hour of the...

A Banker's Seven-Year Fight for His Reputation Against FINRA
March 23, 2015 Former RBC Capital Markets managing director Mel Schonhorst achieved a measure of success after seven years trying to clear...

Fort Worth ISD To Offer $271M for Refunding, New Projects
March 23, 2015 Amid a search for a new superintendent, Fort Worth Independent School District will take $271 million of bonds to market for...


Some local governments may require extraordinary financial assistance from the Commonwealth, adding to pressure on its general obligations.

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