Richard Williamson

Topeka leaders went to court in hopes of circumventing a petition calling for an election on the proposed purchase of a distressed automotive racetrack.

With top credit ratings, the Arizona Water Infrastructure Finance Authority enjoyed strong demand for $345 million of revenue refunding bonds, earning savings of 6.3%.

Toll roads across the nation can expect to see higher volumes of traffic as lower fuel prices encourages more driving, according to Moody's Investors Service.

The Harris County-Houston Sports Authority plans to refinance more than half of its outstanding debt after settling legal disputes with bond insurer National Public Finance Guarantee. The authority plans to issue $579 million.

McLennan County in Central Texas is aiming for savings on $49 million of bonds for a privately-operated jail backed by an appropriation pledge if the inmate count falls below 325.

A $250 million water supply and an $80 million job development program would be funded by a 1% sales tax that is up for approval in Wichita, Kan., Nov. 4.

Democrat Mike Collier, an accountant who has never run for office before, is on offense in his uphill battle to win the Texas Controller's office against Republican Glenn Hegar, a conservative state senator. They seek to replace, Susan Combs, a Republican who did not seek a third term..

Falling oil prices add fiscal pressure to five of the nation's top energy-producing states, according to Moody's Investors Service.

Plans to issue $39.5 million for a performing arts center bring a downgrade to the Sugar Land Development Corp.

Good Shepherd Medical Center faces another possible downgrade on its junk-bond rating from Moody's Investors Service after missing a deadline to sell assets, analysts warned.

Containment of the Ebola virus in the U.S. could minimize financial impact on U.S. healthcare providers, but continued spread would raise a large number of unknowns, Standard & Poor's reports.

Colorado lawmakers did not violate the Colorado constitution by reducing cost of living adjustments for retired public employees, the state Supreme Court ruled.

Dan Patrick, the frontrunner in the race for Texas lieutenant governor, has announced plans to raise sales taxes to offset a reduction in property tax rates.

Texas officials like DeWitt County, Texas, Judge Daryl Fowler are riding a boom from oil and gas drilling but know from experience that a "Texas Miracle" can quickly turn into a mirage.

Three New Mexico school districts are suing the state to boost funding that ranks among the lowest in the nation per pupil.

Moody's Investors Service shifted its outlook on Texas Health Resources to "developing" from "positive" after its Dallas hospital's handling of the nation's first Ebola case.

Four years after its launch, the $2.1 billion North Tarrant Express is open to traffic and providing a financial model for other projects in the state, developers say.

The Phoenix City Council has approved a $103 million construction contract for the first phase of a $590 million renovation of Terminal 3 at Sky Harbor International Airport.

Arizona's Treasurer and Republican candidate for governor is easing off calls for elimination of the income tax amid a $520 million deficit in the current fiscal year and a potential $1 billion shortfall in the next.

Texas Attorney General Greg Abbott reached a settlement with Houston-area financial advisor R. Craig Rathmann, accused of colluding with RBC Capital Markets to limit competition on bond deals for municipal utility districts.