Richard Williamson

The concession company that operates a portion of Texas' State Highway 130 toll road is negotiating with lenders as it faces default on its June 30 payments, according to Moody's Investors Service.

With the voters behind them, Texas school districts are marching to the municipal bond market to raise billions of dollars for schools needed to accommodate growth.

Moody's Investors Service has affirmed the A1 rating on Denver Airport Enterprise's $3.72 billion of revenue bonds and raised the outlook to stable from negative.

The cities of Midland and Odessa, Texas are negotiating deals to sell wastewater for use in oil and gas extraction.

Moody's Investors Service has placed the University Medical Center Corp.'s Baa1 rating on review for downgrade after the Tucson nonprofit posted a large operating loss in the first nine months of its fiscal year.

A positive outlook from Fitch Ratings on E-470 Public Highway Authority signals a possible upgrade on the tollway's BBB-minus credit.

Kansas is not the only state to experience a steep drop in income tax revenue in May, but Democrats and Republicans draw dramatically different conclusions about the cause.

Texas is preparing to pour $1.85 billion into the bond market with issues from three state agencies in June.

Faced with rising rents around its Midtown Campus, the Houston Community College District is considering building a dormitory that more students could afford, officials said.

Texas sales tax revenues rise 8.5% in May to a record $2.45 billion, marking 50 straight months of growth, according to state comptroller Susan Combs.

The University of Arkansas System plans to issue $41 million of revenue bonds for its Fayetteville and Fort Smith campuses.

Kroll Bond Rating Agency provided its first rating for a Texas issuer and for an airport June 9, rating Dallas-Fort Worth International Airport AA-minus.

Houston would surpass the $2 billion mark in issuance for the year if it can issue the full $530 million of revenue and refunding bonds it has authorized for its water and sewer system.

Arkansas is on track to fully fund its fiscal year 2014 budget that ends this month, despite a 5.6% drop in May revenues, officials said.

Moody's Investors Service downgraded Topeka's Shawnee County Unified School District 501 as the district prepared to issue the first $118 million of bonds approved by voters April 8.

Colorado Gov. John Hickenlooper has vetoed a bill that imposed limits on public-private partnerships for transportation projects in the state.

Austin Community College District is considering asking voters for $385 million of general obligation bond money for its growing chain of campuses.

Colorado's Regional Transportation District has already broken ground on its new North Rail Line that will be financed with $431 million of debt going to market Thursday.

Amid environmental upgrades of a coal-fired power plant, the unified governments of Wyandotte County and Kansas City, Kan., took a Moody's downgrade on $186.5 million of utility bonds.

Standard & Poor's has lowered its outlook to negative on Texas Lutheran University's BBB rating.