Richard Williamson

Oklahoma’s monthly collection of tax revenue from the oil and gas industry hit the lowest level since 1999, state Treasurer Ken Miller said.

The top-rated Denver Board of Water Commissioners will price $100 million of revenue bonds for new projects and $70 million of refunding in a competitive sale.

Texas hospitals will continue to be reimbursed under the federal Medicaid program after the state received an extension of a waiver for 15 months, a positive credit factor for the state's nonprofit hospitals, according to ratings analysts.

Two hospital districts in the Permian Basin oil producing region of West Texas took downgrades from Moody’s Investors Service, one to speculative grade.

After five months of declining sales tax revenue, Texas has recorded its second month of year-over-year growth, despite a further drop in oil revenue, state Comptroller Glenn Hegar said.

The outlook on Kansas’ Aa2 rating from Moody’s Investors Service fell to negative Tuesday, as state lawmakers approved a budget that allows Kansas Gov. Sam Brownback to make further cuts in spending.

After lowering its debt service with strategic refundings over the past two years, North Texas Tollway Authority is looking for more savings with $947 million of first-tier revenue bonds.

Local voters across Texas will face a light menu of bond proposals in May after school districts, cities and counties agreed to bring $4.8 billion to the ballot.

Five days after Kansas lowered its revenue estimates for the current and coming fiscal year, Standard & Poor's placed the state's AA rating on its watch list for a possible downgrade.

A $3.4 billion project designed to deliver water to the San Antonio Water System is facing delays after Abengoa S.A., the company hired to build the 142-mile pipeline, filed for bankruptcy.

Odessa, Texas took a one-notch downgrade, following in the footsteps of its Permian Basin sister city of Midland.

A revised revenue estimate that is $229 million below previous forecasts will delay highway projects and force other state spending cuts, Kansas officials said.

Citing “persistent and large operating losses,” Standard & Poor’s downgraded Catholic Health Initiatives one notch to A-minus and retained a negative outlook.

The West Texas oil capital of Midland, Texas, saw its Moody’s rating cut to Aa2 from Aa1 with an outlook that remains negative.

An international consortium of investors and project developers plans to issue $272 million of private activity bonds to build toll lanes in one of the Houston area’s most congested corridors.

A plan to reduce Oklahoma’s $1.3 billion budget shortfall would include $500 million of bonds for highway projects under a plan announced by Gov. Mary Fallin.

Three years after entering the Texas market, UMB Bank is expanding its investment banking division with 11 hires from other firms, led by Victor Pucciarelli, former senior vice president for Hilltop Securities.

The Securities Exchange Commission has charged Texas Attorney General Ken Paxton with securities fraud in a case involving a Texas-based technology company. Paxton was already under indictment in Texas for acting as an unregistered financial advisor.

As Oklahoma lawmakers sought additional funds to close a $1.3 billion budget gap, Treasurer Ken Miller gave them the bad news that state tax receipts in March were the lowest in four years.

As it delivers growing numbers of commuters through Houston’s congested car culture, the Metropolitan Transit Authority of Harris County will make a side trip to the municipal market with $136 million of refunding bonds.