Richard Williamson

The Texas Department of Transportation plans to offer $624 million of general obligation bonds bearing the state’s triple-A credit in April. The deal will be the largest from a Texas issuer so far this year.

Criticizing lawmakers for taking a piecemeal approach to capital projects, New Mexico Gov. Susana Martinez used her line-item veto to reduce a severance-tax bond package.

With revenue rising more than 28% in February, Arkansas is on track to a $35.9 million surplus by the end of the fiscal year, state officials said.

Oklahoma will use $78.5 million from its rainy day fund to operate public schools and prisons in the current fiscal year, Gov. Mary Fallin announced.

A bribery investigation of bond-funded projects in the Lamar Consolidated Independent School District has led to indictments of a construction manager, a school board member and a commissioner for the city of Richmond, Texas.

The cities of Midland and Odessa, Texas, are among 11 local issuers in the state’s oil producing region under review for downgrade from Moody’s Investors Service.

Under its new corporate structure, Hilltop Securities can picture itself atop the financial advisory ranks in the not-too-distant future, top executives say.

Under the $6.2 billion budget signed by New Mexico Gov. Susana Martinez, spending is reduced for the first time in five years due to persistently low oil and gas prices.

The State Highway 130 Concession Company led by toll road developer Cintra will try to reorganize under Chapter 11 bankruptcy after revenues from the $1.35 billion project fell far short of projections.

Texas sales tax revenue fell 6.8% in February compared to the same month last year and is down 4% over the past three months, according to Comptroller Glenn Hegar.

With four months remaining in the fiscal year, Kansas revenue is running nearly $80 million short of projections after the latest monthly report.

The heavily indebted North Texas Tollway Authority continues to reduce losses from toll violators as the region’s drivers seem undeterred by automatically increasing rates, according to Moody’s Investors Service.

Denver will raise long-term financing to redevelop the National Western Complex with some of the proceeds from a $425 million issue that will include refunding.

Falling tax assessments on Energy Future Holdings power plants could strain local budgets in six Texas counties as the company tries to emerge from the nation's largest corporate bankruptcy.

A sharp decline in cash sent the Mission, Texas, Hospital District's rating further into junk territory, according to Moody's Investors Service.

With most of its leadership under indictment in a bribery scandal, Crystal City Texas is working to clean a tainted water supply as its school district tries to avoid a threat from state regulators.

Municipal bond primary market volume in the Southwest surpassed the previous record set in 2008, climbing 20% to $77.7 billion.

The University of Arizona is looking for interest rate savings in a $169.6 million refunding of three series of bonds issued from 2007 to 2009.

Kansas lawmakers sent a $16.1 billion budget for the next fiscal year to Gov. Sam Brownback that includes new limits on bonds for tourist-related developments and out-of-state conduit issuers for universities.

With revenue estimates falling, New Mexico lawmakers settled on a $6.2 billion budget that raids some state agency accounts to keep spending level with last year.