Richard Williamson

Cuts in U.S. Army ranks could pose a long-term risk to military housing bonds, though the most recent round should not affect ratings in the short-term, according to Fitch Ratings.

Texas expects to live well within its means for the next two fiscal years even as lower oil prices drag down sales tax revenues , according to Moody's Investors Service analysts led by Nicholas Samuels.

Plans to reduce U.S. Army ranks by 40,000 soldiers add pressure to military communities and raise risk for bonds used to privatize base housing, experts said.

When Arkansas' fiscal year 2015 ended on June 30, the state had a surplus of nearly $192 million, according to the Department of Finance and Administration.

For the first time since May 2010, Texas sales tax revenues fell below the same month in the previous year, Texas Comptroller Glenn Hegar reported July 8.

For the first time in nearly three decades, Texas will not need to issue tax and revenue anticipation notes to cover its short-term cash-flow needs, according to state Comptroller Glenn Hegar.

In the final month of the 2015 fiscal year, Kansas took in $22 million less in revenue than expected, leaving the state $33 million below projections for the 12-month period, officials said.

Moody's Investors Service dimmed its outlook on Houston's Aa2 general obligation rating to negative citing concerns about the city's pension obligations.

San Antonio's CPS Energy, one of the largest and most highly rated public utilities in the nation, will lower its interest costs with a $315.7 million revenue bond refunding.

A legal battle over use of a gate at Love Field will delay $110 million of revenue bonds for an urgently needed parking garage at the Dallas airport.

The Texas Transportation Commission has approved $239 million for projects covered by Proposition 1, a constitutional amendment passed by voters in 2014.

Dallas Independent School District voters could see up to $1.5 billion of bonds on their November ballot under a plan submitted for consideration June 25.

Arizona is looking to reduce interest costs with $168 million of refunding certificates of participation on the heels of recent credit upgrades in an improving economy.

Three years after entering investment banking in earnest, Frost Bank is building relationships with Texas issuers, including hometown clients like the San Antonio Independent School District.

Moody’s Investors Service maintained a negative outlook after downgrading Polk County, Texas, to A2 from A1. Analysts cite the county’s dependence on oil and gas and loss of revenue from a private jail that defaulted on its debt.

A new Texas law that increases contributions to the state employees’ pension plan will add support to the Lone Star State’s triple-A credit rating, according to Moody’s Investors Service.

The wettest May on record, in which the state of Texas averaged nearly nine inches of rain for the month, has brought an end to the state's four-year drought, according to Fitch Ratings.

Glendale Ariz.’s decision to cancel a 15-year contract with the Arizona Coyotes professional hockey team is a positive credit factor for the A3-rated city, according to Moody’s Investors Service. Standard & Poor’s sees negative implications in a pending $200 million lawsuit.

With the longest legislative session in Kansas history nearing its end, House members finally found the 63 votes needed to close a $400 million deficit with a sales-tax increase.

Two years after agreeing to subsidize the National Hockey League’s Arizona Coyotes in the city-owned Arena, the Glendale, Ariz., City Council has voided the deal that costs the city $15 million per year.