Richard Williamson

Local governments are facing calls for tax relief as the pandemic slows the economy and they implement property tax reform legislation.

The state’s economic downturn has yet to subside, State Treasurer Randy McDaniel said.

Among the measures, Arkansas voters voted to make a temporary transportation sales tax permanent and Arizona voters raised income taxes on high earners.

After two failed efforts to bring light rail to one of Texas’ most congested cities, voters approved the Project Connect measure.

With continuing weakness in oil fields, restaurants and stores due to the pandemic, Texas saw sales tax collections fall 3.5% year-over-year.

This is the Lone Star State's only bond election day in 2020 after the May date was canceled because of the COVID-19 pandemic.

The Central Texas Regional Mobility Authority will sell $333 million of bonds and notes.

"We have no need for cash-flow relief or restructuring," said the treasurer of Dallas Area Rapid Transit, which continues to expand its rail services.

Arizona-based Banner Health adds another hospital to its system as it offers investors $607.6 million of taxable revenue bonds.

Weathering headwinds from the pandemic and energy industry turmoil, the Oklahoma Department of Transportation will price $193 million for highway projects.

Moody’s Investors Service revised the outlook on its Aa2 rating to negative ahead of the $96 million deal.

Upfront savings from the $371 million deal will improve liquidity for the authority after the coronavirus-caused traffic downturn.

The airport will sell $925 million in a deal structured to lower short-run debt-service outlays as it manages through the coronavirus-driven air travel decline.

Low oil prices and the pandemic slowed the Lone Star State's revenue stream.

The state's financial downturn shows signs of improvement, treasurer says.

A U.S. Supreme Court ruling that affirmed the existence of Indian reservations across the eastern half of the state will mean lost tax revenue, officials said.

Facing a revenue disruption over next two years, the Harris County-Houston Sports Authority will ease cash flow pressure with a $100 million refunding.

Five specialists from the former BB&T Capital Markets, now part of Truist, are moving to Hilltop Securities.

Declines are attributed to the pandemic and were highest among first-year students, report says.

The bonds are pricing in three series on Wednesday and Thursday through senior manager Morgan Stanley.