Richard Williamson

Hilltop Securities plans to expand public finance and wealth management services despite global uncertainty, chief executive Brad Winges says.

Although oil and gas revenues remain low, Oklahoma saw signs of hope for recovery in June.

Texas reported June revenues improved from May, but still down year-over-year.

Dallas-Fort Worth International Airport has $875 million of tax-exempt refunding deals coming up and a $`1.1 billion taxable refunding in the wings.

The city's utility enterprise received rating boosts ahead of a $318 million revenue bond deal that will price after this week's general obligation deal.

“We expect it will be years before demand returns to peak 2019 levels,” industry exec says.

The former Loop Capital executive has nearly two decades of experience in underwriting and institutional sales.

Renewable energy — already supplanting coal on the basis of economics — could become the major power source 15 years earlier than expected, researchers said.

With data from the two worst months of the year so far, state and local analysts are beginning to size up expected revenue losses.

The cities enter a primary municipal bond market prepared to absorb $9 billion of deals this week.

The chapter had financial difficulty before the pandemic and wanted to refinance its debt.

Sales tax collections fell 13.2% compared to the same month last year, the steepest decline since January 2010

Cities and counties of fewer than 500,000 are seeing a fraction of the reimbursements for coronavirus spending that their larger counterparts received.

Colorado will continue its highway building with $500 million of certificates of participation, as it weathers its deepest downturn in years.

New Mexico is expected to face sizable structural deficits because of declining oil and gas prices and production, the rating agency said.

The system is managing the pandemic's impact on its campuses and hospitals, as well as a drop in the price of oil, which supports it financially. Neither situation is expected to shake its rating strength.

Oklahoma lawmakers stood their ground after Gov. Kevin Stitt vetoed the budget and diversions from pension funds and transportation.

State officials say Colorado needs to cut $3.3 billion from the budget for fiscal year 2021 after the largest revenue drop in the state’s history.

With its amusement parks and stadiums shut down the city, which is prepping a bond refunding, is bracing for an $18 million hit to tax revenues.

The steep drop in revenue does not yet reflect the collapse in oil prices, Oklahoma Treasurer Randy McDaniel said.