Richard Williamson

The state will cut its budget no more than 4% amid a revenue crisis, legislative leaders announced.

The Texas Transportation Commission also signaled plans to move full-speed-ahead with a $3.5 billion highway project in Austin.

Texas suffered its worst sales tax plunge in 10 years as the pandemic began to grip the state's economy.

Like their traditional peers, charter schools in the Southwest see the writing on the wall when it comes to future funding in a coronavirus-driven recession.

S&P Global Ratings analysts say bookings that are two to three years out are already being canceled.

After the unprecedented collapse an oil futures contract into negative territory, the leading oil producing states face budget uncertainty.

Sales taxes are a pillar of the Texas state budget, and the usually stable revenue source has taken a hit from the COVID-19 pandemic.

Bexar County Commissioner Justin Rodriguez will join Dallas Mayor Eric Johnson on Locke Lord's Texas public finance team.

With its hotel and car rental tax support in tatters, the Harris County-Houston Sports Authority also received a negative outlook from Moody's.

Skilled nursing facilities and long-term care are deluged by the pandemic, adding financial stress for a sector that issues unrated and speculative grade debt.

Amid the market mayhem and work-from-home requirements, Hilltop Securities is adopting new tools to keep clients current on coping strategies.

Laura Kelly is promoting the plan as an economic stimulus.

Lawmakers granted Kevin Stitt authority to shift money where it's needed amid a coronavirus-driven fiscal crisis.

Michael Bartolotta, who built his career at Hilltop Securities' predecessor firm, returns to its Houston office.

The corporate bond business appears to enjoy greater liquidity than tax-exempts, said Lee Deviney, executive director of the Texas Public Finance Authority.

After seven months of surplus revenue, Arkansas seeks to avoid a deficit due to coronavirus fallout.

Bond-financed student housing was already facing headwinds when the COVID-19 crisis sent most tenants home.

Bond-financed bridges across the Rio Grande will lose revenue because of the partial closure of the border, as will the Texas economy.

Cities and states that rely on hotel taxes and tourism-related revenues will lose billions as events and attractions shutter to slow the spread of COVID-19.

Kansas Gov. Laura Kelly's $7.8 billion budget calls for an extension of pension obligations while paying down other debt and boosting reserves.