Arizona

The U.S. Senate’s proposed spending plan would raise the cap on airports' passenger facility charges and expand airport improvement grants.

A big drop-off in Texas and a decline in refundings took a bite out of the municipal bond business in the Southwest.

Gilbert, Ariz., put the kibosh on subsidizing a Cactus League site for the Milwaukee team.

Tucson's largest school district will seek voters' help to address critical facilities needs, including repairs to heating and cooling systems.

Issuing $2.1 million in municipal bonds was essential to helping the city of South Tucson, Ariz., emerge from bankruptcy in 1984.

The bonds of 16 Arizona issuers are on Fitch Ratings positive watch due to a statutory lien law.

Maricopa County, Ariz. is mulling final approval of a $2.49 billion budget.

Arizona's new budget could allow $1 billion in new bonding for higher education.

A Trump administration policy shift boosts a Mojave Desert water project.

Despite the U.S. Attorney General’s reversal of plans to end use of private, for-profit prisons, the bonds used to finance the facilities still bear the risk of abrupt policy changes, according to S&P Global Ratings.

Building Trump’s wall on the Mexico border could raise costs for other projects in the border region by impacting material and labor prices.

A decision to close the coal-fired Navajo Generating Station is a positive credit factor for its operator and co-owners, according to Moody's Investors Service.

Scottsdale settles dispute with IRS with payment of almost $751,000 and its authority settles claims with bond counsel for $75,000.

Maricopa County, Ariz.'s plan to sell bond-financed Chase Field appears dead after the real estate company that had expressed interest in the deal said it is no longer interested.

Arizona's Salt River Project is gearing up for a $720 million refunding deal next week.

An alignment of Catholic Health Initiatives with Dignity Health to create one of the nation’s largest nonprofit health-care providers would be a positive credit factor for the two organizations, according to Moody’s Investors Service.

S&P Global Ratings downgraded to junk $172 million of bonds for two private immigration detention centers after two federal agencies announced initiatives to end or reduce use of such facilities.

The Maricopa County, Ariz. Board of Supervisors has voted to explore the sale of Chase Field after a disagreement with the Arizona Diamondbacks baseball team over repairs to the 18-year-old venue.

Maricopa County, Ariz., told the Arizona Diamondbacks baseball team it won't pay $65 million for repairs to the bond-funded Chase Field in downtown Phoenix, sparking a war of words between the team and the county government.

Using new criteria, Standard & Poor’s Global Ratings warned that eight federal prisons operated privately for profit could see downgrades or upgrades.