New Mexico

Three New Mexico school districts are suing the state to boost funding that ranks among the lowest in the nation per pupil.

A more than $700 million dollar deal that RBC Capital Markets executed in New Mexico earlier this month is has raised the eyebrows of some market participants, who think the firm's municipal advisory relationships with several New Mexico cities created a conflict of interest when it underwrote the deal for a power authority run by those municipalities.

The Albuquerque Bernalillo County Water Authority expects savings of 8.52% on $195 million of revenue refunding bonds pricing this month.

The New Mexico Finance Authority will raise $57 million for its public project revolving loan fund with a competitive sale of revenue bonds.

Standard & Poor's has shifted its outlook to negative on New Mexico State University's AA rating, citing three years of falling enrollment.

Southwest Airlines' newfound freedom to begin serving long-haul destinations from Dallas Love Field Airport in October poses risks for smaller airports left behind, Fitch Ratings warns.

Annual bond issues threaten growth targets for the New Mexico Severance Tax Fund, a consultant's report shows.

New Mexico must recognize the Fort Sill Apache tribe, according to a state Supreme Court ruling that Gov. Susana Martinez's administration fears will lead to the opening of a casino.

Carlsbad, N.M., plans to build four elementary schools with proceeds from a $30 million bond issue.

New Mexico is facing a new round of litigation over school funding after a lawsuit was filed on behalf of poor and Spanish-speaking students.

New Mexico Gov. Susana Martinez signed the state's $6.2 billion budget for fiscal year 2015 into law along with an $89 million capital outlay bill.

Voters in six New Mexico school districts approved nearly $200 million of bonds for construction and repairs.

New Mexico plans to offer $75 million of transportation revenue bonds for projects around the state.

New Mexico Gov. Susana Martinez is calling for increased spending on water projects in the drought-stricken state.

Seeking to avoid debt wherever possible, state lawmakers are searching high and low for money to repair their aging capitols in the wake of recession.

The New Mexico Supreme Court's ruling in favor of the state's new pension reform law is a positive credit factor for the state, according to Moody's Investors Service.

Arizona Public Service Co. has closed three coal-fired generators at the Four Corners Plant and plans to spend $350 million upgrading the two that remain.

A new provision on federal oil and gas production royalties will cost New Mexico $100 million over the next decade, according to the Capitol Report New Mexico.

The Carlsbad, N.M., Municipal School District will ask voters to approve $60 million of bonds in a February election.

More than a year after emerging from bankruptcy, Gerald Champion Regional Medical Center has a negative outlook on its B-plus speculative-grade rating from Standard & Poor's.