Texas

Monthly sales tax revenue registered the second-largest gain of the fiscal year in February, rising 4.4% above the same month last year to $2.4 billion.

President Donald Trump’s plan to rely on private prisons to house federal inmates and immigration detainees is reviving interest in the high-yield bonds that financed the lockups.

Nonprofit health giant Catholic Health Initiatives fell one notch to BBB-plus on S&P Global Ratings' scale Thursday due to a weakened financial profile, analysts said.

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.

The San Antonio Water System has saved $55 million through bond refunding since October, officials for public utility said.

Texas lawmakers have filed almost two dozen bills in an effort to derail a privately funded high-speed rail line.

Reason Foundation says $12 billion privately financed Texas bullet train proposal would require public funding.

Moody's Investors Service downgraded Dallas' convention center hotel debt one notch to Baa1 but left the city's general obligation rating at A1 after a review period. However, the outlook remains negative due to unresolved pension issues.

A new method of appraising big box retail stores known as "Dark Store Theory" could cost local governments billions of dollars in lost property tax value, according to the Texas Comptroller's office.

Texas Central Rail has dropped eminent domain lawsuits due to “positive dialogue” with many landowners.

The economy of Texas would take a severe hit if the Trump administration erects trade barriers with Mexico, local and state officials told the Texas Public Finance Conference.

In a year that promises dramatic changes, government officials and leaders in municipal finance will consider how to adjust to new policies and a new president at The Bond Buyer’s Texas Public Finance Conference.

In a critical year for the Texas health-care industry, the state's leaders have indicated no interest in tapping the state's growing rainy day fund to cover $1.2 billion in Medicaid underfunding.

Bonds used to finance Houston’s sports facilities will get a lift from the Super Bowl, which Moody’s Investors Service expects to bring an additional $1 million in hotel occupancy tax revenue that supports the debt.

President Trump's "sanctuary city" order is expected to foreshadow more long-term turbulence for urban-federal relations as the president sought to force compliance with his objectives by threatening to cut federal funding.

Texas Gov. Greg Abbott urged the Texas Legislature to maintain funding for border security amid a state hiring freeze. He also called for school finance reform including school vouchers and a convention of states to amend the U.S. Constitution.

The Texas Permanent School Fund that guarantees more than $70 billion of public school construction bonds retains top credit ratings despite its increasing support for riskier charter school debt

With backing from President Donald Trump and Texas Gov. Greg Abbott, proponents of school vouchers see their best opportunity in years to shift tax dollars to private schools in the name of "school choice."

President Trump’s broadsides against Mexican immigrants and trade have not triggered rating agency action on border credits, which, in several cases, have seen upgrades.