Texas

Texas' largest school district, which was taken over by the state last year, is seeking voter approval for bonds for the first time since 2012.

The July 31 arrest of Eduardo Ramos, who submitted his resignation July 23, was not related to his job, according to the school system.

The states and others are pushing back against studies showing adverse financial effects from laws that punish banks for their fossil fuel and firearm policies.

The mayor and controller debated the causes for the rating outlook revision to negative from stable ahead of a July city bond sale.

In Texas, the Austin City Council set a climate bond election for no later than November 2026, while an Arizona water authority is dealing with a funding drought.

A revenue bond issue for Galveston Wharves will price Tuesday after Hurricane Beryl interrupted port operations earlier this week.

S&P Global Ratings revised the outlook on the city's AA rating to negative from stable, citing increased debt and costs from a settlement with firefighters.

The system, along with UT Southwestern Medical Center, plan to build a $5 billion pediatric health campus in Dallas.

In the first half of 2024, winding-down federal aid, a resurgence of Build America Bond refundings and election uncertainty have contributed to the surge in issuance, said James Welch, a portfolio manager at Principal Asset Management.

The city and its Austin Transit partnership are seeking court validation for bonds to help finance the multi-billion-dollar project.