Texas

To finance a major expansion, the Texas Children’s Hospital will issue $354 million of debt, including fixed and variable rate bonds.

With the oil and gas sectors slowing, Texas saw sales tax revenues were up a modest year-over-year 1.1% in April, according to state Comptroller Glenn Hegar.

From fracking to plastic shopping bags, local governments are seeing unprecedented loss of control in the 2015 Texas Legislature, according to the Texas Municipal League.

Texas lawmakers are making another attempt to put limits on or bar capital appreciation bonds as their 2015 session enters its final month.

Austin Energy, one of the 10 largest public utilities in the nation, will offer the market $435 million of bonds backed by system revenues as it keeps seeking environmentally friendly power sources.

Texas Rep. Joe Pickett’s bill that could provide more than $3 billion in general sales tax revenue to non-tolled highways won approval in the House.

Two bills that passed in the Texas Senate would increase funds to shield military bases from the next round of closures or help them convert to civilian uses.

The Port of Beaumont Navigation District that ranks as the largest shipping point for U.S. military cargo gets a Moody’s Investors Service downgrade to A3 from A2 based on recent negative revenue trends.

In a rare unanimous vote, the Texas House passed the first sales tax reduction in the state’s history as part of $4.9 billion of tax cuts, veering away from the Senate’s property tax relief.

Bondholders for a failed private jail would receive about 55 cents on the dollar under a proposed sale of the $35.4 million lockup to Burnet County, Texas, according to a trustee's disclosure.

Citing a decline in the oil and gas industry, Standard & Poor’s lowered the underlying rating on Venus Independent School District near Dallas to A from A-plus.

Two Houston attorneys were named special prosecutors to look into criminal charges against Texas Attorney General Ken Paxton, who has admitted to violating state securities law prior to his election last November.

Maverick County, Texas, faces an uncertain future after losing the operator of its $42 million private detention center that defaulted on its debt amid a federal corruption investigation and missing audits.

With Texas school funding still undecided in Austin, the El Paso Independent School District, one of the largest in the state, estimates that it will face a $12 million deficit in the coming fiscal year.

After years of official skepticism, publicly funded studies in Texas and Oklahoma cite oil and gas industry activity as the probable cause of earthquakes in the two states.

Texas power producers can expect weakening demand in 2015 as they cope with new federal regulations and falling prices, according to Standard & Poor’s.

A Moody's Investors Service downgrade drops Texas Southern University's $81 million of debt to the lowest investment grade rating of Baa3 with a continued negative outlook.

Texas Health Resources, the operator of a Dallas hospital that received international news coverage for its handling of an Ebola case, goes to market with $360 million of bonds after a Moody's upgrade.

Standard & Poor's upgraded Brownsville to AA from AA-minus, citing the southernmost Texas city's strengthening economy and falling unemployment.

Rice University took advantage of low interest rates in the taxable market with $700 million of triple-A taxable bonds, including $100 million for new money.