Texas

The spending plan for the fiscal year that begins July 1 contains no tax increases or new fees and puts off finding a recurring solution for a structural budget gap.

The bonds are part of a proposed settlement with the city's firefighters union that would need court approval.

Controversy over where to build a new jail has delayed further issuance of $260 million of voter-approved bonds after an initial $45 million sale.

The saga dating back to last year appears to be concluded with a settlement.

The project will expand the plant's capacity from 75 million gallons per day currently to 100 million gallons to serve a growing population.

The lawsuit filed in 2017 points to funding disparities when public school districts turn to local property taxes and bond issuance for capital funding.

Texas' largest public school system would use the proceeds from its biggest-ever bond referendum to fix aging facilities and make other improvements.

May volume "surprised on the high end and it has been one of the fastest starts to the year historically," said James Pruskowski, chief investment officer at 16Rock Asset Management.

A city council committee received staff recommendations to fully fund the Police and Fire Pension System within 30 years.

CPS Energy, which provides electricity and natural gas in the San Antonio area, has a $1.05 billion revenue bond issue pricing in early June.