Texas

A year after voters rejected a $99 million bond issue that included a controversial football stadium, Katy Independent School District is considering a $748 million proposal that includes a cheaper stadium.

Texas will provide nearly $6 million in subsidies for Charles Schwab Corp. to add a new center in El Paso and expand its Austin operation, Gov. Rick Perry said.

Houston saved about $16.6 million on $372 million of new money and refunding issues over a two-day period, controller Ronald Green told The Bond Buyer.

The plight of State Highway 130 outside Austin, Texas, is a stark example of the risks involved in building toll roads in undeveloped areas, according to Fitch Ratings.

The State Highway 130 Concession Co. that operates a new, lightly traveled toll road outside Austin says it has reached new terms with its lenders and is not in default.

After being thwarted in the 2013 legislative session, the University of Texas Board of Regents agreed to seek $1.9 billion of tuition revenue bonds in the 2015 session.

Laredo Community College plans to begin construction this fall on a health sciences center and other campus additions with proceeds from $100 million of general obligation bonds.

Texas sales tax revenues rose 3.7% in June to $2.24 billion marking the 51st consecutive month of increases, according to state comptroller Susan Combs.

Moody's Investors Service Raised its Outlook on Harris County Toll Road Authority’s Aa3 rating to positive, signaling a possible upgrade.

The north Dallas suburb of Frisco plans to issue $115 million of debt this month to build a headquarters and practice facility for the National Football League’s Dallas Cowboys.

The San Antonio Water System has chosen a company to pipe water from a supply 150 miles away over a period of 30 years.

Texas Municipal Utility Districts have come far from their dirt-bond past and are expanding to keep pace with growth while supplying a lean muni market with higher-yielding bonds, experts say.

Texas Municipal Utility Districts have come far from their dirt-bond past and are expanding to keep pace with growth while supplying a lean muni market with higher-yielding bonds, experts say.

A $1 billion plan to create Austin's first urban rail system and to consider other transportation developments won unanimous endorsement from the city council.

Standard & Poor's has downgraded Good Shepherd Health System to a junk-bond rating of BB-plus as the East Texas healthcare provider tries to stave off an accelerated debt payment schedule.

New school construction costs in Texas vary by as much as $200 per square foot, according to analysis by the Texas Comptroller's office.

Harmony Public Schools, the largest charter school operator in Texas, will refund $104 million of triple-B bonds to secure the state's triple-A guarantee, a provision that just became available this year.

Dallas Independent School District expects about $15 million in net present value savings from $317.8 million of refunding bonds expected to price July 1.

Moody's Investors Service has downgraded Beaumont, Texas' water and sewer debt to A1 from Aa3, citing the city's diminishing reserves and aging infrastructure.

Dallas City Council has approved $46.5 million in tax increment financing for redevelopment of the vacant Statler Hilton hotel that once hosted the city's elite visitors.