Texas

The West Independent School District is suing its insurance provider, claiming that the company is refusing to cover the full cost of damage from a 2013 fertilizer plant explosion that killed 15 people.

The concession company that operates a portion of Texas' State Highway 130 toll road is negotiating with lenders as it faces default on its June 30 payments, according to Moody's Investors Service.

With the voters behind them, Texas school districts are marching to the municipal bond market to raise billions of dollars for schools needed to accommodate growth.

The cities of Midland and Odessa, Texas are negotiating deals to sell wastewater for use in oil and gas extraction.

Texas is preparing to pour $1.85 billion into the bond market with issues from three state agencies in June.

Faced with rising rents around its Midtown Campus, the Houston Community College District is considering building a dormitory that more students could afford, officials said.

Texas sales tax revenues rise 8.5% in May to a record $2.45 billion, marking 50 straight months of growth, according to state comptroller Susan Combs.

Kroll Bond Rating Agency provided its first rating for a Texas issuer and for an airport June 9, rating Dallas-Fort Worth International Airport AA-minus.

Houston would surpass the $2 billion mark in issuance for the year if it can issue the full $530 million of revenue and refunding bonds it has authorized for its water and sewer system.

Austin Community College District is considering asking voters for $385 million of general obligation bond money for its growing chain of campuses.

Standard & Poor's has lowered its outlook to negative on Texas Lutheran University's BBB rating.

Marshall Independent School District in East Texas will try again to get voters to take on new debt after a $150 million bond proposal failed in May.

The University of North Texas System received $84 million in questionable state funds over a 10-year period, according to officials.

Corpus Christi Independent School District trustees are considering a $250 million bond proposition in November as it struggles to complete schools financed by a 2010 issue.

With approval of $775 million of bonds in hand, the Frisco Independent School District is moving quickly with plans to build 14 schools.

The growing Austin suburb of Pflugerville is looking for additional water as city officials expect shortages by 2030.

Standard & Poor's has removed the threat of suspending Texas City Independent School District's AA underlying rating after a conference call with school officials.

Houston's Memorial Hermann Health System is preparing to issue more than $290 million of bonds to finance expansion projects.

The Texas Permanent School Fund guarantee for charter school debt could increase risk for bonds issued before the guarantee was available, according to Standard & Poor's. But not all agree.

Allen High School's $60 million bond-funded stadium will remain closed for the 2014 football season due to design flaws that led to cracks in its concrete, the suburban Dallas school district announced.