Texas

Plans for a $90 million hotel adjoining the Irving Convention Center have fallen apart after the private developer failed to find financing.

After opening its light rail line to the airport four months early, Dallas Area Rapid Transit officials are pressing on with bond-financed rail development.

Running four months ahead of schedule on the light-rail connection to Dallas-Fort Worth International Airport that opened Monday, Dallas Area Rapid Transit leaders are taking no time to catch their breath after five years of intensive bond-financed development.

The felony indictment of Texas Gov. Rick Perry covers actions he took against the Travis County District Attorney's office while its investigators looked into grants to his campaign contributors from a $3 billion cancer research bond fund.

Texas will issue $5.4 billion of tax and revenue anticipation notes to smooth cash flows to school districts in the 2015 fiscal year

The long-running power struggle at the University of Texas that led to a legislative censure of UT Regent Wallace Hall is credit negative for the UT System, according to Moody's Investors Service.

The Fannin County Public Facility Corp. in Texas has settled tax law violations with the Internal Revenue Service by agreeing to pay $1.75 million and redeem all of the outstanding bonds from the $30.78 million it issued in 2008 to finance a jail.

Texas' largest county issued $196 million of road bonds with top ratings drawing strong demand from institutional investors.

Fort Worth will ask voters to approve using $225 million of public funds with matching private donations to build a $450 million multipurpose arena in the city's Cultural District.

San Antonio will close on a $233 million bond deal that includes new money and refunding after institutional investors quickly grabbed the top-rated bonds.

Fort Worth Independent School District should be able to absorb a finding that it owes the Texas Education Agency nearly $40 million, according to Moody's Investors Service.

Texas sales tax revenues rose 6.3% to $2.34 billion in July, marking the 52nd straight month of increases, state Comptroller Susan Combs said.

Texas offered $15.3 million and other favorable conditions to land the $85 million SpaceX launch site, officials said.

School districts in Austin and its booming suburbs are pouring more than $550 million of top-rated bonds into a lean and hungry primary market.

A $70 million unpaid bill from El Paso Children's Hospital prompts layoffs at University Medical Center and a plea for a $20 million loan from the El Paso County Commissioners.

San Antonio and Bexar County officials have reversed course and called for a voter referendum on a $280 million streetcar project.

The Allen, Texas, Independent School District will use $2 million of existing bond funds to repairs a two-year-old stadium that cost $60 million to build.

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.