Texas

Electric sales have fallen in recent years, forcing utilities to deal with new realities.

The Houston suburb of Sugar Land is considering a convention center to accompany its planned $83 million entertainment center.

Austin will buy up to 300 megawatts of wind energy for 18 years for $31 million per year under a recently approved contract.

Two ratings agencies have downgraded the Beaumont Independent School District, Texas in the midst of state and federal criminal investigations.

Cypress-Fairbanks Independent School District's call for $1.2 billion of bonds is the largest ballot proposal in Texas this year.

Allen Independent School District in Texas has closed its 2-year-old, bond-financed $60 million Allen Eagle Stadium after discovering cracks in the concrete concourse.

Moody's Investors Service downgraded Bowie County, Texas, to A3 from A1 in advance of a tax rollback election.

Garland Independent School District in suburban Dallas has decided to postpone a $400 million bond election until November, officials said.

A new toll agreement provides $300 million of state financing for a North Texas Tollway Authority project.

The Texas Society of Certified Public Accountants is urging the chairmen and ranking minority members of the congressional tax-writing committees to make the deduction for state and local sales taxes permanent.

A citizens bond committee has recommended a $289 million bond proposal for Round Rock Independent School District in suburban Austin.

For the 46th straight month, Texas saw sales tax rise in January.

A loan guarantee for a $23.5 million water park lowered an Austin suburb's credit rating and delays a bond vote.

The Internal Revenue Service is auditing $51 million of general obligation bonds issued by Garfield School District, No. RE-2 in Colorado in 2006.

With more than $10 billion of publicly financed projects in development, Houston is preparing to host its second-annual investor conference and offering the market $1.5 billion of utility debt.

The third-largest school district in Texas finds strong demand for $115 million of soft-put bonds needed for new facilities.

The Fort Worth City Council is asking voters to approve $292 million of general obligation bonds on May 10.

Dallas-Fort Worth International Airport plans to refund $200 million of revenue bonds as it continues its $2.3 billion terminal remodeling project.

The Texas Permanent School Fund that backs bond debt in the state achieved a record high market value of $29 billion at the end of 2013.