Texas

A new web site detailing debt by Texas and its local governments is an advance for financial transparency, state comptroller Susan Combs says.

Texas collected $25.8 billion in state sales taxes in fiscal 2013, up 7.2% from fiscal 2012, with $2.4 billion generated in August.

Most Texas school bond referendums in November are growth related, but a suburban Houston district wants a second football stadium.

Work is under way on an east Texas school district's first new elementary in more than 80 years with proceeds from bonds approved in May.

D/FW International Airport may have to issue more bonds for a terminal upgrade effort as costs skyrocket.

Houston's third airport would become the nation’s ninth commercial spaceport under a proposal from the city's airport authority.

Former El Paso County Judge Anthony Cobos pleads guilty to federal corruption charges involving selection of underwriters for $40 million county GO refunding in 2007.

A growing number of Texas school districts are hitting their cap on the tax rate for operations and maintenance costs, which Moody's Investors Services views as a negative credit factor.

Texas received an historic low interest rate of 0.201% on its Aug. 27 sale to tax and revenue anticipation notes, state comptroller Susan Combs said.

Texas highway officials tapped the brakes on a proposal to turn over to cities the upkeep of 2,000 miles of urban state roads as more than a dozen state and local officials protested the plan Thursday to the Texas Transportation Commission.

El Paso changed underwriters to sell $61 million of bonds for a downtown baseball stadium after the first try failed.

Bonds for Willacy County’s $7 million jail in the town of Raymondville are among several being audited by the Internal Revenue Service.

City leaders have lined up to oppose a plan by Texas Department of Transportation to turn over maintenance responsibilities for 2,000 miles of state highways.

Texas A&M University System is preparing to issue $353 million of taxable and tax-exempt revenue bonds for the most costly college stadium renovation in U.S. history.

Central Texas school district needs $450 million of bonds at November election to meet growth projections, panel says.

Austin Community College District in central Texas will delay until 2014 a proposed GO bond referendum of up to $500 million.

Katy Independent School District near Houston will ask voters for a $99 million GO bond program that includes a $70 million football stadium.

Former Assistant U.S. Attorney Michael McCrum has been named special prosecutor to lead an investigation of Texas Gov. Rick Perry.

Denton Independent School District, Texas will ask voters for $312 million of bonds in November.

A special prosecutor is expected to be named next week to investigate whether Texas Gov. Rick Perry violated state law by threatening to veto funding for an ethics enforcement unit.