Texas

Kyle voters are expected to decide in May on up to $35.3 million of city general obligation bonds to finance road reconstruction in the town near San Antonio

Moody's Investors Service is maintaining a negative outlook on Bexar County's Aaa rating based on the San Antonio area's dependence on federal spending.

The University of Texas System will seek authorization for $1.1 billion of state tuition bonds for 16 projects at 15 campuses from the Texas Legislature.

The $3 billion of bonding authority of the Cancer Prevention and Research Institute of Texas would be stripped, except for refundings, by a measure proposed by state lawmaker.

With only one proposal for a $1 billion managed toll lanes development on Airport Freeway in the Dallas-Fort Worth area, the Texas Department of Transportation is enlarging the project and seeking more bidders.

Clear Creek Independent School District may ask voters in May to approve a $387 million general obligation bond package focused on renovating existing schools.

Houston Independent School District will tap a record $1.89 billion bond authorization Wednesday with a $301 million issue expected to be followed in two weeks with another $150 million deal.

The Austin City Council is expected to approve up to $150 million of taxable revenue bonds Thursday to build a new consolidated car rental facility and parking garage at Austin Bergstrom International Airport.

Texas lawmakers are proposing reductions in spending over the next two years, despite schools and state agencies clamoring for restoration of funds cut in the last legislative session.

Austin Independent School District may ask voters to decide in May for $889.9 million of GO bond authorization to finance a capital plan that focuses on enrollment growth.

Bills filed last week by a key lawmaker would take $2 billion from the state’s $8.8 billion Rainy Day Fund to finance a revolving bond program for local water supply efforts.

Sales tax revenues in December totaled $2.17 billion, Comptroller Susan Combs said last week, with growth in construction and manufacturing.

The Texas Department of Transportation needs $4 billion from the current session of the state legislature to keep up with infrastructure needs in the rapidly growing state, officials said.

Texas colleges and universities are seeking $3.6 billion of bond authority under a bill introduced by state Sen. Judith Zaffirini. Requests for tuition revenue bonds in the previous session failed amid deep budget cuts.

El Paso, Texas, will file a bond validation lawsuit in state district court seeking an OK for its plans to issue $50.4 million of bonds for a downtown baseball stadium.

In a case with implications for the bond industry, the U.S. Supreme Court ruling could send water flowing from Oklahoma to Texas after years of battles over interstate pipelines in the drought-prone region.

Local school districts in Texas need another $1 billion from the state to pay their bills, said Shirley Beaulieu, CFO for the Texas Education Agency.

Texas lawmakers will have $101.4 billion available for their legislative session that begins Tuesday, a 12.4% increase over the previous two-year period that brought painful reductions in education spending.

Judson ISD is asking voters to approve an $83 million bond package on May 11 to help relieve congestion with the construction of two schools.

Dallas billionaire Harold Simmons' political action committee illegally funneled $64,500 to 18 Texas lawmakers after passage of a bill allowing Simmons' company to dump radioactive waste at a bond-funded site in West Texas, according to reports.