Texas

Texas Attorney General Ken Paxton's ongoing audit compliance probe led to more than 130 cities being prohibited from raising their property tax rates.

Clark Stockton Lord has joined Greenberg Traurig's public finance and infrastructure practice as a shareholder in its Houston office.

Longtime public finance professional Curtis Flowers joined Huntington Securities as managing director in its Houston office.

The Texas city, which has been hit with rating downgrades due to a looming water supply crisis, plans to sell up to $728 million of bonds.

The mayor's plan to balance the fiscal 2027 budget relies heavily on proposed revenue-raising moves involving the combined utility system enterprise fund.

The deal comes as high-yield muni investors are hungry for paper.

McKinney, Texas, is fighting a challenge to a refunding of sales tax-backed bonds sold for a commercial airline service project at its general aviation airport.

The drought-stricken Texas city's utility system rating was cut two notches to A, marking a continued downward trend in its credit quality.

Months after the state cracked down on cities' tardy annual financial audits, adherence to a statutory filing deadline is improving with fiscal 2025 reports.

The biggest-ever bond referendum in Texas was passed Saturday for Dallas schools, while voters in only one city chose to leave Dallas Area Rapid Transit.

Debt requests are escalating as the Lone Star State accommodates a growing population and addresses aging infrastructure.

The Arlington City Council approved a master agreement to fund ongoing maintenance, operation, and improvements at the city-owned NFL stadium.

The Texas city's latest projection for the onset of a Level 1 emergency comes as water woes spurred rating downgrades and negative outlooks since last fall.

The rating agency's previous review of the Texas city resulted in downgrades in December over increased credit risk due to water supply woes.

Photos from The Bond Buyer's Texas Public Finance conference.

The city faces the loss of $110 million in Texas public safety grants while a $174 million deficit is projected for its current general fund budget.

The $1.18 billion revenue bond issue will commence long-term financing for a $5.5 billion expansion program at Austin-Bergstrom International Airport.

The Texas city is facing a potential level 1 emergency, indicating the water system is 180 days from supply not meeting demand.

The state Supreme Court's decision did not address the 2022 law's governmental contract ban for businesses deemed to be "boycotting" the fossil fuel industry.

The city and United Airlines are navigating geopolitical volatility looking for an opportunity to sell the debt.