Texas

AllianceBernstein hired four municipal credit special situations analysts based in its Dallas office.

A 2025 state law prohibits cities from increasing their property tax revenue if they fail to produce a timely annual financial audit.

Four of Dallas Area Rapid Transit's 13 member cities took action to ask voters in May whether they want to withdraw from the agency.

The transaction, which supports the Navajo community in Ganado, Arizona, represents a major landmark in furthering Native American health care infrastructure, overcoming hurdles tribal governments typically face in issuing municipal debt to open a replicable path to market other indigenous health systems can follow.

The Kerrville Public Utility Board Public Facility Corp.'s bond sale and acquisition of a state loan for the project is a tale of perseverance.

The $6.3 billion all-funds budget was amended in the wake of the Nov. 4 defeat of a property tax rate increase that would have raised $109.5 million in revenue.

After terminating the project in September, the council approved an initial deal with a new contractor team to develop design and construction options.

The airport paired long fixed-rate debt with four- and seven-year mandatory tender bonds in the transaction honored as the Southwest region's Deal of the Year.

Ten winners across five regions and five additional categories will be celebrated Dec. 2 in New York City, where one will be crowned the overall Deal of the Year.

The Texas city could revisit plans for a desalination project to boost its dwindling water supply with the city council scheduled to consider it next week.

Arrington announced he will not seek reelection in 2026 after helping shepherd President Trump's first major tax bill through Congress, marking the first GOP House chairman to check out in 2026.

The city plans to sell about $690 million of AMT bonds on Nov. 18 to finance facilities and refund outstanding debt for the airline.

Concerns over the Texas city's future water supply after a desalination project was terminated, led to negative rating outlooks from Fitch and S&P.

Federal immigration and trade policies are a likely factor in the triple-A-rated state's weak job growth and pose risks for its southern border cities' budgets.

The school system, which has an AA underlying bond rating from S&P, was targeted by the Texas Education Agency for a takeover based on academic performance.

Voters will decide the fate of 447 bond propositions totaling a record $83.7 billion with development-related districts accounting for most of the debt.

The approval of $650 million of revenue bonds comes in the wake of a recently filed petition seeking to subject the project to voter approval or delay.

The city is gearing up to sell $252 million of general obligation bonds this year and $1.5 billion of revenue bonds in 2026 for a convention center project.

Cities are responding to a state directive to remove symbols on crosswalks and other so-called distractions or risk losing state and federal funding.

The city council took action to keep the property tax rate unchanged, a move that could punch a $53 million hole in the fiscal 2026 budget and drain reserves.