Texas

Dallas Area Rapid Transit is enjoying a lift in tax revenues amid a drop in ridership during the pandemic.

The biggest bond measure in the nation Tuesday appears to have passed narrowly, but Texas voters took a negative view of several big bond proposals.

Most bond issues appear to be approved, but many were rejected.

Texas voters are considering an array of local bond measures to fund projects for schools, cities and counties.

Gov. Kathy Hochul's thrusts include the MTA Open Data Act; state Comptroller Thomas DiNapoli launched a federal COVID-19 funding tracker.

Goldman Sachs has joined three other top bond underwriters that haven't done Texas deals under a state law targeting firms with perceived anti-gun policies.

Profits were up in New York City's securities industry, according to the state comptroller's annual report, even as job losses accelerated.

For the first time in six years, Texas colleges and universities are awarded tuition revenue bonds backed by the state.

DFW is getting ready for a rebound in passenger traffic, preparing a bond refunding and continuing to develop its terminals.

A law protecting the firearms industry from "discrimination" has made the top underwriters hesitant to do bond business in the state.

Seeking to keep pace with growth, one of the most populous counties in Texas seeks $400 million of bond authority from voters.

The rising risks of climate change are more apparent as Texas' largest wholesale public power provider comes to market with $248 million of revenue bonds.

Nathan Coco and Megan Preusker joined the firm this month, deepening the expertise offered by the firm's bankruptcy and restructuring practice.

Texas utilities face prolonged risk to their credit from weakness in the state's main electric grid, analysts warn.

Texas Gov. Greg Abbott shifted more taxpayer money toward a border wall and called for redistricting state legislative and congressional districts in a third special session.

Chicago Mayor Lori Lightfoot chose San Antonio schools superintendent and former CPS CFO Pedro Martinez to lead the district ahead of a major governance shift.

While falling to the lowest amount of inflows since June 2, the total for the year according to ICI at $72 billion, is still on pace to come close to or break the record, $93.2 billion, hit in 2019.

Texas is fighting the federal government on an expanding front as Gov. Greg Abbott challenges the authority of President Biden on issues of health, civil rights and security.

Despite two COVID-19 waves and a crippling winter freeze, Texas general revenue was up 6.2% for the year that ended Aug. 31.

Some issuers may have taken their eyes off of arbitrage risk, but advisors are still taking that tax-exempt compliance job seriously.