Texas

For the seventh time in 2020, monthly sales tax revenues in November were below the same month in 2019.

“This is a preliminary determination, not a proposed adverse determination or a final determination,” the county said.

Local governments are facing calls for tax relief as the pandemic slows the economy and they implement property tax reform legislation.

After two failed efforts to bring light rail to one of Texas’ most congested cities, voters approved the Project Connect measure.

Mark Nitcholas will will focus on local and state governments, state agencies and school districts within Texas and the Southwest.

This is the Lone Star State's only bond election day in 2020 after the May date was canceled because of the COVID-19 pandemic.

The Central Texas Regional Mobility Authority will sell $333 million of bonds and notes.

"We have no need for cash-flow relief or restructuring," said the treasurer of Dallas Area Rapid Transit, which continues to expand its rail services.

Director, Fitch Ratings

The bonds are pricing in three series on Wednesday and Thursday through senior manager Morgan Stanley.

The numbers were not as bad as first forecast, with sales tax revenues, which account for 59% of the budget, inching up.

Moody's cited high leverage and fixed costs attributable to the city's pension and other post-employee benefit plans. Voters decide on new bonds in November.

About 30 million Americans risk being evicted in coming months because they can’t pay rent, one report says.

Clare Graca and Manal Keen will help manage expansion efforts.

The minority and woman-owned Siebert Williams Shank bolsters its Texas business profile with the hiring of Austin school district chief financial officer Nicole Conley.

Low rates in an economic crisis brought a plethora of Southwest municipal bonds to market, and some see a strong second half coming.

Hector Matos brings years of experience as a Texas school finance expert and Citigroup banker to Raymond James' new San Antonio office, the firm said.

The competitive sale is scheduled for Aug. 19 with Stifel Nicolaus as financial advisor.

Dealing with a pandemic in an economy hard hit by falling oil prices, Ector County Hospital District sees an opportunity to lower debt finance costs.

Arlington, Texas, has weathered the pandemic with its ratings intact as it awaits the return of tourists and sports fans.