Texas

The median net pension liability in the nation’s 15 largest cities jumped 16% on a per capita basis in fiscal 2017, S&P Global Ratings said Wednesday.

The state recorded $31.94 billion of sales tax revenue, according to state Comptroller Glenn Hegar.

In the busy oil fields south of San Antonio, some big rig trucks sit empty.

The Port of Brownsville may use revenue bonds to dredge its ship channel rather than wait indefinitely for federal funding.

The Little Rock-based firm added Matthew Johansen as a senior vice president.

More than a decade after voters created the Cancer Prevention and Research Institute of Texas with $3 billion of bond funding, the state is nearing that goal with a $322 million deal this week.

Voters in Harris County will decide whether to authorize up to $2.5 billion of bonds to minimize damage from future storms.

Bond volume in the region fell sharply in the first half of 2018, though one expert saw the 16% drop as better than anticipated.

The Lone Star state grabs the spotlight this week as Texas prepares to sell $7.2 billion of top-rated tax and revenue anticipation notes on Wednesday.

The University of Texas is launching a $175 million project to remodel its famed football stadium as the university embarks on the 2019 fiscal year with a record budget.

With strong credit in a booming economy, Texas returns to the notes market with $7.2 billion up for grabs to keep cash flowing to schools.

Only a few of the 45 states that levy sales taxes have announced plans to begin implementation before the end of this year.

Regional shifts in population portend credit challenges for U.S. states, Fitch Ratings analysts say.

A strong rebound in oil and gas production and broad economic growth is fueling record growth in sales tax revenue, Comptroller Glenn Hegar said.

To keep its record bond proposal below $1 billion in November, the Fort Bend Independent School District favors calling for two elections three years apart.

Thomas W. Masterson III established a key Houston muni bond firm and helped guide the region's economic boom.

San Antonio has weathered a decade of stress on the federal funding and energy fronts.

Rural governments continue to lose economic ground, according to a Moody's Investors Service report.

The audit could be part of an ongoing initiative by the IRS to examine refunding bonds, said a lawyer.

The Nacogdoches County Hospital District took a nine-notch downgrade as it prepares to file for bankruptcy.