Texas

Cities and states on the the borders are vulnerable to falling tax receipts amid protectionist rhetoric that threatens NAFTA, Fitch Ratings said.

Voters' decision to dissolve the Dallas County Schools transportation agency is positive for holders of the agency's junk-rated bonds but negative for noteholders, according to Moody's Investors Service.

Houston's outlook from Moody's Investors Service was boosted to stable from negative.

With a record $12 billion of bond proposals on ballots across Texas, voters approved more than 91%, according to the Texas Comptroller's Office

The elimination of private activity bonds would remove a financing tool that supports many public private partnerships.

Voters in Houston approved the measure by a more than three-to-one margin.

Arlington, Texas planned to issue $500 million of tax-exempt bonds in 2018 for a Major League Baseball venue.

A complaint has reportedly been filed with the Texas Ethics Commission against a group and one of its vocal leaders, claiming they have violated state laws in opposing the City of Mineral Wells' $17.26 million bond election.

“Hurricane Harvey does not appear to have had a significant net effect on state sales tax revenue,” said state Comptroller Glenn Hegar.

The statewide total exceeds the previous record of $9.1 billion in November 2015.

The city's general obligation rating fell to A2 from A1 in the wake of Hurricane Harvey.

Trade with Asia and diverse economies insulate the two states from shifts in trade with Mexico and Canada.

Analysts will increasingly factor a government's preparation for the impact of global warming, according to S&P Global Ratings.

S&P Global Ratings assigned negative outlooks to the five special purpose districts due to flood damage.

W. Glenn Opel, chair of Bracewell LLP’s public finance department has been elected to the board of directors of the American College of Bond Counsel, the firm announced on Tuesday.

Cindy Newton is a veteran of finance and treasury operations.

The city brings still-solid credit ratings to its pricing of bonds and certificates of obligation.

UBS Wealth Management Americas continues to fill out its re-emerging public finance practice, adding three more new-hires in Dallas, Los Angeles and New York.

Recovery from Hurricane Harvey is expected to cost state government about $2 billion over the next two years.

The $361 million student housing complex achieved less than half of its expected occupancy in its first year.