Texas

Despite Hurricane Harvey's arrival, Texas's monthly sales tax revenue rose 10.4%, according to state Comptroller Glenn Hegar.

Port Aransas, Texas, was placed on watch list for a possible downgrade after sustaining damage from Hurricane Harvey.

One city has been placed on credit watch as a clearer picture of the storm's damage emerges.

The Texas Water Development Board priced $1.2 billion of triple-A-rated bonds.

The firm, which returned this year to public finance, hired five bankers in Texas, Florida, Illinois and New York.

RBC Capital Markets announced today the addition of Steve Fortenberry as a vice president in the firm’s K-12 practice of the Texas municipal finance group.

The toll revenue bond deal will put the authority's debt under one indenture.

Texas Water Development Board Chairman Bech Bruun discusses the board’s upcoming $1 billion bond sale - the largest deal it has ever done. Bech also talks first-hand about the Hurricane Harvey recovery efforts in Houston and what state leaders are planning to do to minimize the effects of flood and wind damage in any future events. Hosted by Aaron Weitzman.

The Texas Water Development Board is planning the largest bond issue in its history as it also deals with the impact of Hurricane Harvey.

The system reported strong investor demand for $350 million of taxable debt earlier in the week.

Municipal utility districts in the Houston area were well stocked with cash before the storm hit, analysts said.

The storms force us to consider the value of public assets in everyday life, the prospects for rebuilding with municipal financing, and the effects on credit quality.

Investor-owned utilities are recovering quickly from the storm, the rating agency said.

The immense financial impact of the storm is becoming apparent.

The UT system will offer investors a choice of taxable or tax-exempt debt as it prices $600 million of bonds.

The short-term fiscal impact of Hurricane Harvey on public entities in Texas and Louisiana will be mitigated by their financial flexibility and support from federal and state governments and private insurance policies, Fitch Ratings said.

A group of district volunteers, parents and Latino community leaders fighting against possible closures of East Austin schools are creating a political action committee and threatening to oppose the Austin school district's $1.1 billion bond package that will go before voters in November.

A full assessment of Hurricane Harvey's impact to municipal credits remains weeks away as Houston and southeast Texas continue battling high waters.

A $72.9 million bond package will be on the ballot for voters in the Aledo Independent School District this November.

The Greater Austin Chamber of Commerce on Thursday endorsed the Austin school district's $1.1 billion bond proposition that will go before voters in November.