Texas

With the vote on a $74 million bond to benefit Red Oak ISD on the horizon, district officials will hold a second town hall meeting Thursday evening.

The tourism, hospitality and culinary arts program at St. Philip's College has a reputation that precedes it -- graduates go on to work for top restaurants in a city with a respected food scene.

When the Midland City Council approves the recommendation to pay off the debt related to the construction of the Scharbauer Sports Complex, the city will have paid more than $65.4 million in principal and interest.

Katy ISD's bond process is officially underway.

East Texas Medical Center, one of the largest healthcare providers in the region, slipped two notches to B3 from B1 on the Moody's Investors Service as prospects for default.

San Antonio’s CPS Energy will issue $307 million for improvements to its grid, including installation of smart meters, development of microgrids and diversification of fuel sources.

While some states celebrated President Trump's reversal of the Clean Power Plan and others filed lawsuits, public utilities are expected to continue moves away from coal.

Texas highway commissioners have added 230 projects costing $9 billion to the state’s 10-year road plan.

A $217.7 billion budget that would require more local revenue for school funding won unanimous approval from the Texas Senate. The budget must now be reconciled with the House version.

The public finance team at the Houston law firm of Bracewell expects to increase its appeal to bond issuers after adding former SEC attorney Edward Fierro and rising in the ranks of bond counsel in 2016.

Texas lawmakers need to face four areas where long term liabilities are growing, including the funding level of its public pensions, said state Comptroller Glenn Hegar.

Moody’s Investors Service retained a negative outlook on Catholic Health Initiatives $5.7 billion of rated debt after lowering the healthcare giant to Baa1 from A3. The downgrade comes less than a month after a similar move by S&P Global Ratings.

A bill requiring a vote on $1 billion of pension bonds is a “poison pill” that could derail Houston’s efforts to restructure its debt to city employees, Mayor Sylvester Turner said.

A potential budget wall between TxDOT and a proposed bullet train could halt the $12 billion project.

The cost of health care in Texas is rising faster than both the general inflation rate and the growth of the state's population, but state leaders have provided little guidance on how to address major changes that may be coming this year.

Texas Lawmakers would reduce voter-approved funding for the Texas Department of Transportation by $2.3 billion under a proposed resolution by the state House’s chief budget writer.

With doubts over the future of tolling in El Paso, the Texas city's designated toll authority will issue $35 million of revenue bonds backed by vehicle registration fees this month.

The Texas Department of Transportation will dedicate an additional $2.5 billion for 19 new projects aimed at relieving congestion in the major metro areas if the supervisory Texas Transportation Commission approves.

The San Antonio Water System is facing its first audit by the Internal Revenue Service in years, as the IRS examines the tax-exemption on $83 million of bonds.

Issuers in California and Texas accounted for more than one-third of S&P Global’s public finance ratings upgrades last year.