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The Harris County-Houston Sports Authority's CEO was ousted and its chair faces ouster as it prices a $330 million deal to restructure its bond debt.
October 29 -
The event went on as scheduled Tuesday against a backdrop of escalating conflict between the mayor and controller, with each requesting a probe of the other.
October 23 -
Conference sponsorships targeting bond firms led Mayor John Whitmire to call for a probe into actions by Controller Chris Hollins, who denied any wrongdoing.
October 18 -
Houston and other Texas cities face financial pressure caused by weather disasters, public safety salaries and pensions, or capped property tax collections.
October 15 -
A negative outlook for the city's AA rating by Fitch Ratings follows similar action taken by S&P Global Ratings in July.
September 16 -
The mayor and controller debated the causes for the rating outlook revision to negative from stable ahead of a July city bond sale.
July 31 -
S&P Global Ratings revised the outlook on the city's AA rating to negative from stable, citing increased debt and costs from a settlement with firefighters.
July 9 -
The spending plan for the fiscal year that begins July 1 contains no tax increases or new fees and puts off finding a recurring solution for a structural budget gap.
June 13 -
The bonds are part of a proposed settlement with the city's firefighters union that would need court approval.
June 12 -
The spending plan for the fiscal year that begins July 1 would draw down the city's general fund balance to fill a budget gap that has grown to $187 million.
May 15