Southwest

Although oil and gas revenues remain low, Oklahoma saw signs of hope for recovery in June.

Texas reported June revenues improved from May, but still down year-over-year.

UMB claims the bonds for the Kansas hotel project are in default because the developer failed to secure a $52 million loan required by the bond indenture.

The municipal market saw a $40 billion-plus month for the second time this year, as issuers flooded the market with bond sales during the month of June.

Dallas-Fort Worth International Airport has $875 million of tax-exempt refunding deals coming up and a $`1.1 billion taxable refunding in the wings.

Municipal bond funds and ETFs saw combined inflows of $2.942 billion in the week ended June 17, ICI said.

State auditors will continue to be represented on the Governmental Accounting Standards Board after Chairman David Vaudt ends his term June 30 although not as the chairman.

Student housing projects financed through public-private partnerships face a far more lethal blow if the coronavirus pandemic prevents college campuses from opening this fall.

The city's utility enterprise received rating boosts ahead of a $318 million revenue bond deal that will price after this week's general obligation deal.

Municipals finished little changed on Tuesday in light trading activity with the summer seeming to settle in.