Southwest

A Trump administration policy shift boosts a Mojave Desert water project.

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.

Hennessey, Okla., Public Schools patrons approved a $15.49 million bond issue Tuesday.

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.

Investors with holdings in municipal conduit bonds that have been the subject of recent SEC enforcement actions over fraudulent commingling of assets are suing Bank of Oklahoma Financial, which served as the trustee for many of the faulty offerings.

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.

A 15-cent increase in Kansas fuel taxes would support $264 million per year in highway projects, boosting economic activity by nearly $600 million, according to a road-building industry report.