Southwest

Local voters across Texas will face a light menu of bond proposals in May after school districts, cities and counties agreed to bring $4.8 billion to the ballot.

A broad ruling by the Colorado Court of Appeals in a case of a developer’s egregious fraud has sent lawyers to the state’s General Assembly for legislation to protect existing special districts that issue tax-exempt bonds.

Five days after Kansas lowered its revenue estimates for the current and coming fiscal year, Standard & Poor's placed the state's AA rating on its watch list for a possible downgrade.

A $3.4 billion project designed to deliver water to the San Antonio Water System is facing delays after Abengoa S.A., the company hired to build the 142-mile pipeline, filed for bankruptcy.

Odessa, Texas took a one-notch downgrade, following in the footsteps of its Permian Basin sister city of Midland.

California is the least prepared to weather a recession of the four most populous states, according to a Moody’s Investors Service fiscal stress test.

A revised revenue estimate that is $229 million below previous forecasts will delay highway projects and force other state spending cuts, Kansas officials said.

Citing “persistent and large operating losses,” Standard & Poor’s downgraded Catholic Health Initiatives one notch to A-minus and retained a negative outlook.

While the key oil production states of Oklahoma, North Dakota and California have all been hit hard by the drop in crude oil prices, the impact varies at both the state and local government level, Moody’s Investors Service says.

The West Texas oil capital of Midland, Texas, saw its Moody’s rating cut to Aa2 from Aa1 with an outlook that remains negative.