Southwest

Arizona's Salt River Project, one of the most highly rated credits in the public power sector, plans to issue $833 million of revenue bonds, an amount that could grow based on market demand.

A year after fire closed the Martin Drake Power Plant in the heart of Colorado Springs, the coal-powered plant is back in operation and producing a third of the city’s power, officials said.

At least eight school districts in Kansas closed earlier than scheduled due to state budget cuts as the state legislature looks for more ways to reduce a budget shortfall in the coming fiscal year.

Texas Comptroller Glenn Hegar asked Gov. Greg Abbott and state legislative leaders to keep the state's credit triple-A credit ratings in mind as they consider cutting taxes by nearly $5 billion.

More than $1.2 billion of the $5.4 billion of bond proposals on Texas ballots went down to defeat in local elections May 9.

Arizona will not need to use its rainy day fund to balance the budget after April revenues came in much stronger than expected, officials said.

Plans to close LaMarque Independent School District near Houston have been placed on hold, prompting an update on the district’s A-minus underlying rating from Standard & Poor’s.

An 8.2% increase in income tax receipts kept Oklahoma revenues positive despite the continued weakness of oil and gas income.

Fast-growing areas of Texas are seeking $4.8 billion of bonds for cities, schools and special districts as legislators in Austin deliberate on funding priorities for local governments.

To finance a major expansion, the Texas Children’s Hospital will issue $354 million of debt, including fixed and variable rate bonds.