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At least two issuers recently redeemed or said they are planning to redeem bonds issued to finance detention facilities because of private use. One redemption was required under a settlement between the issuer and the Internal Revenue Service and the other was triggered by provisions in the offering document.
October 24 - Texas
Plans to issue $39.5 million for a performing arts center bring a downgrade to the Sugar Land Development Corp.
October 24 -
Good Shepherd Medical Center faces another possible downgrade on its junk-bond rating from Moody's Investors Service after missing a deadline to sell assets, analysts warned.
October 23 -
A new train station in downtown Dallas may be the northern terminal of a 240-mile privately financed high-speed rail line to Houston.
October 22 - Texas
Containment of the Ebola virus in the U.S. could minimize financial impact on U.S. healthcare providers, but continued spread would raise a large number of unknowns, Standard & Poor's reports.
October 22 -
Colorado lawmakers did not violate the Colorado constitution by reducing cost of living adjustments for retired public employees, the state Supreme Court ruled.
October 21 - Texas
Dan Patrick, the frontrunner in the race for Texas lieutenant governor, has announced plans to raise sales taxes to offset a reduction in property tax rates.
October 21 - Texas
Texas officials like DeWitt County, Texas, Judge Daryl Fowler are riding a boom from oil and gas drilling but know from experience that a "Texas Miracle" can quickly turn into a mirage.
October 20 -
Three New Mexico school districts are suing the state to boost funding that ranks among the lowest in the nation per pupil.
October 17 -
Moody's Investors Service shifted its outlook on Texas Health Resources to "developing" from "positive" after its Dallas hospital's handling of the nation's first Ebola case.
October 17









