Southwest

The cities of Midland and Odessa, Texas are negotiating deals to sell wastewater for use in oil and gas extraction.

Moody's Investors Service has placed the University Medical Center Corp.'s Baa1 rating on review for downgrade after the Tucson nonprofit posted a large operating loss in the first nine months of its fiscal year.

A positive outlook from Fitch Ratings on E-470 Public Highway Authority signals a possible upgrade on the tollway's BBB-minus credit.

Kansas is not the only state to experience a steep drop in income tax revenue in May, but Democrats and Republicans draw dramatically different conclusions about the cause.

Texas is preparing to pour $1.85 billion into the bond market with issues from three state agencies in June.

Faced with rising rents around its Midtown Campus, the Houston Community College District is considering building a dormitory that more students could afford, officials said.

Texas sales tax revenues rise 8.5% in May to a record $2.45 billion, marking 50 straight months of growth, according to state comptroller Susan Combs.

The University of Arkansas System plans to issue $41 million of revenue bonds for its Fayetteville and Fort Smith campuses.

Kroll Bond Rating Agency provided its first rating for a Texas issuer and for an airport June 9, rating Dallas-Fort Worth International Airport AA-minus.

Houston would surpass the $2 billion mark in issuance for the year if it can issue the full $530 million of revenue and refunding bonds it has authorized for its water and sewer system.