Southwest

The biggest-ever bond referendum in Texas was passed Saturday for Dallas schools, while voters in only one city chose to leave Dallas Area Rapid Transit.

Fitch, Moody's, and S&P were sent a letter from 23 GOP state attorneys general over the use of ESG factors related to fossil fuel in negative rating actions.

Debt requests are escalating as the Lone Star State accommodates a growing population and addresses aging infrastructure.

The state Supreme Court's ruling comes in a case that targeted the 2022 issuance of nearly $687 million of ratepayer-backed bonds for a utility company.

The Arlington City Council approved a master agreement to fund ongoing maintenance, operation, and improvements at the city-owned NFL stadium.

The city council amended an ordinance dealing with police interaction with federal immigration enforcement to prevent a $114 million funding loss.

The Texas city's latest projection for the onset of a Level 1 emergency comes as water woes spurred rating downgrades and negative outlooks since last fall.

The Middle East conflict sent oil prices higher, potentially benefitting energy producing states, although heightened inflation risks could hit budgets.

Otero County said the state Supreme Court's decision protects bonds that are paid off with revenue generated under an agreement with the federal agency.

Austin and Dallas joined Houston in being warned that millions of dollars in state grants are at risk over federal immigration enforcement interaction policies.