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LAS CRUCES, N.M. -- Las Cruces city councilors on Monday turned down a proposal to send a three-project, $10 million package of General Obligation bonds to voters in a November election.
June 20 -
SANTA FE, N.M. -- It's an odd way to come up with cash.
June 12 - Texas
Building Trumps wall on the Mexico border could raise costs for other projects in the border region by impacting material and labor prices.
February 27 - New Mexico
New Mexico Gov. Susan Martinez's signature on Senate Bill 114 is a negative credit factor for the state's schools, according to Moody's Investors Service. The bill reduces state aid by 2%.
February 7 -
Most of the oil states have gone into recession, S&P Global Ratings said in a new report.
January 24 -
Otero County, N.M. disclosed the IRS said its bonds did not comply with tax requirements.
December 12 - New Mexico
Two weeks after New Mexico lost its triple-A rating from Moody's Investors Service, New Mexico took a one notch downgrade from S&P Global Ratings to AA with the outlook remaining negative.
November 10 - Texas
A $500 million bond issue for a new Major League Baseball stadium in Arlington, Texas, a $720 million transportation issue in Austin and a record amount of school bonds in Colorado were among the winners in Tuesdays elections in the Southwest.
November 9 - New Mexico
A special session of the New Mexico Legislature that cut nearly $371 million of spending to keep pace with falling revenues created a negative credit factor for public education, according to Moody's Investors Service.
October 31 - New Mexico
New Mexico has fallen from the ranks of Moodys Investors Service Aaa-rated states due to shrinking reserves and falling revenues.
October 26