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Escalating costs, particularly for wages, could strain budgets or drain reserves, the rating agency said.
July 12
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With the third quarter officially under way, municipal bond experts say the tax-exempt market is poised for better performance and stronger market technicals ahead in the second half.
July 11
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Legislative leaders said they agreed to an $18 billion package that includes a reduction in school property taxes and a higher homestead exemption.
July 10
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A federal bankruptcy judge will hold a hearing later this month on appointing an independent trustee for Legacy Cares or dismissing the case.
July 10
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Most top 10 issuers for 1H are from New York and California, with three from New York and three from California.
July 10
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The rating agency said the airport has a one-in-three chance of an upgrade over the two-year outlook period.
July 5
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The city would issue short-term debt this summer and refund it as part of a long-term bond offering next year.
June 30
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With no agreement on how to structure a historic property tax cut, Gov. Greg Abbott ordered state lawmakers back for a second special session.
June 29
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State lawmakers passed bills aimed at the city's home-rule powers and a union contract impasse, as well as funding for a convention center expansion.
June 27
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As the Republican-controlled state House and Senate remain divided on how to deliver a historic tax cut, the governor vetoed dozens of bills to pressure lawmakers.
June 26
