Jim Watts

Central Arkansas Transit Authority has the legal ability to issue tax-exempt bonds, but not the revenue to support the debt.

Arkansas lawmakers are expected this week to adopt a $4.93 billion general fund budget for fiscal 2014.

Phoenix's 2% sales tax on food, which is set to expire in 2015, would drop to 1% in 2014 under a proposal by two members of the city council.

DALLAS – Louisiana will avoid swap termination fees through a $307 million refunding of gas and fuels tax bonds authorized by the State Bond Commission.

New Orleans Aviation Board unanimously adopted an $826 million airport modernization effort financed in part with $267.5 million of revenue bonds.

The failure of Gov. Bobby Jindal's plan to exchange the state income tax for a higher sales tax should not mean an end to the effort to terminate the tax, Treasurer John Kennedy said.

Louisiana State Bond Commission will consider a request for $1.25 billion of solid waste disposal facility bonds for a fertilizer complex in Pointe Coupee Parish.

Legislative efforts to phase out Louisiana's income tax were tabled on tax day over fears the bills would not pass.

El Paso County Hospital District will use proceeds from $152 million of certificates of obligation to build clinics and renovate a hospital in El Paso.

State tax collections were off in March, but the picture was brightened by healthy gains in the corporate income tax.

Voters turned down a tax increase to support $30 million of bonds to expand a community college campus in Hot Springs.

Lawmakers have approved a measure authorizing $125 million of state GO bonds for a large steel mill project in northeast Arkansas.

Tucson, Ariz. has appointed a task force to study how it can reduce its payments into public safety retirement systems.

Louisiana Gov. Bobby Jindal said he is open to all options to eliminate the state income tax sooner or later.

An Oklahoma Senate plan to delay a reduction of the state income tax rate for a full year will be opposed by Gov. Mary Fallin and the House leadership.

New Orleans has been ordered to pay $17.5 million plus interest to the city firefighters' pension fund for its 2012 obligations.

Louisiana Gov. Bobby Jindal ended his quest to swap the state income tax for a higher sales tax rate Monday as the Legislature convened for a two-month session.

High prices for Oklahoma natural gas are credited for the slight increase in March revenues, Treasurer Ken Miller said last week.

Gov. Susana Martinez vetoed a bill structuring the New Mexico Finance Authority because it did not go far enough in reforming the agency.

Severe storms that slammed Kansas this winter are the culprits behind March's drop in sales and income tax collections.