Richard Williamson

Oklahoma is selling a rail line that may bring passenger service to the state's two largest cities and tank cars to the "Pipeline Crossroads of the World."

Oklahoma Gov. Mary Fallin has reached agreement with state legislative leaders on a $7.1 billion budget that lowers spending by 1.4%.

Moody's Investors Service has shifted its outlook to negative on Austin's Aa2 rating for water and sewer debt as the city prepares to issue $271 million of bonds in June.

Arizona may need another two years to fully recover from the recession of 2008, according to economists at Arizona State University.

The Plano City Council has approved the largest incentive package in the city's history for the North American headquarters of Toyota Motor Co.

Virgin America will move Dallas flights to Love Field from Dallas Fort Worth International Airport.

The credit rating of Colorado Springs Utilities is expected to withstand the impact of a fire that shut down the Martin Drake coal-fired power plant, according to Moody's Investors Service.

With more than $6.7 billion on local ballots, Texas' largest school bond requests won easy passage May 10.

Texas sales tax revenue rose 5.6% to $2.27 billion in April compared to the same month in 2013, according to Texas Comptroller Susan Combs.

Moody's Investors Service lowers the University of Kansas to Aa2 in the wake of its downgrade of the state government.

Bond proposals saw mixed results in eastern Kansas school district elections May 6.

A western Oklahoma hospital that has struggled to hire doctors falls another notch below investment grade on the Fitch Ratings scale.

A Texas charter school is the first to carry a triple-A rating to the bond market, thanks to new backing from the state Permanent School Fund.

Tulsa County Independent School District gained a ratings notch to AA-minus from Standard & Poor's based on its strong reserves.

Some of Kansas Gov. Sam Brownback's former aides are under investigation by the FBI for influence peddling related to the state's $3 billion Medicaid program, according to the Topeka Capital-Journal.

An Austin transportation coalition proposes a $1.4 billion urban rail line that could appear on the November ballot after years of study.

Cost overruns at the overdue South Terminal at Denver International Airport pose "significant budget risk," according to Denver Auditor Dennis Gallagher.

Texas voters will consider approving $6.7 billion of bond issues in 83 local elections May 10, with most of the money going to schools.

Water and sewer utilities bear a financial risk if hydraulic fracturing processes used in oil and gas production lead to contamination, according to a Fitch Ratings report Friday.

Colorado spending will increase by about $2 billion under a $23 billion budget signed by Gov. John Hickenlooper on April 30.