Richard Williamson

DALLAS — Fitch Ratings downgraded Dallas-Fort Worth International Airport to A-plus from AA-minus as it prepares to issue $301 million for its $2.7 billion terminal renovation program.

DALLAS — Dallas-Fort Worth International Airport will issue the first $301 million of revenue bonds this week toward a $2 billion renovation of the original terminals that opened 36 years ago.

DALLAS — San Antonio’s CPS Energy is planning its fourth and largest issue of Build America Bonds on Thursday as it faces an Internal Revenue Service audit of a previous BAB deal.

DALLAS — The Texas economy received a vote of confidence Thursday in a special report from Standard & Poor’s, despite a growing budget shortfall in the coming year.

DALLAS — Tempe lost its Aaa rating from Moody’s Investors Service Tuesday due to falling revenues and the ongoing economic decline that has forced Arizona state and local governments to cut spending.

DALLAS — The University of Colorado Board of Regents enjoyed a good market response Tuesday to a $95 million issue that included taxable and tax-exempt debt, said associate treasurer David Solin.

DALLAS — The Lower Colorado River Authority in Central Texas anticipates savings of about 10% when it goes to market with $400 million of refunding revenue bonds Wednesday.

DALLAS — Even with ratings at the low end of investment grade, Colorado’s E-470 Public Highway Authority sees an opportunity for favorable interest rates on a $105 million toll revenue bond refunding this week.

DALLAS — In the last quarter of this year, Arizona cities will face lasting decisions on how much they value sports franchises in a struggling economy.

DALLAS — A nonprofit corporation responsible for heating and cooling 13 million square feet of space at the Texas ­Medical Center in Houston will issue $52 million of revenue bonds to keep pace with the growing campus.

DALLAS — The City and County of Denver is aiming to take advantage of low interest rates and its top credit rating with the competitive sale of $45 million of general obligation bonds and a $40 million refunding of certificates of participation.

DALLAS — Three ballot initiatives that would drastically curtail the ability of Colorado state agencies and local governments to issue debt are winning little support from voters, according to the first public polling on the issue.

DALLAS — Standard & Poor’s and Fitch Ratings downgraded the Utah Transit Authority’s debt as it prepares to issue $200 million of Build America Bonds.

DALLAS — After successfully pricing $825 million of revenue bonds Monday to expand its light-rail system, the Dallas Area Rapid Transit board turned its attention Tuesday to a $1.26 billion budget requiring job cuts and service reductions.

DALLAS — The Arizona Transportation Board will complete its pricing of $180 million of revenue bonds Tuesday in a deal that will finance construction of highways in Maricopa County, including Phoenix and its suburbs.

DALLAS — Bond dealers who claim the role of market maker in the pricing of municipal securities can run afoul of regulators unless they qualify with the Securities and Exchange Commission, warned Malcolm Northam, director of fixed-income ­securities at the Financial Industry ­Regulatory Authority.

DALLAS — Facing a budget deficit that could run as high as $257 million, the Colorado Legislature must cut spending by at least $189 million before the end of the fiscal year on June 30, according to state economists.

DALLAS — In a year when Texas school districts are celebrating record-low interest rates and the return of the triple-A bond guarantee from the Permanent School Fund, officials are contemplating voters’ appetite for new debt.

DALLAS — Amid slowing growth in its service area, Arizona’s Salt River Agricultural Improvement and Power District will issue its first Build America Bonds next week as part of a $750 million deal.

DALLAS — After years of struggling to keep up with a rapidly growing state population, the Arizona School Facilities Board goes to market this week with $100 million of certificates of participation and something entirely new — school enrollments that appear to be leveling off.