Richard Williamson

With its largest U.S. project recently completed in Dallas, the nation’s top builder of private toll roads is preparing to pitch Colorado on a major redevelopment of Interstate 70 in metro Denver.

The affluent North Dallas suburb of Frisco, Texas, will share debt service with the Frisco Independent School District and a conduit issuer on $39 million of sales tax revenue bonds to improve a professional soccer stadium for the FC Dallas team.

The Texas Water Development Board plans to issue $886 million of bonds to fund a new program to fund water projects across the Lone Star State.

Falling oil prices caused Texas sales tax revenues to sag in August, bringing the state’s income slightly below projections for the 2015 fiscal year, Comptroller Glenn Hegar reported.

The University of Oklahoma Board of Regents is going to market with $245 million of taxable and tax-exempt bonds for improvements to the football stadium, its residential colleges and a parking garage, after Fitch & S&P downgrades.

With upgrades from two rating agencies, the North Texas Tollway Authority expects another reduction in its debt service costs with $744 million of refunding bonds, according to chief financial officer Horatio Porter.

One of the newest entrants in the Texas charter school movement did not wait to qualify for the state's triple-A PSF guarantee, selling $111 million of unrated bonds to buy six campuses.

Revenue bonds issued by Arlington, Texas, to help finance a $1.3 billion stadium for the Dallas Cowboys earned a Standard & Poor's upgrade to A-plus due to improved debt-service coverage.

A new limit on capital appreciation bonds in Texas is a positive credit factor for local governments, particularly school districts, according to Moody's Investors Service.

A consultant's report shows that earnings for Oklahoma's seven public pension funds fell steeply from the previous year. State Treasurer Ken Miller said the drop was not unexpected but should guide policies in the future.

Arkansas reported August revenues of $421.4 million, a figure that exceeds collections the same month last year by 5.5% and outpaces projections by 6.7%, according to the state Department of Finance and Administration.

Kansas revenues ran about $30 million or 6.8% below projections for August, according to state budget director Shawn Sullivan.

A water supply district created to serve the parched oil hub of Midland, Texas, has taken a two-notch downgrade from Standard & Poor's to AA-minus due to weaker financial performance, according to analyst James Breeding.

Texas voters will consider more than $8.7 billion of local bond proposals Nov. 3 while weighing another $2.5 billion for transportation funding statewide, according to final tally of ballot items.

Already outpacing all other issuers in the Southwest this year, the Texas Transportation Commission is going to market with $1 billion of triple-A-rated bonds.

The oil and gas industry is pressing Congress to permit exports of crude as prices remain at the lowest since the 2008 global financial crisis. The campaign comes as Houston and other energy dependent credits face growing pain from the falling prices, according to Fitch Ratings.

Fast-growing Montomery County north of Houston will vote again on $280 million of road bonds that were defeated in 2014, county commissioners decided.

Under a new law going into effect Sept. 1, Texas governments can no longer issuer certificates of obligation for a project if voters have rejected a bond proposal within the previous three years.

Favorable demographic trends and increases in funding will give Texas colleges and universities an advantage over systems in other states, according to a report from Moody’s.

Bracewell & Giuliani partner Shamoil T. Shipchandler will head the Fort Worth regional office of the Securities and Exchange Commission beginning in October, the agency said.