Colorado

The Internal Revenue Service is auditing $35.3 million of Series A clean water revenue bonds issued by the Colorado Water Resources and Power Development Authority in 2007.

The first state sales tax on recreational marijuana cleared the Colorado General Assembly, with the first $40 million wholesale tax revenue directed to a bond program for school construction.

Colorado's $20.5 billion budget signed into law this week by Gov. John Hickenlooper provides $188 million for capital construction that is expected to be funded by bonds.

Ratings agencies are awaiting details on the debt structure of the combined St. Luke's Episcopal Health System of Texas and Colorado-based Catholic Health Initiatives before issuing an opinion on the $2 billion deal.

Denver Public Schools will convert all of its variable rate debt to fixed rate and pay $129 million in swap termination fees with proceeds from a $529 million deal expected to go to market Wednesday.

Colorado's Regional Transportation District plans to issue $225 million of certificates of participation this month as its $7.9 billion FasTracks rail and bus network achieves major construction milestones.

The IRS is auditing $356.2 million of revenue refunding bonds issued by the Denver, Colo., Convention Center Hotel Authority in May 2006.

Colorado Springs has approved refunding $110 million of combined utility system revenue bonds as the city studies the possibility of selling or leasing its electric power system to a private operator.

Southwest bond issuance volume rebounded 53% to $64.5 billion in 2012, according to Thomson Reuters data, with prospects for continued stability in the current year.

Colorado developer Zach Davidson has been indicted on 20 counts of misusing public funds from a $31 million bond issue designed to finance an upscale housing development in affluent Greenwood Village.

The National Hockey League's lockout of its players, if not resolved, could impact ratings for the Staples Center arena in Los Angeles and the Pepsi Center in Denver, according to Fitch Ratings.

Some California cities and counties acting as the successor agencies to their former redevelopment agencies defied a Friday deadline to hand over millions of dollars.

Colorado's Regional Transportation District will have about $896 million in unused debt authorization for its FasTracks transit program after this week's issue of $446.3 million, according to estimates.

State and local governments across the Southwest await the outcome of billions of dollars of tax and bond propositions on ballots Tuesday, topped by a $1.9 billion school bond referendum in Houston.

Catholic Health Initiatives of Colorado will carry $6 billion of debt after this week's issue of $1.5 billion of taxable bonds to expand its network, a fact that cost the health-care giant a downgrade from three ratings agencies.

Denver plans to price $700 million of revenue bonds Wednesday to build an airport hotel that will adjoin a commuter rail line linking passengers to downtown's Union Station.

Colorado State University will build a $250 million stadium on its Fort Collins, Colo., campus if promoters can raise half that amount through voluntary contributions, CSU President Tony Frank announced Monday.

Colorado State University is seeking to join the list of colleges and universities that have recently built or plan state-of-the-art football stadiums, despite studies showing the financial risks.

Voters in 29 Colorado school districts will decide on about $1 billion of bonds and property tax increases Nov. 6.

The University of Colorado Hospital Authority will issue $290 million of bonds this week to add Memorial Health System of Colorado Springs to its new statewide network in a deal nearly sidelined by a lawsuit over pension programs.