Texas

The finance team for Dallas-Fort Worth International Airport had to outwit the airlines and bypass the public to get the project, now celebrating its 40th anniversary, off the ground.

Fast-growing Frisco Independent School District in suburban Dallas may ask voters to approve $758 million of bonds to build new schools.

Fort Worth Independent School District issued the first $123 million from a $490 million bond authorization approved by voters last November.

The Internal Revenue Service has closed an audit of $21.13 million of tax-exempt contract revenue refunding bonds issued by the Canyon Regional Water Authority in Texas in 2006 with no change to the bonds' tax-exempt status. However, it advised the authority that it had not completely filled out an IRS form.

U.S. Transportation Secretary Anthony Foxx lent his support to Texas' high-speed-rail plans at the annual Texas Transportation Forum.

Texas sales tax revenue rose 3.9% in December to $2.25 billion compared to December 2012 but fell below November's record $2.41 billion.

Texas Department of Transportation chief financial officer James Bass will become interim executive director with the departure of Phil Wilson.

The Internal Revenue Service has preliminarily concluded that $35.38 million of bonds issued in 2008 by the Burnet County, Tex. Public Facility Corp. to finance a jail are taxable.

Catholic Health Initiatives' plan to invest $1 billion in Texas healthcare includes a new hospital.

The University of Texas System will open the new year with $240 million of top-rated Permanent University Fund bonds to refund commercial paper.

Alvin Independent School District near Houston will take advantage of low short-term interest rates with $103 million of soft-put variable rate bonds.

After years of negotiation and political upheaval over financing a $150 million entertainment center, the city of Irving, Texas, is ready to issue $35 million of revenue bonds for the project.

Standard & Poor's placed nearly $1 billion of certificates of participation for four transit systems on its watch list Monday based on its new ratings criteria.

Houston is considering building a new law enforcement headquarters that could cost up to $500 million.

Heavily used roads in Texas' energy-producing regions will get $150 million for repairs and improvements.

El Paso Water Utilities will refund $70 million of debt after an upgrade from Standard & Poor's to AA-plus from AA.

Former Bear Stearns banker Chol-Su "Chris" Pak was sentenced to three years of probation and a $20,000 fine for his part in a massive El Paso County corruption scandal.

The Texas Department of Transportation is preparing to open a 15-mile section of the Grand Parkway toll road around metropolitan Houston.

FirstSouthwest is protesting against "restrictive" conditions included in a request for quotations issued by the Greater Texoma Utility Authority in Texas, which said it will only consider proposals from a financial advisor that is independent from a broker-dealer.

After a lengthy search, Texas Tech University has decided to keep interim chief financial officer Noel Sloan on a permanent basis.