Texas

Plano, Texas City Council is expected to whittle down a proposed $125.3 million bond package next week that includes $43 million for streets and $42 million for parks.

The Texas Transportation Commission plans to develop a major Dallas-Fort Worth freeway as a tolled public-private partnership and is re-issuing a request for qualifications for a similar project at an adjoining highway.

Travis County voters may decide in November on whether to issue GO bonds for a $343 million civil courthouse in downtown Austin.

Texas Gov. Rick Perry called for a constitutional amendment that would allow $1.8 billion in tax relief and a budget that would use $3.7 billion from the rainy day fund for water and transportation projects.

Trustees of Ector County Independent School District have approved the mid-February sale of $129.8 million of GO bonds approved in November 2012.

Kyle voters are expected to decide in May on up to $35.3 million of city general obligation bonds to finance road reconstruction in the town near San Antonio

Moody's Investors Service is maintaining a negative outlook on Bexar County's Aaa rating based on the San Antonio area's dependence on federal spending.

The University of Texas System will seek authorization for $1.1 billion of state tuition bonds for 16 projects at 15 campuses from the Texas Legislature.

The $3 billion of bonding authority of the Cancer Prevention and Research Institute of Texas would be stripped, except for refundings, by a measure proposed by state lawmaker.

With only one proposal for a $1 billion managed toll lanes development on Airport Freeway in the Dallas-Fort Worth area, the Texas Department of Transportation is enlarging the project and seeking more bidders.

Clear Creek Independent School District may ask voters in May to approve a $387 million general obligation bond package focused on renovating existing schools.

Houston Independent School District will tap a record $1.89 billion bond authorization Wednesday with a $301 million issue expected to be followed in two weeks with another $150 million deal.

The Austin City Council is expected to approve up to $150 million of taxable revenue bonds Thursday to build a new consolidated car rental facility and parking garage at Austin Bergstrom International Airport.

Texas lawmakers are proposing reductions in spending over the next two years, despite schools and state agencies clamoring for restoration of funds cut in the last legislative session.

Austin Independent School District may ask voters to decide in May for $889.9 million of GO bond authorization to finance a capital plan that focuses on enrollment growth.

Bills filed last week by a key lawmaker would take $2 billion from the state’s $8.8 billion Rainy Day Fund to finance a revolving bond program for local water supply efforts.

Sales tax revenues in December totaled $2.17 billion, Comptroller Susan Combs said last week, with growth in construction and manufacturing.

The Texas Department of Transportation needs $4 billion from the current session of the state legislature to keep up with infrastructure needs in the rapidly growing state, officials said.

Texas colleges and universities are seeking $3.6 billion of bond authority under a bill introduced by state Sen. Judith Zaffirini. Requests for tuition revenue bonds in the previous session failed amid deep budget cuts.

El Paso, Texas, will file a bond validation lawsuit in state district court seeking an OK for its plans to issue $50.4 million of bonds for a downtown baseball stadium.