Southwest

Facing a $900 million shortfall, Kansas Gov. Sam Brownback is proposing a combination of tax increases, cuts in transportation and pension funding and the sale of tobacco settlement securitization bonds.

Dallas’ unresolved Police and Fire Pension crisis brought another downgrade Wednesday as S&P Global Ratings dropped the city to AA-minus and retained a negative outlook.

As the 2017 Colorado General Assembly gets underway, one measure lawmakers are expected to consider is a sales tax increase for a $3.5 billion transportation and infrastructure bond program.

For the fifth straight year, Oklahoma lawmakers will begin the budget process with lower revenues than the previous year as the state's energy slump continues.

Failure of the Texas Legislature to create a new framework for Dallas’ failing Police and Fire Pension Fund would likely bring a downgrade to the city’s AA credit rating, according to Fitch Ratings.

Texas lawmakers will have 2.7% less revenue for the next two-year budget compared to the current biennium, Comptroller Glenn Hegar announced.

As President-elect Donald Trump lays the groundwork for a “great wall” on the Mexican border, Texans weigh the impact of his protectionist ideas on a trade-fueled economy.

Extending a temporary sales tax to keep Arkansas roads in good shape preferred by voters in new statewide funding study.

Afflicted with a pension crisis that has lowered credit ratings, the Dallas City Council informally agreed to postpone an $800 million bond election that had been expected in May.

With revenues down slightly in 2016, Texas saw sales taxes turn positive in December, rising 4.9%, according to Comptroller Glenn Hegar.