Southwest

Sponsors of a $1 billion rail line in north Texas said more than $535 million of federal funding is on the way.

With dozens of oil and gas company bankruptcies, energy producing states face a growing backlog of abandoned wells as revenue to fix the problems dwindles.

Unlike its neighbors, Arkansas does not tap its general revenues for transportation projects.

Dallas plans to take advantage of continuing low interest rates with a $640 million issue of water and sewer bonds that combine new money and refunding.

For the second straight year, Texas will not need to issue tax and revenue anticipation notes to manage its cash-flow needs, Comptroller Glenn Hegar announced.

The Austin City Council's transportation committee wants voters to decide on $300 million mobility bond packages.

Good Shepherd Medical Center took a three-notch downgrade to B-minus on Standard & Poor’s Global Ratings scale as the East Texas hospital struggled to maintain its Medicare reimbursements.

Oklahoma’s recently enacted budget offers positive credit factors for public schools but negative factors for higher education and the state itself, according to Moody’s Investors Service.

An Internal Revenue Service audit of $73.6 million of Series A excise revenue refunding bonds issued by the city and county of Denver in 2009 has been closed with no change to the bonds’ tax-exempt status.

A slowdown in oil exploration and production gives Texas an opportunity to repair damaged roads under a $3 billion program funded by state revenues from the industry, officials say.