Southwest

Houston Mayor Sylvester Turner wants to issue $1 billion of bonds as part of a comprehensive 30-year plan to rein in the city’s ballooning pension liabilities.

Oklahoma’s pension fund investments are among the nation’s worst performers, with some turning negative in the last fiscal year, according to state Treasurer Ken Miller.

Central Texas transportation planning agency is looking into a proposed aerial tramway system in Austin.

With its fiscal year completed Aug. 31, Texas came up 1.3% short of revenue estimates used to budget for fiscal year 2016, state Comptroller Glenn Hegar reported.

Oklahoma Treasurer Ken Miller sees no immediate signs of a turnaround as state revenues fall for the 18th straight month in August.

Bonds for three private prisons in Texas suffered downgrades well below junk-bond status from S&P Global Ratings after the U.S. Department of Justice announced plans to discontinue their use.

Kansas revenues continued to fall below forecast in August, running 2.3% or $10.2 million short of expectations.

The Texas Water Development Board expects the market to quickly absorb its $711 million of top-rated revenue bonds.

Caught up in a dispute between county tax appraisers and the bankrupt owner of a nuclear power plant, a tax-supported hospital district in Glen Rose, Texas, has defaulted on its debt payment, according to a disclosure notice.

Dallas County Judge Clay Jenkins’ advocacy for two Dallas-based bond firms in a $168 million issue led to accusations of interference in a process designed to avoid political influence.