Southwest

After four months of decline, local sales tax revenues increased 2.6% in March compared to the same month last year, state Comptroller Glenn Hegar said.

The University of Texas System will seek savings with a $134 million refunding of revenue bonds.

Arkansas revenues remained above the forecast for March as state legislators prepared to open a special session dealing with Medicaid expansion.

A federal judge approved a $20 billion settlement with BP to resolve litigation brought by five Gulf coast states over the BP Deepwater Horizon oil spill.

Texas sales tax revenues grew 2.1% in March after five months of declines, Comptroller Glenn Hegar reported.

The first inventory of Texas toll roads is a starting point for future discussions about how to reduce tolling, said an anti-toll Texas lawmaker.

Colorado Gov. John Hickenlooper’s signature on recently passed legislation will clear a path for the University of Colorado’s $168 million issue of new money and refunding bonds.

After months of seeing revenues fall well below projections, Kansas came within $1.7 million of its target for March, officials reported.

Citing strong enrollment growth and improving financial trends, Standard & Poor’s upgraded Texas Tech University System to AA-plus.

With a deadline bearing on them, Kansas legislators approved a court-mandated revision of the school funding formula designed to keep schools open in the next fiscal year beginning July 1.