Southwest

Craig General Hospital in northeastern Oklahoma continues to operate after filing for bankruptcy protection.

Williams, Ariz., the "Gateway to the Grand Canyon," is developing plans for a theme park that could cost $400 million and help the town of 3,023 capture more revenue from the more than 4 million visitors to the canyon each year.

Texas A&M University will take advantage of its top credit rating in a competitive sale of $289 million of Permanent University Fund bonds.

Williams, Ariz., the self-proclaimed “Gateway to the Grand Canyon,” is working on a plan to sidetrack tourists to an amusement park and railroad museum that could be financed with $400 million of revenue bonds.

The Internal Revenue Service is expected to challenge the Scottsdale Municipal Property Corporation’s allocation of some its 2013 bonds to refinance a lease agreement in connection with to a garage adjacent to the largest luxury shopping mall in Arizona.

The Texas Senate has approved a $4.6 billion reduction in school property taxes under a bill by Sen. Jane Nelson. The Texas House is considering an even larger $4.8 billion tax break.

Standard & Poor’s downgraded the Willacy County Local Government Corp. to a junk-bond rating of CCC-plus from an investment grade BBB after a $78 million bond-funded detention center lost its operator in the wake of an inmate revolt.

For the third time in three years, Phoenix voters will be asked to approve changes in the city’s pension formula in hopes of making the retirement system more sustainable.

Utah Gov. Gary Herbert called for negotiations on a plan to expand Medicaid that would be approved in a special session of the state Legislature.

Amid a search for a new superintendent, Fort Worth Independent School District will take $271 million of bonds to market for new projects and refunding.