Southwest

San Antonio voters will get to decide the future of light rail next May in a charter election approved by the City Council.

Kansas revenues were 1% or $4 million below projections in August, though higher than the same month last year, officials said.

Denver's highly-regarded National Jewish Health system has lost its Standard & Poor's investment-grade rating, falling to BB-plus from BBB-minus.

Texas A&M University regents have approved $115 million of bond funding for renovation of nine dormitories serving the military Corps of Cadets.

The Municipal Advisory Council of Texas is allowing issuers to post their IRMA representations on its website to help obtain information from financial services firms without violating Securities and Exchange Commission's municipal advisor rule.

Texas voters will decide in November on a constitutional amendment that could boost state highway spending by $1.7 billion a year.

A more than $700 million dollar deal that RBC Capital Markets executed in New Mexico earlier this month is has raised the eyebrows of some market participants, who think the firm's municipal advisory relationships with several New Mexico cities created a conflict of interest when it underwrote the deal for a power authority run by those municipalities.

Combined proposals from Texas issuers in November come to about $6.6 billion, with Austin leading the way with about $1 billion.

The municipal market should benefit from the Securities and Exchange Commission's prosecution of Kansas for inadequate disclosure of faltering pension obligations, according to Moody's Investors Service.

A seven-member panel studying high-speed rail service in north Texas plans to seek federal funding to begin development of a line between Austin and Fort Worth.