Southwest

Allen Independent School District in Texas has closed its 2-year-old, bond-financed $60 million Allen Eagle Stadium after discovering cracks in the concrete concourse.

Moody's Investors Service downgraded Bowie County, Texas, to A3 from A1 in advance of a tax rollback election.

A second lawsuit seeks to block tax incentives for a controversial $824 million Gaylord Rockies resort hotel.

The city of Wichita will need about $10 billion more than currently planned to maintain its infrastructure over the next decade, according to a committee report.

Garland Independent School District in suburban Dallas has decided to postpone a $400 million bond election until November, officials said.

Of the seven states taking water from the Colorado River, Arizona would face the greatest hardship in the event of a shortage allocation, according to a report from Moody's Investor’s Service.

A new toll agreement provides $300 million of state financing for a North Texas Tollway Authority project.

The Texas Society of Certified Public Accountants is urging the chairmen and ranking minority members of the congressional tax-writing committees to make the deduction for state and local sales taxes permanent.

With refunding opportunities fading, municipal bond volume in the Southwest region fell 13% from 2012 to $56 billion in 2013.

A citizens bond committee has recommended a $289 million bond proposal for Round Rock Independent School District in suburban Austin.