Southwest

The Internal Revenue System has closed an audit of bonds issued by the board of regents of the University of Houston System in 2004 with no change to the bonds' tax-exempt status.

In a complex multi-state issue, Catholic Health Initiatives expects to price about $1.2 billion of debt for its network of non-profit hospitals.

Promoters of a $500 million bond proposal to add storm shelters to Oklahoma schools last week asked the state Supreme Court to throw out changes to the ballot question made by state attorney general Scott Pruitt.

Arkansas lawmakers approved a plan to set aside $43 million in surplus money to limit increases in teacher health premiums.

Moody's Investors Service raised the outlook on Utah Municipal Power Agency's A2 rating to stable from negative ahead of a $21.5 million revenue bond sale.

Voters in Tucson will decide on Nov. 5 whether the city can add up to $50 million to its annual spending.

Salt Lake County plans a competitive pricing Oct. 30 for about half of the $47 million of general obligation bonds approved by voters last year.

The City of Dallas hopes to improve views of the Trinity River by removing a defunct state jail.

Roughly $23 million of tax-exempt senior lien revenue bonds issued in 2003 to finance a jail may be taxable private activity bonds, an Internal Revenue Service agent has told the West Texas Detention Facility Corp.

Major colleges and universities face growing risks after boosting subsidies for sports programs, according to a report from Moody's Investors Service.