Southwest

Both houses of the Texas Legislature debated a compromise measure to provide more than $800 million per year for transportation funding as their second special session neared the end.

Moody's Investors Service lowered its general obligation bond rating on Santa Fe, N.M., to Aa3 from Aa2, citing the state capital's pension liability.

Children's Hospital of Colorado this week will raise $200 million for new facilities with deald that combine fixed-rate bonds and direct placement of variable-rate debt.

After years of debate and controversy, the city council for the Dallas suburb of Irving approved building a $166 million entertainment center that has put the city's triple-A rating at risk.

The Internal Revenue Service is auditing $13.2 million of certificates of participation issued in 2009 by the Douglas County School District, No. RE1 in Colorado.

Arkansas will issue $500 million of 10-year bonds for highway projects in September, down from an initial projection of $1.3 billion of new debt. More pay-as-you-go financing will be used.

First contract is awarded on upgrades to a historic venue in Little Rock to be funded by a $50 million bond plan going to voters this fall.

All 40 replacement or rebuilt schools in Houston Independent School District's $1.89 billion bond program will meet strict environmental guidelines.

The San Antonio Water System will need to add about $492 million to its capital plans to upgrade leaky sewers under a $1.1 billion settlement with the Environmental Protection Agency, officials said.

Democrats in the Oklahoma Legislature oppose a potential special session on tort reform supported by Gov. Mary Fallin and GOP leaders.