Southwest

Moody's Investors Service has put $220 million of economic incentive bonds on review for a possible downgrade over uncertainties from falling state income tax collections.

Top legislative leaders back a measure authorizing $125 million of state general obligation bonds for a steel mill project in northeast Arkansas.

Arkansas will save almost $700 million through a private insurance option in an expansion of the Medicaid program, a report said.

Colorado's Regional Transportation District plans to issue $225 million of certificates of participation this month as its $7.9 billion FasTracks rail and bus network achieves major construction milestones.

A $2 billion bond program for water projects in drought-stricken Texas won nearly unanimous approval in the state House of Representatives with strong support expected in the Senate.

Moody's Investors Service is considering a downgrade on $1.1 billion of P3 turnpike debt in Texas to non-investment grade.

Brownsville, Tex., will refund $114.5 million of revenue bonds as it lays the groundwork for a pipeline system connecting the city to a proposed investor-owned power plant.

Kansas legislative negotiators will wait until April for an updated revenue estimate before resolving differences between competing two-year budget bills.

The IRS is auditing $356.2 million of revenue refunding bonds issued by the Denver, Colo., Convention Center Hotel Authority in May 2006.

Dallas-Fort Worth International Airport is expected to become one of the nation's most indebted airports with $737 million of revenue bonds for its terminal remodeling project, helping prompt a Moody's downgrade.