Southwest

Texas will exhaust the $17.5 million balance from $25 million of state bonds meant for long-term repairs to its Battleship Texas exhibit simply to keep the 100-year-old vessel from sinking into the mud.

The Arizona School Facilities Board will refund more than a third of its outstanding debt with $315.4 million of taxable revenue bonds in a negotiated deal scheduled to price Tuesday.

February's 10% drop in state revenue is due to volatile income tax collections and not a cause for concern.

Tulsa voters may face two separate elections on a proposed $800 million capital improvement program.

New Mexico lawmakers adopted a 2014 spending plan next week, but Gov. Susana Martinez said she might veto the budget bill.

State senators seek more financial oversight of Kansas Turnpike Authority by merging it into Kansas Department of Transportation.

Phoenix voters approve changes in the city's pension program that could save the city $600 million over 25 years.

A $2 billion bond plan to finance water projects in Texas has won passage from a key legislative committee.

The Texas Senate is expected to begin debating a $94.1 billion budget Monday after the Senate Finance Committee unanimously approved a 7.7% spending increase over two years.

Colorado Springs has approved refunding $110 million of combined utility system revenue bonds as the city studies the possibility of selling or leasing its electric power system to a private operator.