Southwest

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.

The Oklahoma Senate adopted a proposed constitutional amendment that would cap how much debt service could be paid each year on bonds supported from state taxes.

The State Board of Finance approved a winning bid from Williams Blair & Co. LLC of 1.775% for $137.2 million of state general obligation bonds.

Gov. Susana Martinez said she would sign the budget for fiscal 2014 after threatening to veto the spending measure over the failure of lawmakers to lower business taxes.

Two studies authorized by Legislature cast doubts on benefits from $125 million of state GO bonds for a proposed steel mill near Osceola.

Phoenix would face a $55 million revenue gap in fiscal 2014 if an emergency 2% sales tax is repealed two years before its sunset date.

Moody's Investors Service downgraded Dallas-Fort Worth International Airport's revenue bonds to A2 from A1 ahead of nearly $800 million of bonds expected to be issued in April.

Kansas lawmakers will consider a bill for $1.5 billion of state pension bonds to bolster the sagging finances of the state employee pension plan.