Southwest

Court ruling that the state school funding formula is unconstitutionally flawed could lead to stronger credit ratings for local school districts.

The Houston City Council last week approved a lease agreement between William P. Hobby Airport and Southwest Airlines, clearing a path for Southwest's first international flights.

Tulsa County Independent School District Number 1 is holding public hearings on a proposed $38 million bond program focusing on technology.

Floor debate may begin this week on Gov. Sam Brownback's tax plan following approval by a key Senate committee.

Proposed legislation would cap increases in state general fund spending to 3% a year except in emergencies.

Managed lanes are the way of the future for transportation finance in Texas, but some experts question how far high-speed tollways can go toward closing highway revenue gaps.

January's extension of federal tax cuts will not lower Oklahoma fiscal 2014 revenues as had been feared earlier.

Fitch Ratings believes a state district court ruling earlier this month that Texas' school finance system is unconstitutional may ultimately result an increased funding and financial flexibility for school districts in the state, strengthening their credit profile.

Austin Independent School District is expected to ask voters for $898.4 million of GO bonds on May 11.

Southwest bond issuance volume rebounded 53% to $64.5 billion in 2012, according to Thomson Reuters data, with prospects for continued stability in the current year.