Southwest

Houston Community College System Trustees approved a $425 million bond referendum.

San Antonio police found no wrongdoing after investigating allegations against the firm that manages the bond program of Harlandale Independent School District.

The Austin City Council split 3 to 3 last week on whether to approve a general obligation bond referendum in November of $385 million or to ask for $400 million instead.

Revenues from a 1.5% sales tax in Del City, Okla., that is up for renewal on Aug. 28 would fund the demolition of an old police station in order to build a replacement fire station.

An Oklahoma school district will ask voters on Aug. 28 to authorize $12.7 million of general obligation bonds after a $49.5 million bond referendum failed.

Tempe, Ariz., brought in $81.9 million from the local sales tax in fiscal 2012, the first time annual sales tax revenues topped $80 million since fiscal 2007.

Voters will consider the largest school bond issues in Texas history after the Houston Independent School District board of trustees agreed to place $1.9 billion on the November ballot.

The Ector County, Texas, Independent School District is preparing a $129.8 million bond referendum for November. The district, which serves the city of Odessa, is experiencing population growth from oil and gas activity in the energy-rich Permian Basin.

The New Mexico Finance Authority board held another emergency meeting Thursday after its chief operating officer and former controller were arrested in connection with a fake audit that brought agency debt issuance to a halt.

The YMCA of Greater Houston is in danger of losing its investment-grade rating from Moody's Investors Service due to terms in a letter of credit from Bank of America, analysts said.