Southwest

A dispute over $25 million in the state's proposed $14.3 billion budget for fiscal 2013 will close state courts for five days, Kansas Chief Justice Lawton Nuss said last week.

Voters last week approved a $66.6 million bond package for Sedgwick County Unified School District 260 with 75% in favor of the plan to build a new middle school and renovate existing facilities.

Arkansas general revenue collections totaled $508.3 million in March, up $24.5 million from March 2011 and $22.3 million more than expected and the highest ever recorded for the month.

Bond attorneys are studying a recent IRS ruling that allowed Dallas-Fort Worth International Airport to issue $1 million of bonds that were not subject to the alternative minimum tax.

DALLAS — Members of the Dallas City Council were enthusiastic last week about a plan to keep a college football game in its long-time home with stadium improvements financed by $25.5 million of certificates of obligation.

DALLAS — Oklahoma's two-year streak of monthly revenue growth was halted in March by a drop in energy production tax collections due to a prolonged fall in natural gas prices.

DALLAS - Financial accounting problems brought Surprise, Ariz., its second downgrade in a week, as Fitch Ratings lowered the Phoenix suburb's implied unlimited tax general obligation rating to A-plus from AA-minus.

DALLAS — Arizona State University will use $230 million of revenue bond proceeds for a variety of projects at its Tempe and satellite campuses.

DALLAS — Dallas would issue up to $25.5 million of 10-year certificates of obligation to upgrade the city-owned Cotton Bowl stadium under a plan outlined Monday to the City Council's budget and finance committee.

DALLAS — Kansas lawmakers will return to Topeka in three weeks to resolve differing version of the state's $14.1 billion budget proposal for fiscal 2013 after an agreement fell apart over the weekend.