Southwest

Two of Texas' most congested cities — Houston and Austin — are moving forward with managed toll lane projects after identifying sources of funding from the Texas Department of Transportation.

The Colorado State University System is going to the bond market for the second time this year with an $87.7 million refunding that includes taxable and tax-exempt debt.

More than half of the residential properties in Williamson County dropped in value last year, the county appraisal district said last week.

Canadian County Independent School District No. 69 will build a new elementary school and two sixth-grade centers with proceeds from $95.2 million of general obligation bonds approved by voters last week.

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.