Southwest

Citing three years of declining passenger counts, Moody's Investors Service downgraded Albuquerque International Sunport's senior debt to A1 from Aa3 and returned the outlook to stable from negative.

Glendale, Ariz., the once and future Super Bowl site that staked its future on professional sports, has taken a downgrade as it prepares to refund about $145 million of debt.

The trustees of the South San Antonio Independent School District voted last week to allow advertisements on its fleet of 30 school buses.

The San Antonio City Council will meet Feb. 16 to approve a final and detailed list of 140 bond-financed projects and set an election for May 12 on $596 million of general obligation bonds.

Republicans in the Oklahoma House will back only a state bond proposal to repair the deteriorating state capitol this year, despite requests for other efforts.

The Oklahoma State Regents for Higher Education will ask lawmakers for a five-year program of $54 million in annual bond sales to reduce a $271 million backlog in the state’s endowed chair program.

The Board of Trustees of Arkansas State University last week approved a proposal for $28.5 million of revenue bonds for projects at the school’s main campus in Jonesboro.

Facing a federal investigation of past practices, the North Texas Tollway Authority has adopted a new ethics policy that requires extensive disclosure and tighter strictures on conflicts of interest.

DALLAS — Arkansas Gov. Mike Beebe sent lawmakers a $4.72 billion general fund spending plan for fiscal 2013 that increases expenditures by $163 million from fiscal 2012.

DALLAS — Buying back Arizona's capitol complex on the state's 100th anniversary will cost $106 million but will save $47.5 million in finance costs, according to estimates in Gov. Jan Brewer's proposed $8.96 billion budget.