Southwest

Port of Houston Authority officials said last week construction of a cruise ship terminal in Pasadena cost $108.4 million rather than the previously announced $71 million.

A $596 million general obligation bond issue outlined to the San Antonio City Council last week would fund infrastructure projects across the city as well as large, high-impact civic efforts.

Strong revenues over the last few months will help put more than the expected $71 million into Oklahoma’s rainy-day fund, which now contains a total of $2.03.

An attorney seeking to overturn a state constitutional amendment that removed the interest rate cap on Arkansas state and municipal bonds said the measure should never have been put on the November 2010 ballot.

DALLAS — Texas will leverage its strong credit to raise its reputation in higher education this week with $152 million of student loan bonds.

DALLAS - Dallas is expected to pay off the final $10.45 million installment on bonds used to build the American Airlines Center, retiring the debt 16 years ahead of schedule.

WASHINGTON — A Little Rock issuer is appealing an Internal Revenue Service ruling alleging that $3 million of its enterprise zone bonds are taxable because it violated an employment requirement.

The Houston Independent School District may join in a lawsuit against Texas over inequities in the state's school finance system, board president Paula Harris said last week at a news conference.

The state sales tax generated $1.95 billion in May, Texas Comptroller Susan Combs said last week, an increase of 10% from May 2010 collections.

Harris County has recouped the final payment from more than $300,000 it sought from five law firms over unsubstantiated travel and entertainment expenses incurred in the sale of county bonds.