Southwest

DALLAS — Colorado’s Taxpayer Bill of Rights, which limits the ability of state and local government to raise taxes and issue debt, violates the U.S. Constitution, according to a lawsuit seeking to overturn the voter-approved law.

DALLAS — The University of Colorado Hospital Authority plans to issue $200.8 million of variable-rate revenue bonds this week for a new medical tower on its rapidly expanding Anschutz Campus in Aurora.

DALLAS — Texas legislators have agreed on the state’s next two-year spending plan, but still must reconcile revenues with expenditures before the session ends next week

Trustees of the Lake Travis Independent School District voted last week to put a $158.5 million general obligation bond proposal to voters on Nov. 8.

DALLAS — Texas budget negotiators agreed late Thursday to accept the Senate’s plan for a $4 billion reduction to state aid for public education over the next two years, ditching the House’s proposal for cuts totaling $7.8 billion.

DALLAS — Texas lawmakers will have to come back for a special session to complete the state’s next two-year budget unless the House quickly accepts the Senate’s plan to bring in $2.6 billion of new non-tax revenue, leaders from both chambers said Tuesday.

DALLAS — A series of financial blows suffered over the past year by the Hallsville Independent School District in East Texas continued Monday as Moody’s Investors Service dropped its unenhanced debt rating to A3 from A1, with a negative outlook.

DALLAS — Amid objections from environmentalists, the Texas Legislature is moving toward expanding a bond-financed radioactive waste dump site in a sparsely populated West Texas county.

DALLAS — A multibillion-dollar series of projects to reshape how travelers get to and through Dallas-Fort Worth International Airport have all begun construction, with completion expected to take six years.

DALLAS — Texas voters gave their approval Saturday to almost 70% of the 56 school bond proposals they faced in elections across the state, giving 39 districts the go-ahead to issue new debt.