Southwest

DALLAS — The fast-growing Round Rock Independent School District north of Austin is preparing to issue $104 million of debt, including $92 million of Build America Bonds, as Texas school districts face prospects for greater budget austerity.

DALLAS — Fitch Ratings downgraded Dallas-Fort Worth International Airport to A-plus from AA-minus as it prepares to issue $301 million for its $2.7 billion terminal renovation program.

DALLAS — Dallas-Fort Worth International Airport will issue the first $301 million of revenue bonds this week toward a $2 billion renovation of the original terminals that opened 36 years ago.

DALLAS — San Antonio’s CPS Energy is planning its fourth and largest issue of Build America Bonds on Thursday as it faces an Internal Revenue Service audit of a previous BAB deal.

DALLAS — The Texas economy received a vote of confidence Thursday in a special report from Standard & Poor’s, despite a growing budget shortfall in the coming year.

DALLAS — Tempe lost its Aaa rating from Moody’s Investors Service Tuesday due to falling revenues and the ongoing economic decline that has forced Arizona state and local governments to cut spending.

DALLAS — Former Houston Mayor Bill White, who is challenging Texas Gov. Rick Perry for the state’s top post, said Tuesday that appointees to the Teachers Retirement System of Texas improperly funneled investments toward the incumbent’s political contributors.

DALLAS — The battle lines are being drawn in Austin over the capital city’s request for $90 million of general obligation bonds for transportation as opponents ramp up efforts to defeat the proposition on Nov. 2.

DALLAS — The University of Colorado Board of Regents enjoyed a good market response Tuesday to a $95 million issue that included taxable and tax-exempt debt, said associate treasurer David Solin.

DALLAS — The Lower Colorado River Authority in Central Texas anticipates savings of about 10% when it goes to market with $400 million of refunding revenue bonds Wednesday.