Southwest

DALLAS — Southern Methodist University will begin a multi-year capital project to build new on-campus residential facilities with proceeds from this week’s sale of $125 million of general obligation revenue bonds.

DALLAS — Kansas revenue collections posted a slight but unexpected increase in September, as all three monthly collections for the first quarter of fiscal 2011 have met or exceeded predictions.

DALLAS — After successfully pricing $825 million of revenue bonds Monday to expand its light-rail system, the Dallas Area Rapid Transit board turned its attention Tuesday to a $1.26 billion budget requiring job cuts and service reductions.

DALLAS — Dallas County District Judge Craig Smith agreed Monday to a one-week delay in deciding whether the Dallas suburb of Irving can issue up to $200 million of revenue bonds for an entertainment center near Dallas-Fort Worth International Airport.

DALLAS — A lawsuit filed in Arkansas state court last week could remove from the November ballot a constitutional amendment to eliminate restrictions on the interest rate carried by tax-exempt bonds issued in the state.

DALLAS — The Arizona Transportation Board will complete its pricing of $180 million of revenue bonds Tuesday in a deal that will finance construction of highways in Maricopa County, including Phoenix and its suburbs.

DALLAS — Oklahoma Gov. Brad Henry will serve as the honorary chairman of a group seeking to defeat a proposed constitutional amendment that would increase state funding of public education.

DALLAS — Facing a budget deficit that could run as high as $257 million, the Colorado Legislature must cut spending by at least $189 million before the end of the fiscal year on June 30, according to state economists.

DALLAS — In a year when Texas school districts are celebrating record-low interest rates and the return of the triple-A bond guarantee from the Permanent School Fund, officials are contemplating voters’ appetite for new debt.

DALLAS — Amid slowing growth in its service area, Arizona’s Salt River Agricultural Improvement and Power District will issue its first Build America Bonds next week as part of a $750 million deal.