Southwest

Andrei Cherny, the Democratic candidate for Arizona treasurer, said if elected he would use the office's authority to audit government spending from the Legislature down to the local level.

Preliminary budget numbers for fiscal 2012 outlined for the Scottsdale's budget review commission last week indicate the city may be facing a $28.4 million revenue shortfall.

DALLAS — The Katy Independent School District in Texas is seeking voter approval of a $459.7 million general obligation bond package that would finance construction of five new schools to accommodate its rapidly growing enrollment.

DALLAS — The Lubbock Independent School District will embark on a four-phase capital improvement program if voters approve a $198 million bond program developed by a citizens’ committee.

DALLAS — The Judson Independent School District in Texas will allow voters on Nov. 2 to choose among separate components of a $198.8 million general obligation bond package.

DALLAS — After scrutiny from the Internal Revenue Service over a previous issue of Build America Bonds, Austin is forgoing BABs in its sale of $145 million of general obligation debt this week.

DALLAS — The Bexar County, Tex., Hospital District plans to price $205 million of certificates of obligation Wednesday backed by the Build America Bond subsidy to expand San Antonio’s University Health System.

Amid big changes in leadership and policies, the North Texas Tollway Authority has agreed to build what could be its last major project for several years.

State revenues are beginning to increase after more than a year in the doldrums, officials told the Texas House Ways and Means Committee Tuesday, but are still coming in shy of estimates in the current two-year budget due partly to lethargic residential construction.

With hotel taxes falling short of projections, the Dallas suburb of Irving plans to commit a diverse stream of revenues to back $200 million of bonds the city expects to issue in October for an entertainment complex.