Southwest

DALLAS — Oklahoma in fiscal 2010 experienced the worst revenue decline since the Great Depression, but Treasurer Scott Meacham is encouraged by the latest report on state tax collections.

DALLAS — Arlington, Texas, appears to have regained its footing on debt service for the $1.2 billion Dallas Cowboys stadium and could retire the sales tax revenue bonds early, officials said.

DALLAS — The Houston Community College System is maximizing taxpayer dollars with today’s $74.6 million negotiated sale that includes $26.7 million of senior-lien student revenue bonds and $47.9 million of tax maintenance notes.

DALLAS — A Hobbs, N.M., apartment complex that defaulted on revenue bonds issued by the Southeastern New Mexico Affordable Housing Corp. will go on the market for a second time after bondholders rejected a short sale last fall, officials said.

DALLAS — With its rocky financial situation appearing to stabilize, the Dallas Independent School District leads a parade of Texas school bond issuers to market this week with a $166 million refunding.

DALLAS — Texas notched its third straight monthly gain in sales tax revenue in June, but Comptroller Susan Combs says she is not ready to declare an end to hard times.

DALLAS — The Arizona Water Infrastructure Finance Authority plans to issue $138 million of revenue bonds next week, but executive director Judy Navarette says that amount could change if conditions become opportune for a refunding component.

DALLAS — Texas is considering a $1 billion project to replace all steel residential gas pipes with plastic ones after a series of explosions that resulted in four fatalities.

DALLAS — Arizona is rushing to revise disclosure notices to the bond market after unexpectedly losing a line of credit with Bank of America, said John ­Arnold, director of the governor’s Office of Budget and ­Strategic Planning.

DALLAS — Kansas will finance the fifth phase of a multi-year reconstruction project at the state capitol in Topeka with proceeds from tomorrow’s competitive offering of $43.6 million of bonds by the Kansas Development Finance Authority.