Southwest

DALLAS — The Texas Transportation Commission is preparing a record $1.5 billion bond issue under the voter-approved program known as Proposition 14 that dedicates fuel taxes and vehicle fees toward highway construction.

DALLAS — Voters in Arkansas will decide in November whether to remove the constitutional limit on the interest rate on public debt and loosen other restrictions on governmental finance.

DALLAS — After weathering one of the worst fiscal years in its history, Arizona starts the next one tomorrow without a short-term borrowing agreement.

DALLAS — After years of discussion and disagreements about expanding Fort Worth’s celebrated Kimbell Art Museum, a finance team is preparing a $62 million bond package to build an adjacent gallery.

DALLAS — Amid tightening finances, the Arizona Board of Regents will issue $34 million of taxable and tax-exempt bonds this week as part of the state “Speed” stimulus program.

DALLAS — Dallas-Fort Worth International Airport expects its annual debt service cost to double over the next decade as it embarks on a $2 billion renovation of its original four terminals built in 1974.

DALLAS — The Comanche County Hospital District has lost its investment-grade rating from Standard & Poor’s as the rural health care facility in West Texas copes with a declining population and weak economy.

DALLAS — Williamson County, Tex., the ninth fastest growing county in the U.S., has gained a one-notch upgrade to AAA from Standard & Poor’s, analysts said.

DALLAS — Voters in Texas' capital city could decide in November on an $84.8 million general obligation bond package for transportation projects if the Austin City Council adopts the program and schedule proposed by city manager Marc Ott.

DALLAS — As the Phoenix City Council prepares to pass an austere $1 billion budget, officials are seeing signs of economic recovery.