Southwest

DALLAS — Dallas will take as much as $330 million of general obligation debt to market next week after the City Council voted Wednesday to increase the refunding component to a maximum of $170 million.

DALLAS — The New Mexico Legislature has approved a $5.6 billion budget in a special session that balances spending with the largest tax increase in more than 20 years while cutting spending by $100 million.

DALLAS — Voters in the Tulsa County Independent School District No. 1 approved a $354 million general obligation bond package on Tuesday, the largest bond package ever sought by the district or any other school district in Oklahoma.

DALLAS — Anti-Washington fervor in Tuesday’s primary helped Texas Gov. Rick Perry win the GOP nomination to run for an unprecedented third term and set the stage for the once-powerful Republican Sen. Kay Bailey Hutchison to retire from politics.

DALLAS — Kansas Gov. Mark Parkinson said he may be forced to make additional cuts to the fiscal 2010 budget as revenue continues to fall faster than expected.

DALLAS — San Antonio yesterday priced nearly $156 million of tax-exempt refunding bonds as the city, Texas’ second largest, seeks to keep up with growth in a weakening economy.

DALLAS — In a lean budget environment, the University of Texas Board of Regents will hit the market with $700 million of triple-A rated revenue bonds this month, starting today with a $330 million issue.

DALLAS — With some misgivings, the North Texas Tollway Authority has agreed to add the $1.4 billion State Highway 161 toll road to its rapidly expanding system.

DALLAS — The Arkansas General Assembly wrapped up its first-ever budget session on Wednesday as both chambers passed identical fiscal 2011 budget bills totaling $4.48 billion.

DALLAS — Arizona’s plan to build an $84 million, bond-financed spring training facility for the Chicago Cubs in Mesa faces stiff opposition, including a challenge to the constitutionality of using public funds for debt service.