Southwest

Tardy annual financial audits could strip Texas cities of their ability to raise property tax rates under a state law that takes effect Sept. 1.

A Kansas state legislative council will meet next month to keep a 2024 bond-financing law alive at the request of the Missouri-based Kansas City Chiefs.

Hays County's Nov. 5 election for nearly $440 million of bonds, which won voter approval, was voided by a state judge due to an open meetings act violation.

The $247.75 million of unrated tax-exempt bonds will finance public infrastructure and projects for an initial development on state-owned land.

Kelly Hancock resigned his state senate seat and assumed a position that will make him acting comptroller after current Comptroller Glenn Hegar leaves office.

Under the agreement, the NBA's Thunder will play for at least 25 years in an arena that will be largely financed by a sales tax revenue bond sale later this year.

K-12 public schools get a $55 per-student increase in the state basic allotment, while other funding is allocated to specific purposes.

Bexar County officials passed a resolution related to a potential Nov. 4 ballot measure on venue taxes for a new San Antonio Spurs basketball arena.

The Uinta Basin Railway's request for $2.4 billion of PABs comes as the U.S. Transportation Department is almost at its $30 billion debt cap.

Municipal bond issuers in the state dodged a barrage of bills in this year's legislative session seeking to constrain their debt sales.