Southwest

After selling $260 million of voter-approved bonds for the project, county officials are eyeing a sales tax ballot measure in 2026 to cover the higher cost.

The transaction, which supports the Navajo community in Ganado, Arizona, represents a major landmark in furthering Native American health care infrastructure, overcoming hurdles tribal governments typically face in issuing municipal debt to open a replicable path to market other indigenous health systems can follow.

The toll road agency's financial and other practices were targeted in a November legislative study, which could lead to another round of reform legislation.

Fiddlers Canyon's complaint should be dismissed for several reasons, UMB said. 

Legislation authorizing $1.5 billion of revenue bonds, along with fee and tax hikes, could return for a second try in 2026.

The funds supported new facilities and housing, helping address challenges Navajo Nation communities face, such as long-distance travel and limited access to health care.

The Kerrville Public Utility Board Public Facility Corp.'s bond sale and acquisition of a state loan for the project is a tale of perseverance.

The $6.3 billion all-funds budget was amended in the wake of the Nov. 4 defeat of a property tax rate increase that would have raised $109.5 million in revenue.

After terminating the project in September, the council approved an initial deal with a new contractor team to develop design and construction options.

The airport paired long fixed-rate debt with four- and seven-year mandatory tender bonds in the transaction honored as the Southwest region's Deal of the Year.