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The state Supreme Court decided the lawsuit in the turnpike authority's favor, but it has yet to rule on the validity of bonds to finance a $5 billion extension.
June 1
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The Legacy Capital Financing Act would give the state another option to fund capital projects after a delayed annual audit prevented the issuance of bonds.
May 31
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The city council is considering a $4.5 billion to $4.8 billion initial phase of the project. Legislation to stymie bonds did not pass the Texas Legislature.
May 31
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Changes affecting the turnpike's board, which take effect Nov. 1, come as it awaits a court ruling on issuing initial bonds for a $5 billion project.
May 30 -
A tender offer and a debt service shortfall related to bonds issued in the wake of Winter Storm Uri popped up this month as its financial impact lingers.
May 25
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The Oklahoma Turnpike Authority asked the court to approve $500 million of bonds to jumpstart funding for a $5 billion extension project.
May 24
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Austin planned to use property taxes approved by voters in 2020 to pay off bonds for the project.
May 23 -
Arizona, Nevada and California announced an agreement on Colorado River water use reductions, possibly averting a more stringent federal solution.
May 22
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Public sector employers are in a fierce competition with the private sector for workers and may be losing amid labor shortages and inflation.
May 22
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The Biden Administration has partnered with five cities and the State of California in efforts to reduce homelessness.
May 19
