› After a seemingly endless campaign, President Barack Obama was re-elected Tuesday night with 303 electoral votes (likely 332 when he's declared the winner in Florida) and 50.4% of the national popular vote, according to CNN.
› Pundit Karl Rove lambasted his own network, Fox News, for calling Ohio for Obama. The New York Times' Nate Silver, meanwhile, was widely praised for his 100% accurate predictions: He called all 50 states correctly, besting his previous record of 49 in 2008.
› Democrats picked up two seats in the U.S. Senate, winning 25 of 33 races nationwide and embarassing Texas Sen. John Cornyn, chair of the National Republican Senatorial Committee. Dems also appear to have picked up nine seats in the U.S. House, though several races remain too close to call, even with 100% of the vote in.
› In Travis County, all six incumbent state reps were re-elected, Gerald Daugherty won back a seat on the County Commission, and the Third Court of Appeals went red in four out of four races. More election coverage here.
› In addition to the Central Health med school proposition, city voters approved 15 of the 18 bond and city charter proposals. Both geographic districting propositions earned more than 50% of the vote, with 10-1 winning out over 8-2-1.
› Voters in Washington state and Colorado voted solidly in favor of legalizing marijuana for recreational use by adults. First up, however, state officials will have to take on federal pot prohibition. Put your money on Washington state – where the Initiative No. 502 was drafted with a battle with D.C. in mind – to win the fight.
› City Council, at its meeting today (Thursday), takes up helicopters at next weekend's inaugural Formula One race, Cheer Up Charlie's curfew (postponed last week), and annexations. See "Council: I Hear a Lotta Buzzin'."
› Austin Police Chief Art Acevedo announced this week that violent crime dropped in 2011, earning Austin the designation of third-safest large city in the country.
› The Texas school finance trial entered its third week with economist Lynn Moak and Equity Center executive director Wayne Pierce testifying that the state fails to sufficiently fund public schools. Recent estimates suggest the state underfunds current obligations by $6 billion.
› Concerns about traffic at the Circuit of the Americas rose after there were major traffic jams heading to last weekend's Formula Run footrace. That event attracted 5,000 people – a fraction of the 120,000 expected on Formula One weekend.
› With temperatures still unseasonably high and no sign of rain, the Travis County Commissioners Court has asked the Lower Colorado River Authority to request an extension on the drought order, scheduled to expire in December.
› Former University of Texas head football coach Darrell K. Royal died Wednesday at 88, the university confirmed. The stadium namesake served as head coach for 23 years, during which he never had a losing season, and he was inducted into the College Football Hall of Fame in 1983.