Karen is a senior reporter covering the Southwest. She has covered the municipal bond market for more than 30 years at The Bond Buyer and Reuters. Prior to that she wrote about futures and options markets for magazines and was an award-winning reporter for a suburban Chicago newspaper chain.
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After Ken Paxton's opinion said giving preferences based on sex or race is unconstitutional, his office set a new certification requirement for bond issuers.
By Karen PierogJanuary 27 -
Dallas Area Rapid Transit's moratorium on new debt issuance comes as voters in five of its 13 member cities will decide whether to withdraw from the agency.
By Karen PierogJanuary 22 -
Nederland plans to sell bonds backed solely with revenue generated by the Eldora Mountain Resort, which it plans to buy and improve with the proceeds.
By Karen PierogJanuary 22 -
A plan before county commissioners to put a 0.625% permanent sales tax on the April ballot to complete a bond-financed jail project failed to advance.
By Karen PierogJanuary 21 -
Republican Ken Paxton said his first-of-its-kind legal opinion aims to dismantle diversity, equity, and inclusion practices in the Lone Star State.
By Karen PierogJanuary 20 -
The state's Democratic governor and Republican-controlled legislature are at odds over how much to conform with federal tax changes enacted last year.
By Karen PierogJanuary 20 -
Pending city council approval, the February competitive bond sale would be the first issuance from $950 million of debt authorized by voters on Nov. 4.
By Karen PierogJanuary 15 -
The rating agency lifted the state's general obligation and other ratings by a notch, citing well-established and prudent governance practices.
By Karen PierogJanuary 13 -
The second-largest public school system in Texas could ask voters to approve as much as $6.24 billion of bond authorization as soon as in May.
By Karen PierogJanuary 13 -
Bank of America and Wells Fargo will lead underwriting for $1.8 billion of sales tax and revenue bonds issued through the Kansas Development Finance Authority.
By Karen PierogJanuary 8 -
University Park joined four other cities in placing measures on the May 2 ballot asking voters to decide whether to withdraw from Dallas Area Rapid Transit.
By Karen PierogJanuary 7 -
The Nederland Board of Trustees approved an agreement to purchase the Eldora Mountain Resort contingent on the sale of revenue bonds.
By Karen PierogJanuary 7 -
Bond sales by Texas issuers rose 21% to $82.52 billion, putting the state in second place behind California and well ahead of third-place New York.
By Karen PierogJanuary 6 -
Fiscal 2027 budget proposals are being rolled out against a backdrop of unclear impacts from federal tax cuts and policy changes.
By Karen PierogDecember 30 -
The Kansas City Chiefs will leave Missouri for Kansas, where sales tax and revenue bonds will help finance a $3 billion domed stadium expected to open in 2031.
By Karen PierogDecember 23 -
Credit pressures are expected to persist for municipal bond issuers facing water scarcity and increasing costs for projects to produce new supply.
By Karen PierogDecember 23 -
The city's rejection of the petition, which aims to stall or submit the largely bond-financed convention center project to voters, is being challenged in court.
By Karen PierogDecember 18 -
Dallas and police and fire pension officials approved a funding agreement that ends litigation filed by the retirement system last year.
By Karen PierogDecember 16 -
Property taxation is being targeted in a growing movement across the nation for cuts or elimination to address homeowner angst over rising tax bills.
By Karen PierogDecember 16 -
A review Moody's launched in September ended with rating downgrades and negative outlooks for the city's outstanding general obligation and revenue bonds.
By Karen PierogDecember 12




















