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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A review Moody's launched in September ended with rating downgrades and negative outlooks for the city's outstanding general obligation and revenue bonds.
December 12 -
The state comptroller's office purchased about $5 million of shares in a bitcoin exchange traded fund last month for a newly created strategic reserve.
December 9 -
Four of Dallas Area Rapid Transit's 13 member cities took action to ask voters in May whether they want to withdraw from the agency.
December 9 -
Race and sex-based preferences were removed from the state's Historically Underutilized Business program, which will focus exclusively on veteran-owned firms.
December 4 -
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.
December 3 -
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.
December 2 -
Legislation authorizing $1.5 billion of revenue bonds, along with fee and tax hikes, could return for a second try in 2026.
November 25 -
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.
November 25 -
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.
November 21 -
After terminating the project in September, the council approved an initial deal with a new contractor team to develop design and construction options.
November 19 -
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.
November 18 -
A state audit of the Houston-based HBCU that identified financial issues led the governor to direct state agencies to launch an investigation.
November 13 -
The Texas city could revisit plans for a desalination project to boost its dwindling water supply with the city council scheduled to consider it next week.
November 12 -
The city plans to sell about $690 million of AMT bonds on Nov. 18 to finance facilities and refund outstanding debt for the airline.
November 6 -
A rundown of the largest bond referendums.
November 5 -
Concerns over the Texas city's future water supply after a desalination project was terminated, led to negative rating outlooks from Fitch and S&P.
November 4 -
Federal immigration and trade policies are a likely factor in the triple-A-rated state's weak job growth and pose risks for its southern border cities' budgets.
November 4 -
The school system, which has an AA underlying bond rating from S&P, was targeted by the Texas Education Agency for a takeover based on academic performance.
October 31 -
The one-notch upgrade to AA-minus for Oklahoma's flagship university was assigned to an upcoming approximately $160.7 million bond refunding.
October 30 -
Approval by Doña Ana County of $165 billion of industrial revenue bonds for a massive data center project is being challenged in state court.
October 29
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