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.
-
The outlook revision to positive from stable is the second this year for the state after Moody's Ratings took similar action in May.
By Karen PierogSeptember 23 -
Payson's $21.21 million taxable pledged revenue obligations issue comes amid a riskier environment for pension-related borrowings.
By Karen PierogSeptember 23 -
In an unusually competitive election season in the GOP dominated Lone Star State, candidate platforms include moves that could impact state and local finances.
By Karen PierogSeptember 22 -
Healthcare providers will receive nearly $12 billion in funding in fiscal 2027 with federal approval of the state's Medicaid directed payment programs.
By Karen PierogSeptember 18 -
The $5.66 billion spending plan for the fiscal year that begins Oct. 1 continues a voter-mandated plan to increase public safety spending.
By Karen PierogSeptember 17 -
A U.S. Appeals Court for the Tenth Circuit ruling vacated a lower court's permanent injunction against a project to expand the Gross Reservoir.
By Karen PierogSeptember 16 -
Fitch Ratings revised its outlook to stable from negative on the Corpus Christi utility and S&P removed it from CreditWatch with negative implications.
By Karen PierogSeptember 16 -
The plan is estimated to cost about $1.8 billion for a rail system connecting downtown Oklahoma City to Edmond and Norman and $730 million for bus transit.
By Karen PierogSeptember 15 -
A November sale of up to $348 million of general obligation and other debt is planned, while the council okayed interim financing for Dallas Love Field Airport.
By Karen PierogSeptember 10 -
An agreement between Norman Regional Health System and bondholders postponed a Sept. 1 debt service payment until a $40 million bond sale closes.
By Karen PierogSeptember 10 -
The system's board of regents authorized the issuance of triple-A-rated Permanent University Fund and revenue financing system bonds during fiscal 2027.
By Karen PierogSeptember 8 -
A costly Medicaid funding crisis is confronting healthcare providers in the state where fiscal pressures could force some rural hospitals to close.
By Karen PierogSeptember 8 -
Norman Regional Health System says it will use interim financing to make a Sept. 1 debt service payment that bondholders agreed to delay.
By Karen PierogSeptember 4 -
The incoming Bond Buyer Hall of Famer helped drive stronger disclosure, pioneer electronic credit research and broaden the information analysts use to assess risk.
By Karen PierogSeptember 4 -
For the second time in a year, the Texas city's elected officials voted against moving forward with the Inner Harbor project to boost long-term water supply.
By Karen PierogSeptember 2 -
A successful court challenge yanked a measure from the Nov. 3 ballot that sought guardrails and accountability for the state's costly universal voucher program.
By Karen PierogSeptember 1 -
Thursday's move marks another formal step back from a water supply crisis that has negatively impacted the city's bond ratings.
By Karen PierogAugust 27 -
The Texas city's property tax-backed debt offering will be sold competitively on Sept. 22, according to a draft preliminary official statement.
By Karen PierogAugust 27 -
A proposed constitutional amendment allowing the legislature to determine how local revenue lost due to property tax exemptions is reimbursed was defeated.
By Karen PierogAugust 26 -
Rating agencies say they don't expect federal plans for the drought-plagued river to spark near-term credit concerns, but they may develop over the longer term.
By Karen PierogAugust 25




















