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 state judge ordered the Arizona Legislature to enact a system for funding public school facilities that is constitutional and set a timeframe for compliance.
By Karen PierogMarch 6 -
A lawsuit claims Texas Acting Comptroller Kelly Hancock illegally removed minority- and women-owned firms from a program created by the state legislature.
By Karen PierogMarch 3 -
The drought-stricken Texas city welcomed the president's support for "a serious money ask" as it revisits a costly seawater desalination project.
By Karen PierogMarch 3 -
Major Texas cities are prepping big bond issues to finance convention center expansions, with Houston hitting the market this week with $1.425 billion of debt.
By Karen PierogMarch 3 -
The Texas cities of Irving and Farmers Branch joined Plano in calling off May elections on withdrawing from Dallas Area Rapid Transit.
By Karen PierogFebruary 27 -
The airport system revenue bonds will finance portions of an estimated $5 billion expansion program at Austin Bergstrom International Airport.
By Karen PierogFebruary 26 -
The Texas city is reviving a seawater desalination project as it faces a water supply crisis that has impacted its bond ratings.
By Karen PierogFebruary 25 -
Plano is the first of six Dallas Area Rapid Transit member cities to cancel a May 2 election to drop out of the agency, while others could follow suit.
By Karen PierogFebruary 24 -
Appeals challenging authorization for $1.45 billion of ratepayer-backed bonds sold in the wake of a 2021 winter storm are in the hands of the high court.
By Karen PierogFebruary 24 -
The Texas city, which has been hit with negative rating actions over its water woes, signaled it will issue revenue bonds in its hunt for new supplies.
By Karen PierogFebruary 18 -
The sprawling Dallas-Fort Worth metroplex served by three transit agencies could see more regionalization of services in the future.
By Karen PierogFebruary 17 -
The lawsuit contends the city is not complying with a 2024 voter-approved charter amendment requiring increased spending on police.
By Karen PierogFebruary 13 -
Cases involving bonds for the city's convention center and a light-rail project are pending before the Texas Supreme Court.
By Karen PierogFebruary 13 -
The competitive bond sale comes after the triple-A-rated city received a negative outlook from S&P over the use of reserves to ease budget pressures.
By Karen PierogFebruary 10 -
The state transportation commission expects to tap into $1.5 billion of revenue bond authorization with two deals totaling $350 million this year.
By Karen PierogFebruary 10 -
The city of Olathe and the Unified Government of Wyandotte County-Kansas City, Kansas, signaled support for a state bond plan to move the team from Missouri.
By Karen PierogFebruary 10 -
A federal court decision enjoins the state from enforcing a 2021 law that penalizes investment banks and others for "boycotting" the fossil fuel industry.
By Karen PierogFebruary 5 -
The Texas city, which is a regional water supplier, is turning to several sources to boost dwindling water supplies amid an ongoing drought.
By Karen PierogJanuary 28 -
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




















