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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The Goldwater Institute took aim at another Arizona municipality, filing a lawsuit against tax rate hikes approved by the Gilbert Town Council in October.
January 15 -
The state comptroller forecasts a $23.8 billion budget balance at the start of fiscal 2026-27, down from a record $39.4 billion for fiscal 2024-25.
January 14 -
Wish lists for new or improved professional sports venues are piling up with Oklahoma City poised to vet financing proposals for a downtown basketball arena.
January 14 -
The rating agency said the district's strong management helped boost its ratings ahead of an $806 million bond issuance slated for Jan. 22.
January 10 -
The Texas Attorney General will end reviews of Bank of America, Morgan Stanley and JP Morgan after the banks recently left the Net-Zero Banking Alliance.
January 8 -
The bank, which has been under review by the Texas attorney general over its involvement in the Net-Zero Banking Alliance, said it is leaving the group.
January 7 -
After selling $500 million of revenue bonds in 2023, the turnpike authority could return to the market later this month with a $1.3 billion issue.
January 7 -
Large bond sales are expected this year for airports undergoing major expansion projects in Denver, Dallas, Houston, and Austin amid rising passenger traffic.
January 7 -
BofA and Morgan Stanley left the Net-Zero Banking Alliance, but there was no word from the Texas attorney general on their status as bond underwriters in the state.
January 3 -
Prolific debt issuance by Texas school districts, state issuers, and others drove muni volume to a state record in 2024, easily surpassing 2023's $59 billion.
December 31 -
Six Texas cities sued the state comptroller over a rule that altered where sales taxes would be collected on certain online purchases.
December 26 -
Several metropolitan districts, which finance public infrastructure for housing developments, tapped contingent liquidity for debt service payments this month.
December 24 -
The bank's termination of its membership in the Net-Zero Banking Alliance ended a state review that could have led to a ban for governmental contracts.
December 20 -
The central Texas city of Clyde said it issued tax and revenue anticipation notes with a 9.5% interest rate to repay its insurers after an Aug. 1 bond default.
December 19 -
Voters in November approved measures to split the Alpine School District, which has more than $500 million of outstanding bonds, into three systems.
December 17 -
The county commission, which sued Oklahoma City in June over its denial of permit for the jail site, is pursuing a possible settlement.
December 16 -
The action was taken ahead of a bond sale for a controversial 15-year expansion program that is currently estimated to cost $8.2 billion up from $5 billion.
December 13 -
The session, which begins Jan. 14 with a more-conservative Republican majority, could bring additional anti-ESG and DEI legislation.
December 3 -
After lowering the city's issuer rating a notch to A1, the rating agency warned of a possible further downgrade or withdrawal of the rating.
November 26 -
The use of extendable commercial paper, a first by an airport, provided DFW interim financing for its capital program without the need for bank liquidity.
November 26
