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 state, which lost its positive S&P outlook due in part to previous tax cuts, could have further reductions under a bill that survived the governor's veto.
By Karen PierogApril 15 -
Issuers in Texas are wary of potential changes at the federal and state level that could impact their finances and ability to sell debt.
By Karen PierogApril 15 -
Chris Hollins, the city's chief financial officer, said Texas anti-ESG laws are raising costs at the same time the city faces a structural budget deficit.
By Karen PierogApril 14 -
Speaking live at The Bond Buyer's Texas Public Finance Conference in Austin, leading muni voices broke down the historic rate swings that rocked the market this week, the growing impact of investor behavior, and the uncertain path ahead for tax policy — offering candid assessments, sharp data points, and diverging views on what investors and other market participants should expect next.
By Karen PierogApril 10 -
The Bond Buyer took the pulse of municipal bond market pros to see what they are doing and advising in the midst of the volatility driven by President Trump's shifting tariff policies.
April 9 -
The district was created to finance the redevelopment of the Delta Center, home to professional basketball and hockey, as well as other downtown projects.
By Karen PierogApril 9 -
The utility said it will appeal the judge's action, citing grave concerns about its impact on the Denver area's water supply in the wake of floods and drought.
By Karen PierogApril 8 -
A new S&P upgrade and one last year from Moody's burnish the Colorado Statewide Bridge and Tunnel Enterprise ahead of a $212 million revenue bond deal.
By Karen PierogApril 8 -
Alpine School District, which will be split into three systems, wants to sell up to $238 million of lease revenue bonds to finance school construction.
By Karen PierogApril 3 -
Fallout from the Legacy Cares deal includes bondholder lawsuits against the underwriter and bond counsel, payment defaults, a Chapter 11 bankruptcy, and now fraud charges from the SEC and DOJ.
April 2 -
A bill exempting local governments from a law prohibiting contracts with firms that "boycott" fossil fuels met a key milestone as did a pro-gun blacklist bill.
By Karen PierogApril 2 -
Legislation addressed expanding water supply, paying for flood damage, financing for capital projects, as well as a fiscal 2026 spending plan.
By Karen PierogApril 1 -
The S&P issuer rating upgrade marks the second for Oklahoma since September when Moody's raised its rating a notch to Aa1.
By Karen PierogMarch 26 -
The legislation would create a bond-financed reinsurance program to stabilize the homeowner's insurance market, which has been impacted by wildfires.
By Karen PierogMarch 26 -
Goldman Sachs was tapped to lead a sales tax revenue bond issue to finance an arena to replace Paycom Center, home of the NBA's Thunder.
By Karen PierogMarch 25 -
Houston, Phoenix, and Dallas are taking action to address fiscal challenges brought on by litigation, state actions and a ballot measure.
By Karen PierogMarch 25 -
The rating agency cited a tax cut package enacted by the state last year and uncertainty over federal policies for the outlook revision to stable from positive.
By Karen PierogMarch 21 -
The city council approved the private placement of up to $325 million of notes to commence funding for a $1 billion convention center expansion project.
By Karen PierogMarch 19 -
The state is trying to navigate its way to a fiscal 2026 budget amid potential federal policy changes and the heightened risk of a recession.
By Karen PierogMarch 18 -
Bond-issuing infrastructure districts and development zones were a focus of legislation passed by Utah lawmakers during a session that ended March 7.
By Karen PierogMarch 18




















