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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Property taxpayers want a state court to order the city to reduce its 2024 tax levy by $187 million earmarked for a now-downsized mass transit plan.
August 27 -
While the nonprofit hospital sector shows signs of stabilizing, Houston-based Texas Children's Hospital faces fiscal problems that led to two rating downgrades.
August 27 -
Up to $2.065 billion of taxable notes could be issued to finance termination of a public-private partnership that built a toll lane project in Harris County.
August 23 -
The rating agency estimated the cost of college and university capital needs at $750 billion to $950 billion over the next decade.
August 21 -
Clyde, Texas, missed payments on certificates of participation due Aug. 1, the same day it declared a water emergency. Bond insurers are paying the holders.
August 20 -
The estimated $100 million raised annually from the 0.5% tax increase on the Nov. 5 ballot could be used to back bonds for affordable housing.
August 20 -
Issuers in the eight-state region sold $50.6 billion of bonds with Texas accounting for 65% of the volume.
August 20 -
State lawmakers will be back in session Aug. 26 in an effort to head off ballot initiatives that worry the state's public finance industry.
August 16 -
Eduardo Ramos had faced insurance fraud charges that were unrelated to his work at the school district.
August 16 -
Salt Lake City School District is seeking $730 million of bonds and Salt Lake County is asking for $507 million of bonds at the Nov. 5 general election.
August 15
