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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Voters will decide the fate of 447 bond propositions totaling a record $83.7 billion with development-related districts accounting for most of the debt.
By Karen PierogOctober 28 -
The approval of $650 million of revenue bonds comes in the wake of a recently filed petition seeking to subject the project to voter approval or delay.
By Karen PierogOctober 23 -
The city is gearing up to sell $252 million of general obligation bonds this year and $1.5 billion of revenue bonds in 2026 for a convention center project.
By Karen PierogOctober 22 -
Cities are responding to a state directive to remove symbols on crosswalks and other so-called distractions or risk losing state and federal funding.
By Karen PierogOctober 21 -
The case challenges Oklahoma's authority to collect income taxes from Native Americans who live and work on tribal reservations.
By Karen PierogOctober 20 -
The city plans a competitive general obligation bond sale, as well as a sales tax revenue bond issue to help finance a professional basketball arena next year.
By Karen PierogOctober 16 -
The city council took action to keep the property tax rate unchanged, a move that could punch a $53 million hole in the fiscal 2026 budget and drain reserves.
By Karen PierogOctober 15 -
A six-notch downgrade gives the financially troubled city a non-investment grade rating of BB-plus with a negative outlook.
By Karen PierogOctober 14 -
The state is gearing up to grow its space industry as the federal government starts allowing tax-exempt private activity bond financing for spaceports.
By Karen PierogOctober 14 -
The county awarded $215 million of general obligation limited tax bonds for a jail project with uncertain future funding to lowest bidder BofA Securities.
By Karen PierogOctober 9 -
A debt restructuring by Ninnekah Public Schools aimed to reduce the impact of a court-approved settlement that will still result in a huge property tax hike.
By Karen PierogOctober 7 -
The Texas Transportation Finance Corp deal will refund interim notes used to finance the ending of a public-private partnership that built toll lanes.
By Karen PierogOctober 7 -
La Marque's two-notch downgrade from Moody's follows a rating cut last month by S&P; both agencies put the city on review for potential further downgrades.
By Karen PierogOctober 6 -
Four cities were ordered to halt recent tax hikes pending an investigation of whether they complied with a state law that enforces a deadline for annual audits.
By Karen PierogOctober 2 -
Summit Utilities Oklahoma used reserve funds to help cover an Oct. 1 payment on taxable bonds sold in 2022 through the Oklahoma Development Finance Authority.
By Karen PierogOctober 1 -
The city of La Marque is taking steps to stabilize its shaky finances after a short-lived debt service payment default and a bond rating downgrade.
By Karen PierogSeptember 30 -
Tripp Kaiser, a managing director at Municipal Market Analytics, will become executive director of the Center on Municipal Capital Markets in January.
By Karen PierogSeptember 29 -
The rating agency pointed to potential financial pressure from tax and other changes on the federal level for the state's outlook revision.
By Karen PierogSeptember 26 -
The Fayetteville City Council will decide in October whether to put bonds backed by an extension of a one-cent sales tax on the March 2026 ballot.
By Karen PierogSeptember 25 -
The outlook revision to negative for the Texas Biomedical Research Institute cited weakened liquidity and reliance on federal grants, the rating agency said.
By Karen PierogSeptember 23



















