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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Litigation in Arizona, Oklahoma, Texas, and Utah could determine bond issuance, culpability for defaults, or the constitutionality of underwriter bans.
October 1 -
The privately placed taxable bonds to be issued through Bernalillo County will help finance a manufacturing facility for Ebon Solar.
September 26 -
The merger, which takes effect Jan. 1, will combine the firms' public finance practices, which have a current headcount of 29 attorneys.
September 25 -
An outlook revision to positive for the state's Aa2 general obligation rating comes as a methodology update led to downgrades for certain revenue bonds.
September 24 -
Water agencies in Texas, Oklahoma, and Denver are selling a combined nearly $2 billion of triple-A-rated bonds this week.
September 24 -
Litigation filed by environmental groups aims to reverse actions taken by the agency's board since it was restructured by the state legislature in 2022.
September 23 -
After getting positive outlooks from three rating agencies since 2023, Oklahoma received its first upgrade.
September 19 -
The city of Clyde defaulted in August and recently revealed it used debt proceeds for debt payments in a manner that "disguised the deficit cash flow."
September 19 -
Up to $182 million of bonds will be issued by a city of Frisco entity to renovate Toyota Stadium, home to Major League Soccer's FC Dallas.
September 18 -
The districts, which finance public infrastructure for housing developments, are dealing with limited revenue growth and state actions to cut property taxes.
September 17 -
Amendment A on the Nov. 5 ballot would allow the state government to tap revenue currently earmarked for public education for other purposes.
September 17 -
A negative outlook for the city's AA rating by Fitch Ratings follows similar action taken by S&P Global Ratings in July.
September 16 -
The Payson Town Council's passage last month of a bond resolution using an emergency clause violated the Arizona Constitution, according to a lawsuit.
September 13 -
The passage of a $11 billion plan, which aims to fully fund police and fire pensions in 30 years, comes as the retirement system is pushing its own plan in court.
September 12 -
Houston-based Texas Children's Hospital plans to sell about $222 million of tax-exempt, fixed-rate revenue bonds this week.
September 10 -
Stagnant per-pupil state funding amid rising costs led to budget deficits, lower reserves, and ballot proposals to raise property tax rates for some districts.
September 10 -
General fund revenue growth of only 1.1% in the fiscal year that ended Saturday, marks a continued slowdown since fiscal 2022's 26.4% increase.
September 4 -
The one-notch general obligation and certificates of participation rating downgrades resulted from the application of Fitch's updated criteria.
September 3 -
The Dallas-Fort Worth region toll highway owner and operator aims to rake in savings from the deal as it expects to cash fund a $2 billion capital plan.
September 3 -
The lawsuit contends a state law that punishes banks and others for "boycotting" the fossil fuel industry violates free speech provisions in the U.S. Constitution.
August 29
