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.
-
The legislation would change which state official enforces 2022's Energy Discrimination Elimination Act and remove bond and note sales from a contract ban.
By Karen PierogJanuary 30 -
The Dallas-based firm, which was acquired last year by Texas Regional Bank, is expanding its underwriting reach in Texas and other states aided by new hires.
By Karen PierogJanuary 30 -
Legislation to create an education savings account program that would cost an initial $1 billion and serve nearly 100,000 students advanced out of a committee.
By Karen PierogJanuary 29 -
The high court agreed to review a June Oklahoma Supreme Court ruling that found state funding for a Catholic virtual charter school violates the constitution.
By Karen PierogJanuary 28 -
The turnpike authority brings a $1.3 billion new and refunding bond deal to market this week after a toll hike sparked a spate of bills to rein in its powers.
By Karen PierogJanuary 28 -
The state House and Senate announced their spending plans for the upcoming biennium, including funding to continue and increase 2023's state-funded tax cut.
By Karen PierogJanuary 22 -
The county would hold a special election for a sales tax to provide more funds to build and operate a bond-financed jail project that faces rising costs.
By Karen PierogJanuary 22 -
Public school districts sought bond authorizations in January totaling $469 million, which topped an available state cap of $293.4 million.
By Karen PierogJanuary 21 -
While Texas is forecasting a big budget balance, fiscal boom times are ebbing for it and other Southwest states amid tax cuts and depleted federal funding.
By Karen PierogJanuary 21 -
The Goldwater Institute took aim at another Arizona municipality, filing a lawsuit against tax rate hikes approved by the Gilbert Town Council in October.
By Karen PierogJanuary 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.
By Karen PierogJanuary 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.
By Karen PierogJanuary 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.
By Karen PierogJanuary 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.
By Karen PierogJanuary 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.
By Karen PierogJanuary 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.
By Karen PierogJanuary 7 -
Large bond sales are expected this year for airports undergoing major expansion projects in Denver, Dallas, Houston, and Austin amid rising passenger traffic.
By Karen PierogJanuary 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.
By Karen PierogJanuary 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.
By Karen PierogDecember 31 -
Six Texas cities sued the state comptroller over a rule that altered where sales taxes would be collected on certain online purchases.
By Karen PierogDecember 26




















