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 Texas Water Development Board expects to sell up to $1.8 billion of tax-exempt and taxable bonds in September.
By Karen PierogJuly 23 -
In Texas, the Austin City Council set a climate bond election for no later than November 2026, while an Arizona water authority is dealing with a funding drought.
By Karen PierogJuly 23 -
The state attorney general's office said it will appeal the ruling prohibiting enforcement of 2022's Energy Discrimination Elimination Act.
By Karen PierogJuly 19 -
Overall state general fund revenue is on track with an October estimate, while the projection for the fiscal 2024-2025 yearend balance faces changes.
By Karen PierogJuly 18 -
The city had set an Aug. 27 election on a proposition to create tax increment financing districts to help finance an arena project.
By Karen PierogJuly 17 -
The $238.8 million of voter-approved debt will end a 12-year drought in new money general obligation issuance by the nation's fifth largest city.
By Karen PierogJuly 16 -
The Phoenix-based school's debt was rated a notch above junk — to BBB-minus by Fitch Ratings ahead of a refinancing of bonds from a 2021 issue.
By Karen PierogJuly 11 -
A revenue bond issue for Galveston Wharves will price Tuesday after Hurricane Beryl interrupted port operations earlier this week.
By Karen PierogJuly 10 -
The plan would raise about $100 million a year to create and preserve affordable housing.
By Karen PierogJuly 9 -
S&P Global Ratings revised the outlook on the city's AA rating to negative from stable, citing increased debt and costs from a settlement with firefighters.
By Karen PierogJuly 9 -
The system, along with UT Southwestern Medical Center, plan to build a $5 billion pediatric health campus in Dallas.
By Karen PierogJuly 2 -
Laws enacted in Arkansas and Kansas will reduce income tax revenue by hundreds of millions of dollars in fiscal 2025.
By Karen PierogJuly 2 -
The Colorado Educational and Cultural Facilities Authority formed a non-profit subsidiary to facilitate the financing, ownership, and operation of the historic hotel.
By Karen PierogJune 28 -
The 0.34% sales tax rate increase would raise an estimated $70 million annually for Colorado's only safety net healthcare provider.
By Karen PierogJune 25 -
In a one-day special session, lawmakers passed a bill expanding an economic development bond program to finance venues for the Kansas City Chiefs and Royals.
By Karen PierogJune 25 -
A 2023 U.S. Appeals Court ruling derailed federal approvals for the Uinta Basin Railway, which plans to seek up to $2 billion in private-activity bonds.
By Karen PierogJune 24 -
Legislation passed by Utah lawmakers during a special session addresses concerns from the Intermountain Power Agency about a new law to keep a coal-fired power plant operating.
By Karen PierogJune 20 -
The city and its Austin Transit partnership are seeking court validation for bonds to help finance the multi-billion-dollar project.
By Karen PierogJune 18 -
The legislature addressed the cost of a $329 million property tax refund in the state's largest county as well as passed a fiscal 2025 budget.
By Karen PierogJune 18 -
The spending plan for the fiscal year that begins July 1 contains no tax increases or new fees and puts off finding a recurring solution for a structural budget gap.
By Karen PierogJune 13




















