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 bonds are part of a proposed settlement with the city's firefighters union that would need court approval.
By Karen PierogJune 12 -
Controversy over where to build a new jail has delayed further issuance of $260 million of voter-approved bonds after an initial $45 million sale.
By Karen PierogJune 11 -
A preliminary forecast showed the school's days cash on hand falling below the Board of Regents' 140 days minimum requirement for a third straight fiscal year.
By Karen PierogJune 7 -
Legislative leaders want the Super Bowl-winning Kansas City Chiefs to weigh in on a plan to use bonds for a new stadium on their side of the state line.
By Karen PierogJune 5 -
The project will expand the plant's capacity from 75 million gallons per day currently to 100 million gallons to serve a growing population.
By Karen PierogJune 4 -
The lawsuit filed in 2017 points to funding disparities when public school districts turn to local property taxes and bond issuance for capital funding.
By Karen PierogJune 4 -
Texas' largest public school system would use the proceeds from its biggest-ever bond referendum to fix aging facilities and make other improvements.
By Karen PierogMay 31 -
The rating agency said legislation signed into law this month to limit annual property tax revenue growth to 5.5% could reduce commercial property collections.
By Karen PierogMay 29 -
A city council committee received staff recommendations to fully fund the Police and Fire Pension System within 30 years.
By Karen PierogMay 28 -
The move to reclassify marijuana as a less-dangerous drug comes amid slowing growth of cannabis-related tax revenue in states that legalized it, like Colorado.
By Karen PierogMay 28 -
A professional basketball arena costing at least $900 million moved forward in Oklahoma City with the city council's approval of a development agreement.
By Karen PierogMay 21 -
CPS Energy, which provides electricity and natural gas in the San Antonio area, has a $1.05 billion revenue bond issue pricing in early June.
By Karen PierogMay 21 -
Its state university systems face a funding freeze for noncompliance with a 2023 state law banning diversity, equity, and inclusion offices.
By Karen PierogMay 21 -
Texas Capital hired Steve Genyk, a former public finance head at UBS Financial Services, as a managing director to lead its new public finance business.
By Karen PierogMay 16 -
The spending plan for the fiscal year that begins July 1 would draw down the city's general fund balance to fill a budget gap that has grown to $187 million.
By Karen PierogMay 15 -
To keep up with anticipated passenger growth, Phoenix Sky Harbor International Airport plans to build an additional terminal.
By Karen PierogMay 14 -
Along with tax cuts and school funding increases, lawmakers created passenger rail funding streams and paved the way for a historic hotel's bond-financed purchase.
By Karen PierogMay 14 -
More than $17 billion of general obligation bonds piled onto May 4 election ballots in the state, with voters passing some of the biggest, including Dallas' $1.25 billion, 10-part package.
By Karen PierogMay 9 -
A state judge issued a temporary injunction against enforcement of the Energy Discrimination Elimination Act, which has led to the ban of seven financial firms, including four big municipal bond underwriters, from government contracts.
By Karen PierogMay 8 -
Delivery delays for Boeing planes are impacting airports, with Southwest Airlines recently announcing it is pulling out or reducing flights at some facilities.
By Karen PierogMay 7




















