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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A constitutional amendment would allow municipalities to approve districts that could issue bonds to finance infrastructure for housing developments.
By Karen PierogOctober 22 -
Conference sponsorships targeting bond firms led Mayor John Whitmire to call for a probe into actions by Controller Chris Hollins, who denied any wrongdoing.
By Karen PierogOctober 18 - Negotiated Bond Sales
Intermountain Power Agency's bond sale comes after Utah lawmakers tweaked a state law to address concerns about its impact on the agency's outstanding debt.
By Karen PierogOctober 16 -
Votes on Amendment A, which would have allowed excess income tax revenue earmarked for public education to flow into the state budget, will not be counted.
By Karen PierogOctober 15 -
Houston and other Texas cities face financial pressure caused by weather disasters, public safety salaries and pensions, or capped property tax collections.
By Karen PierogOctober 15 -
The University of Arizona, which was hit with negative rating outlooks earlier this year, scheduled a debt refunding led by Morgan Stanley for Wednesday.
By Karen PierogOctober 8 -
A lawsuit filed by a business group in federal court in August claims a 2021 Texas law violates free speech protections.
By Karen PierogOctober 7 -
The city council unanimously passed a deal that could lead to the issuance of up to $900 million of bonds and a sales tax hike to pay off the debt.
By Karen PierogOctober 2 -
The Texas city expects to finance 72% of the expansion program, which includes an arrivals and departures hall, with general airport revenue bonds.
By Karen PierogOctober 1 -
Litigation in Arizona, Oklahoma, Texas, and Utah could determine bond issuance, culpability for defaults, or the constitutionality of underwriter bans.
By Karen PierogOctober 1 -
The privately placed taxable bonds to be issued through Bernalillo County will help finance a manufacturing facility for Ebon Solar.
By Karen PierogSeptember 26 -
The merger, which takes effect Jan. 1, will combine the firms' public finance practices, which have a current headcount of 29 attorneys.
By Karen PierogSeptember 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.
By Karen PierogSeptember 24 -
Water agencies in Texas, Oklahoma, and Denver are selling a combined nearly $2 billion of triple-A-rated bonds this week.
By Karen PierogSeptember 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.
By Karen PierogSeptember 23 -
After getting positive outlooks from three rating agencies since 2023, Oklahoma received its first upgrade.
By Karen PierogSeptember 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."
By Karen PierogSeptember 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.
By Karen PierogSeptember 18 -
The districts, which finance public infrastructure for housing developments, are dealing with limited revenue growth and state actions to cut property taxes.
By Karen PierogSeptember 17 -
Amendment A on the Nov. 5 ballot would allow the state government to tap revenue currently earmarked for public education for other purposes.
By Karen PierogSeptember 17




















