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 plan would raise about $100 million a year to create and preserve affordable housing.
July 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.
July 9 -
The system, along with UT Southwestern Medical Center, plan to build a $5 billion pediatric health campus in Dallas.
July 2 -
Laws enacted in Arkansas and Kansas will reduce income tax revenue by hundreds of millions of dollars in fiscal 2025.
July 2 -
The Colorado Educational and Cultural Facilities Authority formed a non-profit subsidiary to facilitate the financing, ownership, and operation of the historic hotel.
June 28 -
The 0.34% sales tax rate increase would raise an estimated $70 million annually for Colorado's only safety net healthcare provider.
June 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.
June 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.
June 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.
June 20 -
The city and its Austin Transit partnership are seeking court validation for bonds to help finance the multi-billion-dollar project.
June 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.
June 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.
June 13 -
The bonds are part of a proposed settlement with the city's firefighters union that would need court approval.
June 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.
June 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.
June 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.
June 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.
June 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.
June 4 -
Texas' largest public school system would use the proceeds from its biggest-ever bond referendum to fix aging facilities and make other improvements.
May 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.
May 29
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