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 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 -
The rating agency revised the outlook on the state's AA general obligation rating to positive from stable and said there is a one-in-three chance of a future rating upgrade.
By Karen PierogMay 7 -
The latest revision of Oklahoma's fossil fuel "boycotter" list added Barclays, which joins three other municipal bond underwriters placed there last year.
By Karen PierogMay 3 -
An amended bill that would clear the way for the Colorado Educational and Cultural Facilities Authority to issue bonds for its purchase of the Stanley Hotel, which inspired Stephen King's The Shining, advanced out of a Senate committee.
By Karen PierogMay 2 -
The state House easily overrode the governor's veto of a bill aimed at lowering income, sales, and property taxes,but the Senate's attempt failed by one vote.
By Karen PierogApril 30 -
School districts, which have been a main driver of debt issuance in Texas, account for 58% of the $17.4 billion of bond requests in Saturday's election.
By Karen PierogApril 30 -
Democratic Gov. Laura Kelly nixed another tax cut bill passed by the Republican-led legislature this year, while pushing a less-costly plan.
By Karen PierogApril 25 -
A Utah law may be tapped to issue bonds to renovate a downtown Salt Lake City basketball arena to accommodate the former Arizona Coyotes.
By Karen PierogApril 24 -
The 2022 law, which has so far banned three major investment banks from underwriting municipal bonds in Oklahoma, could be amended to limit its reach to state agencies.
By Karen PierogApril 23




















