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 city plans to sell as much as $295 million of general obligation and revenue bonds in two deals next month.
October 18 -
The state reported a $7.07 billion budget balance and $1.8 billion in its rainy day fund.
October 16 -
Revenue for the state's fiscal 2024-25 biennium that began Sept. 1 is projected to exceed the enacted budget by nearly $18.3 billion.
October 5 -
Several states enacted school voucher or tax credit laws this year, while Arizona officials grapple with rising costs in its universal program.
October 5 -
Legacy Cares, which filed for bankruptcy in May, is trying to sell Legacy Park, which was financed with now-defaulted bonds issued in 2020 and 2021.
October 4 -
Escalating operating losses led to bond rating downgrades for Wise Health System ahead of its potential acquisition this quarter.
October 3 -
City voters will decide Dec. 12 on a proposed one cent, six-year sales tax to fund an at least $900 million arena for the NBA's Oklahoma City Thunder.
October 2 -
The city plans to refund the privately placed special tax revenue obligations with long-term bonds in 2024.
September 28 -
Final state approval of the debt was conditioned on the resolution of a petition to the Oklahoma Supreme Court to revisit its Aug. 1 validation of the debt.
September 27 -
The state's Water Infrastructure Finance Authority is "strongly considering" the use of bonds as it seeks ideas on augmenting water supplies.
September 26 -
Kevin Stitt ordered a special session to put the state on a path to zero income taxes and consider a proposal sparked by a dispute over Native American taxation.
September 25 -
Bond trustee UMB Bank informed owners of the defaulted debt they may have actionable claims related to the bonds' sale.
September 22 -
A referendum for up to $350 million of general obligation bonds for a terminal project will appear on the Nov. 7 ballot.
September 20 -
A constitutional amendment on the Nov. 7 ballot would deposit $1 billion in a Texas Water Fund with at least 25% earmarked to increase the drought-prone state's water supply.
September 18 -
The rating is the first so far released for a controversial debt sale that will begin financing a $5 billion, 15-year toll road expansion project.
September 15 -
The state in 2010 sold $1.5 billion of bonds backed by payments from a master settlement agreement with tobacco firms and used the proceeds to pay overdue bills.
September 13 -
The authority approved $1.3 billion in conduit financings at its meeting Tuesday.
September 13 -
The bond issue, which was delayed due to litigation, would be the first debt sold by the turnpike authority for its $5 billion, 15-year toll road program.
September 12 -
States nationwide saw slower general fund revenue growth in fiscal 2023 after gains the previous two fiscal years fueled by high inflation and federal stimulus.
September 11 -
The Des Moines Airport Authority wants to take advantage of Polk County's triple-A ratings to lower borrowing costs for a terminal project.
September 7
