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 state-created agency has a plan to finally tap hitherto unused proceeds from a 2021 bond issue.
July 31 -
The second largest Texas city could be headed to a trifecta of triple-A ratings after Fitch revised the outlook on the city's AA-plus rating to positive.
July 27 -
Mayor David Holt says the city and its NBA team can replace the Paycom Center with a bigger facility without raising taxes.
July 26 -
Energy-producing states are riding out oil and natural gas price swings that affect severance tax collections.
July 24 -
Bondholders, other creditors, and the venue's owner argued the U.S. trustee's move would be detrimental for a plan to sell the facility to maximize recoveries.
July 21 -
Utilities paid sky-high prices for natural gas and power during Winter Storm Uri, leading to the issuance last year of nearly $2.9 billion of bonds to cover those costs.
July 19 -
The one-notch upgrade to AA reflects growth in Kansas Department of Transportation available fund balances and the state's improved credit quality, Fitch said.
July 18 -
Amid bankruptcy proceedings, the project's owner and bondholders agreed to a plan to re-issue most of the defaulted debt.
July 18 -
The airport's bond ratings were raised a notch to A-plus by S&P and to AA by KBRA.
July 17 -
After months of feuding on how to deliver a massive property tax cut, lawmakers finally passed legislation for an $18 billion package.
July 14 -
As the Oklahoma Supreme Court nears a decision on the validity of initial bonds for the turnpike's $5 billion project, property owners again raised objections.
July 14 -
Escalating costs, particularly for wages, could strain budgets or drain reserves, the rating agency said.
July 12 -
Legislative leaders said they agreed to an $18 billion package that includes a reduction in school property taxes and a higher homestead exemption.
July 10 -
A federal bankruptcy judge will hold a hearing later this month on appointing an independent trustee for Legacy Cares or dismissing the case.
July 10 -
The rating agency said the airport has a one-in-three chance of an upgrade over the two-year outlook period.
July 5 -
The city would issue short-term debt this summer and refund it as part of a long-term bond offering next year.
June 30 -
With no agreement on how to structure a historic property tax cut, Gov. Greg Abbott ordered state lawmakers back for a second special session.
June 29 -
State lawmakers passed bills aimed at the city's home-rule powers and a union contract impasse, as well as funding for a convention center expansion.
June 27 -
As the Republican-controlled state House and Senate remain divided on how to deliver a historic tax cut, the governor vetoed dozens of bills to pressure lawmakers.
June 26 -
The departure of four attorneys marks the second group exodus in Texas this year for Orrick.
June 22
