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 rating agency cited ongoing positive financial and enplanement trends at the airport, which is planning a refunding.
October 31 -
Public schools account for most of the $28.48 billion of bonds on Texas ballots Nov. 7.
October 30 -
The Grand River Dam Authority, the state's largest public power utility, is expected to start issuing the debt later this year.
October 27 -
Gov. Gretchen Whitmer chose Jen Flood, her deputy chief of staff, to replace Chris Harkins who is leaving state government later this year.
October 26 -
A $25.5 million cash offer plus some equity was made to acquire Legacy Park, which was financed with $284 million of now-defaulted revenue bonds.
October 25 -
Record-breaking hot temperatures in the Southwest this summer likely had economic consequences and could focus the municipal bond market on heat-related credit risks and infrastructure needs.
October 23 -
The state's strong reserves contributed to brighter rating outlooks from Moody's Investors Service and, earlier this year, S&P Global Ratings.
October 19 -
The rating agency raised the city's general obligation and sales tax securitization bond ratings a notch to BBB-plus and AA-plus respectively.
October 19 -
The $500 million of revenue bonds to initially finance a $5 billion controversial expansion program were priced amid a turbulent market.
October 18 -
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
