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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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 -
The measure would have prevented state and local public entities from requiring a company to implement an ESG policy to get a government contract.
June 20 -
The Oklahoma Supreme Court is considering the turnpike's application to jumpstart funding for a $5 billion extension project with $500 million of revenue bonds.
June 16 -
Easing drought conditions are not stopping states from restricting water use and investing in future supplies.
June 16 -
Lawmakers will be called back into session after Gov. Greg Abbott vetoed a bill for having too many loopholes.
June 14 -
Community colleges will be rewarded based on results that align with regional and state education and workforce needs.
June 13 -
Houston is one of the largest U.S. cities to set up a trust to help fund non-pension retiree benefits such as healthcare.
June 12 -
The state's attorney general called the move unconstitutional and warned that it will likely lead to costly litigation.
June 6 -
Texas Gov. Gregg Abbott plans a special session on school choice as more states pass vouchers and Arizona's universal program sees costs explode.
June 5 -
The settlement will allow Austin-Bergstrom International Airport to demolish the privately operated South Terminal as part of a midfield concourse project.
June 2 -
The state Supreme Court decided the lawsuit in the turnpike authority's favor, but it has yet to rule on the validity of bonds to finance a $5 billion extension.
June 1 -
The Legacy Capital Financing Act would give the state another option to fund capital projects after a delayed annual audit prevented the issuance of bonds.
May 31
