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 council is considering a $4.5 billion to $4.8 billion initial phase of the project. Legislation to stymie bonds did not pass the Texas Legislature.
May 31 -
Changes affecting the turnpike's board, which take effect Nov. 1, come as it awaits a court ruling on issuing initial bonds for a $5 billion project.
May 30 -
A tender offer and a debt service shortfall related to bonds issued in the wake of Winter Storm Uri popped up this month as its financial impact lingers.
May 25 -
The Oklahoma Turnpike Authority asked the court to approve $500 million of bonds to jumpstart funding for a $5 billion extension project.
May 24 -
Austin planned to use property taxes approved by voters in 2020 to pay off bonds for the project.
May 23 -
Public sector employers are in a fierce competition with the private sector for workers and may be losing amid labor shortages and inflation.
May 22 -
The city's agreement for the $2.1 billion, mixed-use project to build an arena for the NHL's Arizona Coyotes included a bond-financed cleanup of a landfill.
May 17 -
The up to $600 million of airport revenue bonds, which are slated to price in July, will continue funding for the reconstruction of the terminal and concourses.
May 17 -
A change by the IRS increases the Permanent School Fund's capacity by nearly 86%, allowing its triple-A school bond guarantee to be widely available again.
May 15 -
UBS will compensate a Texas school district, which was forced to resell bonds after the state attorney general rejected the investment bank's contract to purchase the debt.
May 12 -
A proposed IRS regulation boosts the amount of bonds that can be guaranteed by nearly 86% to about $218 billion.
May 12 -
The measure, which passed both legislative chambers in lopsided votes, would strip the governor of his sole ability to appoint turnpike board members.
May 12 -
A bill passed this week would place a measure on the November statewide ballot to prevent growing home values from raising property taxes.
May 10 -
Harris Health System is asking Harris County to place a bond proposition on the November ballot.
May 8 -
The resignation comes after the bank was placed on the state treasurer's list of fossil fuel industry boycotters.
May 5 -
The placement of Wells Fargo, JP Morgan Chase, and Bank of America on the list makes them ineligible for state and local government contracts.
May 4 -
The House is holding onto the bill until an agreement is reached with the Senate on public school funding.
May 3 -
The Chapter 11 filing follows defaults by nonprofit Legacy Cares on $284 million of mostly tax-exempt bonds sold through the Arizona Industrial Development Authority.
May 2 -
Public school districts account for most of the bonds on ballots as some need to finance new facilities to accommodate rising enrollment.
May 1 -
Gov. Laura Kelly allowed the bill's enactment without her signature, citing its "potential unforeseen consequences."
April 26
