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 lawsuit contends the city is not complying with a 2024 voter-approved charter amendment requiring increased spending on police.
By Karen PierogFebruary 13 -
Cases involving bonds for the city's convention center and a light-rail project are pending before the Texas Supreme Court.
By Karen PierogFebruary 13 -
The competitive bond sale comes after the triple-A-rated city received a negative outlook from S&P over the use of reserves to ease budget pressures.
By Karen PierogFebruary 10 -
The state transportation commission expects to tap into $1.5 billion of revenue bond authorization with two deals totaling $350 million this year.
By Karen PierogFebruary 10 -
The city of Olathe and the Unified Government of Wyandotte County-Kansas City, Kansas, signaled support for a state bond plan to move the team from Missouri.
By Karen PierogFebruary 10 -
A federal court decision enjoins the state from enforcing a 2021 law that penalizes investment banks and others for "boycotting" the fossil fuel industry.
By Karen PierogFebruary 5 -
The Texas city, which is a regional water supplier, is turning to several sources to boost dwindling water supplies amid an ongoing drought.
By Karen PierogJanuary 28 -
After Ken Paxton's opinion said giving preferences based on sex or race is unconstitutional, his office set a new certification requirement for bond issuers.
By Karen PierogJanuary 27 -
Dallas Area Rapid Transit's moratorium on new debt issuance comes as voters in five of its 13 member cities will decide whether to withdraw from the agency.
By Karen PierogJanuary 22 -
Nederland plans to sell bonds backed solely with revenue generated by the Eldora Mountain Resort, which it plans to buy and improve with the proceeds.
By Karen PierogJanuary 22 -
A plan before county commissioners to put a 0.625% permanent sales tax on the April ballot to complete a bond-financed jail project failed to advance.
By Karen PierogJanuary 21 -
Republican Ken Paxton said his first-of-its-kind legal opinion aims to dismantle diversity, equity, and inclusion practices in the Lone Star State.
By Karen PierogJanuary 20 -
The state's Democratic governor and Republican-controlled legislature are at odds over how much to conform with federal tax changes enacted last year.
By Karen PierogJanuary 20 -
Pending city council approval, the February competitive bond sale would be the first issuance from $950 million of debt authorized by voters on Nov. 4.
By Karen PierogJanuary 15 -
The rating agency lifted the state's general obligation and other ratings by a notch, citing well-established and prudent governance practices.
By Karen PierogJanuary 13 -
The second-largest public school system in Texas could ask voters to approve as much as $6.24 billion of bond authorization as soon as in May.
By Karen PierogJanuary 13 -
Bank of America and Wells Fargo will lead underwriting for $1.8 billion of sales tax and revenue bonds issued through the Kansas Development Finance Authority.
By Karen PierogJanuary 8 -
University Park joined four other cities in placing measures on the May 2 ballot asking voters to decide whether to withdraw from Dallas Area Rapid Transit.
By Karen PierogJanuary 7 -
The Nederland Board of Trustees approved an agreement to purchase the Eldora Mountain Resort contingent on the sale of revenue bonds.
By Karen PierogJanuary 7 -
Bond sales by Texas issuers rose 21% to $82.52 billion, putting the state in second place behind California and well ahead of third-place New York.
By Karen PierogJanuary 6




















