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 deal has until the end of Friday to clear the Texas Bond Review Board, whose members had no questions about the transaction when it was presented at a Thursday meeting.
November 17 -
With federal funding accounting for the largest portion of its revenue, Utah is mulling safeguards in the event of a future decrease.
November 16 -
Rising property values will help keep the $3.56 billion of new bonds manageable, particularly if issuance is spread over multiple years, rating analysts said.
November 14 -
"The muni market was a calling for me," Vernon Lewis said. "It was something where I can finally give my expertise and help my city as a whole, as well as the taxpayers."
November 14 -
The newly stand-alone Water Infrastructure Finance Authority can sell water augmentation bonds as part of the state's quest for new water sources.
November 11 -
The city's mayor says clarity is needed on debt issuance practices in the wake of the ruling.
November 11 -
The $2.1 billion project could appear on the May 2023 ballot if the Tempe City Council approves it and potential petition drives launched to require voter approval are successful.
November 8 -
Coconino County has issued debt to fund its prepayment to the Arizona State Retirement System, while Pinal County has a bond sale pending.
November 7 -
Utah's first debt affordability study said while pay-as-you-go funding for capital projects is preferred, an economic downturn could lead to more debt issuance.
November 2 -
Jared Polis' $42.7 billion all-funds spending plan for the fiscal year that begins July 1 includes a $16.7 billion general fund with a $2.174 billion reserve.
November 2 -
A Texas judge ruled the Amarillo City Council did not provide sufficient notice to the public prior to its approval of $260 million of tax anticipation notes.
November 1 -
F. John White led PFM as it became the top-ranked and largest independent municipal advisory firm in the nation.
October 31 -
Population growth is fueling bond proposals in Texas, particularly for schools; K-12 districts there are asking voters for $15 billion of bond authority.
October 24 -
The operator of the South Terminal said it expects to prove hundreds of millions of dollars in damages caused by the city of Austin's "unlawful actions."
October 21 -
Texas university lands in the Permian Basin, which face a potential EPA crackdown, generated $2.124 billion for the Permanent University Fund in fiscal 2022.
October 17 -
The two hires boost Bancroft's muni staff to 11 in offices in Dallas, Fort Washington, Pennsylvania, and San Mateo, California.
October 14 -
The Kansas Corporation Commission approved a $92.7 million securitization for Atmos Energy. It had already approved $328 million for Kansas Gas Service.
October 14 -
UBS Group was the only bank that underwrites munis included in the state's list of financial companies determined to be boycotting energy businesses.
October 11 -
Ratings for Kansas have not changed since it was downgraded three times during the prior decade due to structural budget problems in the wake of tax cuts.
October 6 -
The El Paso County Hospital District is evaluating options, including other debt proposals, to address capacity constraints at its facilities.
October 4
