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 bond proposition passed with more than 59% of the vote, according to unofficial election results.
By Karen PierogJune 29 - Arizona is one of seven states that depend on the Colorado River to provide water for 40 million people.Sponsored by Assured Guaranty
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Austin Independent School District may put as much as $1.5 billion of bonds on the Nov. 8 ballot with some of the proceeds earmarked for building security.
By Karen PierogJune 22 -
The airport benefits from growing population “that skew[s] young and wealthy,” the rating agency said.
By Karen PierogJune 21 -
The laws raise borrowing costs for issuers and limit the distribution networks, according to a study.
By Karen PierogJune 17 -
M. Elizabeth Reich has resigned as Dallas’ chief financial officer after almost six years and will be replaced by Jack Ireland, the city’s budget director.
By Karen PierogJune 15 -
Negotiations over a new home for the Coyotes and related multi-use development are underway in Tempe after the team was exiled from nearby Glendale.
By Karen PierogJune 13 -
The Oklahoma Turnpike Authority took action on Thursday to head to the state Supreme Court to validate $5 billion of planned bond issuance.
By Karen PierogJune 13 -
Phoenix may end a GO bond drought with a plan to ask voters next year to approve $500 million of debt to fund projects in the growing city.
By Karen PierogJune 9 -
Gov. Jared Polis, who has been pushing for his state to become a center of the blockchain economy, signed a bill requiring a study of security tokens.
By Karen PierogJune 8 -
The COVID-19 pandemic is largely in the rearview mirror for toll roads in Texas, where traffic and revenue are climbing and population growth is fueling demand.
By Karen PierogJune 6 -
The GOP-controlled state legislature adjourned without passing a bill barring government contracts with firms, including banks that underwrite municipal bonds, if they “discriminate” against the firearm industry.
By Karen PierogJune 1 -
As much as $3 billion of Oklahoma utility debt related to 2021's Winter Storm Uri will begin hitting the market as early as July after winning state court approval.
By Karen PierogMay 31 -
Rising home values are putting the spotlight on property taxes in Texas, where state lawmakers are eying tax relief options even as previously approved measures slow the growth in tax bills.
By Karen PierogMay 26 -
A nonprofit Texas-based retirement community operator filed for Chapter 11 bankruptcy on Monday to deal with its troubled debt and sell its assets.
By Karen PierogMay 24 -
Elected officials in Republican-dominated states say S&P Global Ratings, by introducing ESG analysis, is politicizing the ratings process or even possibly acting illegally.
By Karen PierogMay 23 -
While the report offers many positives for states, headwinds loom, according to investment management firm Conning.
By Karen PierogMay 19 -
A spike in POB issuance last year that was spurred by low interest rates, roaring stock markets, and other factors is likely to wane.
By Karen PierogMay 16 -
The recent Texas law led the Texas Department of Housing and Community Affairs to drop three underwriters from a recent deal late in the process.
By Karen PierogMay 10 -
San Antonio and Fort Worth voters approved bonds, while a few school districts stumbled, particularly with projects unrelated to academics.
By Karen PierogMay 10


















