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 biggest-ever bond referendum in Texas was passed Saturday for Dallas schools, while voters in only one city chose to leave Dallas Area Rapid Transit.
May 4 -
Fitch, Moody's, and S&P were sent a letter from 23 GOP state attorneys general over the use of ESG factors related to fossil fuel in negative rating actions.
April 28 -
Debt requests are escalating as the Lone Star State accommodates a growing population and addresses aging infrastructure.
April 28 -
The state Supreme Court's ruling comes in a case that targeted the 2022 issuance of nearly $687 million of ratepayer-backed bonds for a utility company.
April 23 -
The Arlington City Council approved a master agreement to fund ongoing maintenance, operation, and improvements at the city-owned NFL stadium.
April 23 -
The city council amended an ordinance dealing with police interaction with federal immigration enforcement to prevent a $114 million funding loss.
April 22 -
The Texas city's latest projection for the onset of a Level 1 emergency comes as water woes spurred rating downgrades and negative outlooks since last fall.
April 21 -
The Middle East conflict sent oil prices higher, potentially benefitting energy producing states, although heightened inflation risks could hit budgets.
April 21 -
Otero County said the state Supreme Court's decision protects bonds that are paid off with revenue generated under an agreement with the federal agency.
April 17 -
Austin and Dallas joined Houston in being warned that millions of dollars in state grants are at risk over federal immigration enforcement interaction policies.
April 17 -
The rating agency's previous review of the Texas city resulted in downgrades in December over increased credit risk due to water supply woes.
April 16 -
The city faces the loss of $110 million in Texas public safety grants while a $174 million deficit is projected for its current general fund budget.
April 15 -
A temporary injunction issued Monday blocks the removal of minority- and women-owned firms from the state's Historically Underutilized Businesses program.
April 14 -
The $1.18 billion revenue bond issue will commence long-term financing for a $5.5 billion expansion program at Austin-Bergstrom International Airport.
April 14 -
The Texas city is facing a potential level 1 emergency, indicating the water system is 180 days from supply not meeting demand.
April 8 -
The state Supreme Court's decision did not address the 2022 law's governmental contract ban for businesses deemed to be "boycotting" the fossil fuel industry.
April 8 -
The state's latest water plan outlines $174 billion of capital water needs over the next 50 years. "The era of cheaper water is over," said one state water official.
April 7 -
The exemption from state income taxes for Native Americans who live and work on federally designated tribal reservation land was at issue in the case.
April 6 -
The current 18,000-seat facility cost $87.7 million, and the city covered the cost with cash from its penny sales tax.
April 6 -
The $12.78 billion fiscal 2027 budget agreement unveiled by Republican officials comes as lawmakers prepare for looming federal Medicaid funding cuts.
April 2
