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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A bill that advanced last week in the Texas Legislature would force a citywide vote on bonds for the Project Connect plan to build light rail.
By Karen PierogApril 25 -
The Republican-controlled legislature sent the governor a tax cut bill that included replacing the state's three-tier personal income tax structure with a flat 5.15% rate.
By Karen PierogApril 24 -
A bill to prevent developers from buying bonds issued by their metropolitan districts died, but another measure limiting interest rates in such cases was enacted.
By Karen PierogApril 24 -
The taxable bonds would finance a bottling and other facilities, which would be leased to a private business.
By Karen PierogApril 20 -
Dueling analyses out this week found the mixed-use development will either underperform or outperform in generating revenue for Tempe.
By Karen PierogApril 18 -
Participants in the Texas municipal market raised concerns over bills that would constrain debt issuance.
By Karen PierogApril 17 -
Ongoing litigation and a state investigative audit could impact bonds for a $5 billion expansion even if the debt is validated by the Oklahoma Supreme Court.
By Karen PierogApril 12 -
The early termination of the agreement is the latest setback for Legacy Cares, Inc., which has defaulted on bonds sold to finance the facility.
By Karen PierogApril 11 -
The growth in March tax collections reported by the states was less robust than a year earlier.
By Karen PierogApril 10 -
After falling to just $26.6 million in December, state officials lowered the program's reserves effective March 1 to boost capacity.
By Karen PierogApril 4