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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With $300 million of term bonds due in 2051 underperforming in secondary market trading, Kansas officials are eyeing a surplus revenue funded buyback plan.
By Karen PierogFebruary 13 -
Citi was barred from underwriting government bonds in Texas under a state law prohibiting contracts with companies that "discriminate" against the firearms industry.
By Karen PierogFebruary 9 -
Public school districts faced $1.38 billion in spending cuts next month due to a constitutional cap on expenditures.
By Karen PierogFebruary 9 -
The award to the South Terminal's private operator comes as Austin plans to demolish the facility as part of an expansion project to accommodate increased airport traffic.
By Karen PierogFebruary 8 -
Gov. Kevin Stitt wants to tap surplus revenue to build up reserves and is once again asking the legislature to eliminate the state sales tax on groceries and pass an expanded school voucher program.
By Karen PierogFebruary 7 -
Todd Russ, who took office Jan. 9, is vetting banks and financial institutions to determine if they are 'boycotting' Oklahoma's fossil fuel industry.
By Karen PierogFebruary 6 -
Despite its nearly drained capacity, the Texas Permanent School Fund program continues to operate as it seeks legislative and regulatory solutions to a federal cap.
By Karen PierogFebruary 3 -
Energy production taxes slowed or fell last month, with the oil tax generating $486 million, which was 14% higher than in January 2022, and natural gas tax revenue falling 13% at $322 million.
By Karen PierogFebruary 2 -
Christian Care Centers' bankruptcy liquidation plan leaves bondholders impaired after an asset sale raised only $44.25 million.
By Karen PierogJanuary 31 -
The popularity of Arizona's universal school choice program, which pays for private schools, brought higher-than-projected costs and future budget impact.
By Karen PierogJanuary 30