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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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.
By Karen PierogNovember 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."
By Karen PierogNovember 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.
By Karen PierogNovember 11 -
The city's mayor says clarity is needed on debt issuance practices in the wake of the ruling.
By Karen PierogNovember 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.
By Karen PierogNovember 8 -
Coconino County has issued debt to fund its prepayment to the Arizona State Retirement System, while Pinal County has a bond sale pending.
By Karen PierogNovember 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.
By Karen PierogNovember 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.
By Karen PierogNovember 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.
By Karen PierogNovember 1 -
F. John White led PFM as it became the top-ranked and largest independent municipal advisory firm in the nation.
By Karen PierogOctober 31