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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Up to $182 million of bonds will be issued by a city of Frisco entity to renovate Toyota Stadium, home to Major League Soccer's FC Dallas.
By Karen PierogSeptember 18 -
The districts, which finance public infrastructure for housing developments, are dealing with limited revenue growth and state actions to cut property taxes.
By Karen PierogSeptember 17 -
Amendment A on the Nov. 5 ballot would allow the state government to tap revenue currently earmarked for public education for other purposes.
By Karen PierogSeptember 17 -
A negative outlook for the city's AA rating by Fitch Ratings follows similar action taken by S&P Global Ratings in July.
By Karen PierogSeptember 16 -
The Payson Town Council's passage last month of a bond resolution using an emergency clause violated the Arizona Constitution, according to a lawsuit.
By Karen PierogSeptember 13 -
The passage of a $11 billion plan, which aims to fully fund police and fire pensions in 30 years, comes as the retirement system is pushing its own plan in court.
By Karen PierogSeptember 12 -
Houston-based Texas Children's Hospital plans to sell about $222 million of tax-exempt, fixed-rate revenue bonds this week.
By Karen PierogSeptember 10 -
Stagnant per-pupil state funding amid rising costs led to budget deficits, lower reserves, and ballot proposals to raise property tax rates for some districts.
By Karen PierogSeptember 10 -
General fund revenue growth of only 1.1% in the fiscal year that ended Saturday, marks a continued slowdown since fiscal 2022's 26.4% increase.
By Karen PierogSeptember 4 -
The one-notch general obligation and certificates of participation rating downgrades resulted from the application of Fitch's updated criteria.
By Karen PierogSeptember 3