Paul Burton is the Northeast Regional Editor for The Bond Buyer. His major coverage has included New York City and MTA finances; the Harrisburg, Pa., debt crisis; the 38 Studios bond financing fiasco in Rhode Island; and unfunded pension liability. Paul hosts podcasts and videos and has moderated at Bond Buyer conferences. Previously, Paul was senior editor and copy chief at M&A-oriented financial media company The Deal LLC. His award-winning career has spanned financial, sports and political journalism. A Boston native, Paul is the author of the book “Tales from the Newsrooms.” He is a frequent public speaker and has appeared as an expert on municipal debt on radio and television shows, including former CBS News White House correspondent Sharyl Attkisson’s public-affairs program, “Full Measure.”
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The agency must still pay the commonwealth due to 2007 legislation that went sideways.
July 21 -
As congestion pricing looms, the mass-transit authority is hearing calls to rework its system to attract riders to support its capital program.
July 20 -
The New Jersey Educational Facilities Authority and the Ivy League university named Ramirez Asset Management, in their first collaboration with an MWBE firm.
July 19 -
Children born into poverty whose births are covered by the state's Medicaid program are eligible, with funding through $600 million of GO bonds over 12 years.
July 16 -
“There’s been a lot of discussion about New York City and its future in the public domain. And when that happens it makes sense to solicit multiple opinions,” said Kroll Senior Managing Director Karen Daly.
July 14 -
A brightening revenue and liquidity picture and improved fiscal governance and management were cited as Moody's assigned a positive outlook.
July 14 -
Officials from the Westchester County city and ACA Financial Guaranty disagree over who is on the hook for revenue bonds that aren't generating enough revenue.
July 12 -
The city, which Moody's downgraded last week, is appealing a Nassau County judge's ruling that has it on the hook for $131 million over a dispute with a developer.
July 12 -
Rating agencies are pushing municipal issuers to build online security risks like ransomware attacks into mitigation strategies that include more transparency.
July 9 -
In his lawsuit in state Supreme Court, the New York city comptroller seeks a return of oversight to his office,
July 8 -
The Brooklyn borough president maintained his narrow lead under the city's ranked-choice voting system, prompting Kathryn Garcia and Maya Wiley to concede.
July 7 -
The calendar includes $4.25 billion of new money and $2.5 billion of refundings and reofferings, New York State's comptroller said.
July 7 -
Joseph Krist, publisher of Muni Credit News, explores state budgets, federal aid, climate change and cybersecurity. Paul Burton hosts. (34 minutes)
July 6 -
Ridership displacement, remote work and online shopping amplify pre-pandemic challenges such as large capital plans.
July 1 -
By contrast to the circus surrounding the Board of Elections, the City Council quickly passed a record $98.7 billion spending plan drama-free.
July 1 -
The Board of Elections acknowledged a major error in Tuesday's update. Outgoing Mayor Bill de Blasio and the City Council, meanwhile, are finalizing a $98.7 billion FY22 budget.
June 30 -
A $3.7 billion transfer from the general fund would cover $2.5 billion for retiring and defeasing state debt, and $1.2 billion to backstop capital construction projects.
June 29 -
State Treasurer Shawn Wooden discusses the state's across-the-board bond rating upgrades, its immediate challenges and initiatives such as "CT Baby Bonds." Paul Burton hosts. (19 minutes)
June 29 -
The U.S. Department of Transportation secretary and elected leaders from New York and New Jersey pitched the $11.6 billion project, citing economic and safety concerns.
June 29 -
India Walton, a registered nurse and union activist, stands to become the first self-declared socialist to oversee a major American city in decades.
June 25
