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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According to State Comptroller Thomas DiNapoli, the brighter outlook could prompt increased rain-day deposits.
June 25 -
Eric Adams, Maya Wiley and Kathryn Garcia are the top three, though under the new system, determining a winner could take weeks. For comptroller, City Council member Brad Lander had a solid lead over council Speaker Corey Johnson, 31.5% to 22.7%.
June 23 -
Excessive payments to 24 employees exceeded $470,000 between 2005 and 2018, according to the Massachusetts inspector general's office.
June 22 -
The agreement over middle-class tax relief could set the stage for passage of the fiscal 2022 budget.
June 22 -
The city council is considering the city's budget, which gave preliminary approval to a roughly $5.2 billion spending plan that allocates $156 million for violence prevention programs. Council members expect to vote on the budget Thursday.
June 21 -
The state stands to become the 19th to legalize non-medical use of cannabis and along with it up to $97 million of new tax revenues by fiscal 2026.
June 18 -
Mayor Jorge Elorza’s $850 million POB proposal sits stalled in the state legislature while state General Treasurer Seth Magaziner called the legislation too risky.
June 18 -
Lawmakers could not enact the bill on the final day of the regular session, when House Republicans threatened a filibuster.
June 15 -
Adam Andrzejewski, CEO and founder of transparency organization OpenTheBooks.com, pinpoints examples of wasteful government spending and "filthy rich" communities and institutions getting federal bailout money. Paul Burton hosts (15 minutes).
June 15 -
In Part 2 of this special series, Northeast Regional Editor Paul Burton and guests Anthony Figliola, Andrew Rein and Nicole Gelinas discuss what the next New York mayor will inherit and what's needed to win back businesses and tourists. (11 minutes)
June 14 -
With the mayor's race riveted on public safety, candidates discussed the city’s finances in a televised debate.
June 14 -
The rating agency elevated its outlook to stable on the state’s general obligation bonds and various state-entity revenue bonds.
June 14 -
One of the city's most significant elections is also one of the strangest with a pandemic, an open seat, crime and financial strife, and ranked-choice voting at play.
June 11 -
In Part 1 of this special series, Northeast Regional Editor Paul Burton and guests Nicole Gelinas, Anthony Figliola and Andrew Rein explore what this year's New York mayoral race means for the city and its people, investors and business leaders. (15 minutes)
June 11 -
The businessman and former Assembly member looks to prevent the first re-election of a Democratic governor in more than 40 years.
June 9 -
A last-minute bill that would have authorized a split of board chairman and chief executive positions appears to have died in the state Senate.
June 9 -
Patrick Foye will leave as chairman and CEO, with Sarah Feinberg elevated to chairman and Janno Lieber becoming chief executive officer.
June 8 -
The $720 million issuance will include a $168 million sustainability component to help fund the $2.3 billion Green Line light rail extension.
June 8 -
The transit agency's acknowledgment of an intrusion set off loud alarm bells about the rising threat of public-issuer system hacks.
June 7 -
Raymond James is senior manager for the sale, which will feature $82 million of Series B tax-exempt and $17 million of Series A federally taxable bonds.
June 4
