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.”
- Massachusetts
Boston's $4.3 billion, or 88% growth in taxable valuation for fiscal 2017 is a credit positive, said Moody's.
February 9 -
Connecticut Gov. Dannel Malloys $40.6 billion biennial budget measures aim to closing a $1.7 billion annual deficit. He also wants to tax hospital properties for the first time.
February 8 -
PennsylvaniaThe debacle in Illinois hovers as Pennsylvania lawmakers debate Gov. Tom Wolfs proposed $32.3 billion budget.
February 7 - Rhode Island
Rhode Island Treasurer Seth Magaziner and activist shareholders met with Wells Fargo CEO Timothy Sloan regarding the bank's fraud.
February 7 -
Rhode IslandRhode Islands pension fund earned more than $530 million in investment gains in 2016, the most in three years, said Treasurer Seth Magaziner.
February 3 -
Rhode Islands government has developed programs to revive its manufacturing industries with an eye toward improving the states economy.
February 3 -
ConnecticutLt. Gov. Nancy Wyman's vote breaks a tie as Connecticut lawmakers pass bill that lowers the assumed rate of return on pensions and restructures payments.
February 2 - New York
New York City's agreement with its police union reduces uncertainty as amid the city's annual budget process, said S&P.
February 2 -
Darryl Irick is acting president of the MTA's New York City Transit unit, interim executive director Ronnie Hakim announced.
February 2 -
Financial advisor Hilltop Securities Inc. formerly First Southwest has agreed to pay $16 million to settle the lawsuit Rhode Island Commerce Corp. brought in the wake of the failed 38 Studios deal.
February 1 -
New YorkNew York Mayor Bill de Blasio and Patrolmen's Benevolent Association president Patrick Lynch announced a tentative contract agreement.
February 1 -
Veronique Ronnie Hakim will be the interim executive director of New Yorks MTA and Fernando Ferrer its interim chairman, said Gov. Andrew Cuomo.
January 30 -
Former Harrisburg, Pa., Mayor Steve Reed received two years of supervised probation after pleading guilty to 20 counts of receiving stolen property.
January 30 -
New YorkNew York Mayor Bill de Blasio wants state authority to use a design-build system for infrastructure procurements, amid headwinds from opponents that include labor unions.
January 27 -
New Yorks Metropolitan Transportation Authority board switched tracks and shielded single-fare riders from the latest round of biennial fare and toll increases.
January 25 -
New YorkAmid deep uncertainty in Washington, New York Mayor Bill de Blasio released his $84.7 billion fiscal 2018 preliminary budget.
January 24 -
New York MTA retired $945 million of debt from its core portfolio last year through normal amortization, said deputy finance director Olga Chernat.
January 24 - Connecticut
Connecticut's agreement with labor unions to change various pension funding assumptions has a mildly positive credit effect on the state, said S&P.
January 24 -
New Yorks Metropolitan Transportation Authority expects to issue more environmental green bonds in 2017, a finance official told board members.
January 23 -
Stephen Reed, Harrisburg, Pa., mayor from 1982 to 2009, pleaded guilty to stealing city-purchased artifacts.
January 23
