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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A bill would authorize its capital city to issue up to $850 million in pension obligation bonds if it can get a true interest cost of 3.5% or less.
June 2 -
Skepticism continues, even as New York Gov. Andrew Cuomo led a cheerleading tour through the $11 billion project site under Grand Central Terminal.
June 1 -
Proceeds of the general obligation bonds will fund new capital projects and refinance debt, state Treasurer Beth Pearce said.
May 28 -
Given that subway safety concerns could impair a rebound from COVID-19, recent spikes in crime and levels of policing triggered spirited discussion at a board meeting.
May 27 -
The state's momentum with rating agencies continued when Fitch elevated its special tax obligation bonds to AA-minus.
May 27 -
Rhode Island Health and Educational Building Corp. is marketing the $127 million issuance as social bonds.
May 26 -
While Jacques Jiha cited improved outlooks to stable from Moody's and S&P, skeptics warned of inadequate use of federal aid and lingering outyear budget gaps.
May 25 -
Eli Dvorkin of the Center for an Urban Future suggests how New York City can save millions by improving its capital construction process. He also examines the city's tech growth. Paul Burton hosts. (23 minutes)
May 25 -
In what one critic called a "riverboat gamble," Mayor Jorge Elorza in Rhode Island's capital city seeks $704 million to pump into a severely unfunded system.
May 21 -
Alex Elegudin revealed confidential information to a paratransit vendor during a competitive bidding process, according to Carolyn Pokorny's office.
May 21 -
Incumbents Bill Peduto and Eric Papenfuse were unseated, the Allentown race is too close to call and constitutional amendments to curb a governor's emergency powers appear headed to victory.
May 19 -
Federal aid and vaccine distribution boosted the city's finances and optimism for economic recovery, but uncertainty lurks at the national and state levels.
May 18 -
Tom Kozlik of Hilltop Securities explores federal guidance over rescue aid use, whether states and local governments are ready to allocate the funding, and how a "golden age" could loom for public finance. Paul Burton hosts. (20 minutes)
May 18 -
States are well-positioned to emerge from COVID-19, the investment firm said in its annual grading.
May 18 -
Three upgrades in two days and four in six weeks mark the state's first bond-rating upgrades in 20 years.
May 17 -
Voters will decide on constitutional amendments regarding the length of time a governor can implement a disaster declaration without legislative consent.
May 14 -
Proposed remedies were as varied as the candidates themselves as eight leading Democratic candidates jousted in a live televised debate.
May 14 -
The outlook shift to stable from negative is a badly needed shot in the arm from the capital markets as the city prepares to come out of the COVID-19 pandemic.
May 13 -
A favorable response would enable pre-construction work for the long-awaited $11.6 billion upgrade of New Jersey-New York train tunnels.
May 13 -
Officials remembered him for his diligence and the respect he earned from both sides of the political aisle.
May 12
