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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New YorkMunicipal bonds played a key role in New York Citys rebound from the Sept. 11, 2001, terrorist attacks on the World Trade Center.
September 12 -
ConnecticutAdmitting its budget imbalance problem is Connecticut's first step to reversing bond rating downgrades, said state Comptroller Kevin Lembo.
September 12 -
New YorkIndustry professionals 15 years later share memories of the terrorist attack on New York and how it still shapes their perspectives.
September 9 -
Rhode Island will use $400 million under its RhodeWorks infrastructure initiative to rebuild and replace bridges at a crumbling Providence interchange.
September 7 -
Surety provider Arch Insurance will take over costs and oversee construction of a stalled minor-league ballpark in Hartford, Conn., Mayor Luke Bronin announced.
September 7 -
The Pennsylvania Turnpike Commission is headed toward a fiscal pileup that could imperil the states entire transportation system, said state Auditor General Eugene DePasquale.
September 7 -
The New York City Transitional Finance Authority intends to sell roughly $1 billion of future tax-secured subordinate bonds later this month.
September 6 - Connecticut
Fitch downgraded Connecticut's outstanding special tax obligation bonds to AA-minus from AA, citing its revised U.S. tax-supported rating criteria.
September 2 -
Rhode IslandRhode Island ended fiscal 2016 with a $167 million surplus, or $44 million more than expected, said Gov. Gina Raimondo.
September 2 -
PennsylvaniaPennsylvania Auditor General Eugene DePasquale has begun an audit of Pittsburgh's public pension plan and repeated his call for statewide overhaul.
September 1 -
The National Development Council closed its $32 million parking system transaction with Scranton, Pa.
September 1 -
New YorkThe New York Yankees intend to refinance more than $1 billion in tax-exempt revenue bonds issued to build their latest stadium.
August 30 -
Amtrak countersued the Massachusetts Bay Transportation Authority over $30 million for track maintenance between Boston and Rhode Island.
August 29 -
Fifty years ago, Rhode Island Health and Educational Building Corp. issued a $1.6 million bond for a now-defunct biblical school. Since then it has handled roughly $7.4 billion in debt.
August 26 -
ConnecticutConnecticut's two largest pension funds exceeded benchmarks but only returned 0.26% and 0.25%, state Treasurer Denise Nappier announced.
August 23 -
PennsylvaniaThe $2.5 billion line of credit Pennsylvanias Treasury extended to the state to support its general fund is a credit negative, according to Moodys.
August 22 -
Moody's upgrades Pennsylvania's school district pre-default enhancement program to A2 from Baa1, citing a new state law.
August 16 -
New YorkBrooklyn Nets owner Mikhail Prokhorov intends to refinance debt for the Barclays Center arena through a $482 million offering by the Brooklyn Area Local Development Corp.
August 12 - Rhode Island
The Rhode Island Infrastructure Bank is providing $17.2 million in financing to six communities, Gov. Gina Raimondo and General Treasurer Seth Magaziner announced.
August 12 -
The MTAs New York City Transit division left more than $13 million in fines and fees on the table, according to an audit by state Comptroller Thomas DiNapoli.
August 11
