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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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 -
New YorkNew York Mayor Bill de Blasio nominated Eric Enderlin as president of the Housing Development Corp., a major player in de Blasio's affordable housing initiative.
August 11 -
New YorkSigns of a possible slowdown of New York Citys economy merged during the second quarter, said city Comptroller Scott Stringer.
August 10 -
Transit officials and advocates recalled Robert Kiley as a savvy manager who helped lead New York Citys subway and bus system out of its systematic decay.
August 10 -
A political brawl involving a bone-dry transportation trust fund and a pension-funding referendum continues as New Jersey lawmakers reconvene.
August 5 - New York
Mayor Bill de Blasio, several city and federal agencies and private developers closed a deal to finance the acquisition and renovation of five properties in Harlem through bonds.
August 5 -
The control board appointed a year ago to get a handle on the troubled Massachusetts Bay Transportation Authority is beginning to show progress, though much work remains, Massachusetts transit advocates say.
August 5 -
Rhode Island state Rep. Robert Craven Sr., a former state assistant attorney general, is calling for the release of grand jury documents and testimony on the states 38 Studios investigation.
August 4 - Connecticut
Connecticut sold $250 million in tax-exempt general obligation bonds at a record low overall interest rate, said Treasurer Denise Nappier.
August 4 - New York
New York City should budget even more conservatively to offset risks of up to $900 million in its four-year financial plan, said the New York State Financial Control Board
August 3 - Connecticut
The Connecticut Housing Finance Authority plans to offer $185 million in bonds in August.
August 2 - New York
New York City Comptroller Scott Stringer lambasted City Hall for operational snafus in the sale of a Lower East Side nursing home to a luxury condominium developer.
August 2 -
New YorkA robust toolbox of financing programs helped a New York agency sell $1.3 billion of bonds last year to help further the city's affordable housing thrust, said its chief.
August 1 -
Rhode Island wont file criminal charges related to 38 Studios, frustrating those who want to know more about the deal behind Curt Schillings video-game company.
August 1 - New York
New York City faces outyear budget gaps of as high as $4 billion by fiscal 2019 according to an analysis by city Comptroller Scott Stringer.
July 27 -
New York MTA expects to save roughly $152 million in interest from its planned $1 billion sale of Hudson Yards lease securitization bonds, said CFO Robert Foran.
July 27
