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.”
- New York
Moody's placed Yankee Stadium's Baa3 rating under review for upgrade, affecting roughly $1.26 billion of debt outstanding.
By Paul BurtonJune 17 - Pennsylvania
As Pennsylvania weighs moving new state hires into a hybrid plan partly based on 401(k)-style defined contributions, critics say it still leaves a massive unfunded liability untouched.
By Paul BurtonJune 17 - New York
The $82.1 billion budget New York City adopted for fiscal 2017 is a slight credit positive for the next two years, says S&P Global Ratings.
By Paul BurtonJune 16 -
A former vice president at Bryn Mawr Trust Co. is asking several federal and state agencies to investigate the Pennsylvania bank for possible fraud.
By Paul BurtonJune 16 - New York
Moody's upgraded the rating of the Mets' Citi Field bonds out of junk to Baa3 from Ba1, citing the team's World Series appearance last year.
By Paul BurtonJune 16 - New York
The New York City Council approved the final $82.1 billion fiscal 2017 budget to which its leaders and Mayor Bill de Blasio had already agreed.
By Paul BurtonJune 14 -
Scranton, Pa., which received its first bond rating in five years junk-level BB from S&P intends to sell $40 million to fund a back-pay settlement with police and fire unions.
By Paul BurtonJune 14 - Pennsylvania
Changes to Pennsylvania school district enhanced ratings by bond agencies are confusing the capital markets, according to PNC Capital Markets.
By Paul BurtonJune 9 - Rhode Island
Fortune 500 behemoth General Electric plans to bring 100 tech jobs to Rhode Island, Gov. Gina Raimondo announced.
By Paul BurtonJune 9 - New York
Most New York City agencies improved their rate of starting capital projects in 2015, said city Comptroller Scott Stringer.
By Paul BurtonJune 9 - Rhode Island
Patrick Marr will become chief of staff at Rhode Island Treasury, General Treasurer Seth Magaziner announced.
By Paul BurtonJune 8 - Massachusetts
Massachusetts does not expect to draw on the state's rainy-day budget to fill a $311 million revenue gap for fiscal 2016, a budget official tells investors.
By Paul BurtonJune 8 -
State Treasurer Denise Nappier announced a reduction in the Connecticut Higher Education Trust management fee, now that the direct-sold plan has exceeded $2.5 billion in assets.
By Paul BurtonJune 7 -
Michael Mulhern will resign as executive director of the embattled $1.6 billion MBTA Retirement Fund, which is under fire for its secretive management,
By Paul BurtonJune 7 - New York
New York Mayor Bill de Blasio has struck a disability pension deal with unions representing firefighters, sanitation workers and correction officers.
By Paul BurtonJune 7 - Massachusetts
Massachusetts officials acknowledge a $311 million year-to-date revenue shortfall that could complicate efforts to finalize a state budget.
By Paul BurtonJune 6 - New York
The New York City Housing Development Corp. intends to issue more than $455 million in bonds and provide more than $115 million in additional financing for affordable housing.
By Paul BurtonJune 6 -
Unrated Scranton, Pa., announced a P3 under which nonprofit National Development Council will manage its parking system.
By Paul BurtonJune 3 -
Mayor Bill de Blasio's plan to prop up New York Citys hospital system has inspired skepticism for relying on outside help seen as unlikely and efficiencies that nibble on margins full of red ink.
By Paul BurtonJune 3 -
New York City Comptroller Scott Stringer and California State Controller Betty Yee are urging public pension funds to embrace board-diversity practices inclusive of LGBT interests.
By Paul BurtonJune 2







