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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ConnecticutThe budget problems of Connecticut, which received two downgrades Thursday, are also a problem for its three largest cities.
May 20 -
Standard & Poor's and Fitch Ratings both downgraded Connecticut's general obligation bonds to AA-minus from AA in advance of the state's $511 million sale.
May 19 -
The retail development lure could help Gov. Andrew Cuomo push the New York Penn Station project in a region noted for megaproject delays and fractious governance.
May 18 -
Central Falls, R.I.'s last proposed budget under a five-year bankruptcy plan shows a capital markets underpinning that includes a rainy-day fund.
May 17 - New York
New York City will end fiscal 2016 with a $3.5 billion surplus, $151 million more than Mayor Bill de Blasios estimate, said the watchdog Independent Budget Office.
May 16 -
ConnecticutThe grim financial picture in Hartford, Conn. includes rating downgrades, doomsday budget forecasts and two stadium fiascos.
May 13 - Connecticut
Connecticut's House of Representatives is scheduled to debate a nearly $20 billion state budget for fiscal 2017, one day after Senate approval.
May 13 -
New YorkSigns of a cooling economy in New York City emerged despite first quarter 2016, growth, said city Comptroller Scott Stringer.
May 13 -
The Massachusetts Bay Transportation Authority will terminate five legacy interest-rate swaps after receiving approval to do so from its two governing boards.
May 10 - New York
New York City intends to sell $800 million of general obligation refunding bonds on May 18 through negotiation.
May 9 -
The Rhode Island Infrastructure Bank closes $6 million in loans for repair projects through the municipal road and bridge revolving fund.
May 6 -
As Pennsylvania lawmakers debate Gov. Tom Wolf's proposed $32 billion fiscal 2017 spending plan, many municipal analysts view the state's prospects in a negative light.
April 29 - Connecticut
The Connecticut Housing Finance Authority intends to offer $189 million in tax-exempt bonds to finance single-family mortgages.
April 25 -
The MTA board authorized Chairman Thomas Prendergast to settle a dispute with New York City officials over the proposed 99-year lease of its former headquarters.
April 21 -
The New York MTA board approved the latest, $29.5 billion, iteration of a five-year capital program that seemingly has had more delays than some of its megaprojects.
April 20 -
ConnecticutHartford, Conn., received a one-notch downgrade from Moodys Investors Service, to Baa1 from A3.
April 20 -
Variable-rate debt represents a manageable 7% of New York MTAs $36.7 billion debt portfolio, finance manager Patrick McCoy said.
April 19 -
Construction delays at the 72nd Street station could jeopardize the planned December opening of the Second Avenue subway line, New York MTA officials say.
April 18 -
Outside-the-box approaches to New York's regional transportation woes still beg the question of funding.
April 15 - Rhode Island
Veteran banker Jeffrey Diehl will direct the nascent Rhode Island Infrastructure Bank, its board of directors announced.
April 4
