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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So-called headline and political risk, notably in Pennsylvania, could further complicate an already difficult muni landscape, according to PNC Capital Markets.
March 15 -
A settlement over back pay for the citys police and fire unions is a major step to financial recovery in Scranton, Pa., says Mayor Bill Courtright.
March 14 -
The savings are that New York City Mayor Bill de Blasio trumpets from significant changes to the citys employee health plans are a matter of debate.
March 11 -
Revised outlooks to negative from two of the four bond rating agencies represent bittersweet news for Connecticut, said state Treasurer Denise Nappier.
March 10 -
ConnecticutConnecticuts bond outlook was revised to negative from stable by Moodys Investors Service, citing budget strains from weakening demographics.
March 9 -
A $1 trillion shortfall in public pension plans is rooted in poor governance, think tank Manhattan Institute for Policy Research reported.
March 9 -
New York MTA intends to add more than 2,000 state-of-the-art buses to its transportation fleet over five years at a $1.3 billion cost, said Gov. Andrew Cuomo.
March 8 -
Organizers of a muni conference that features academics, market practitioners, public officials and regulations are rebranding the event and moving it from Boston to Washington.
March 8 -
Pennsylvanias budget impasse may force the Red Lion Area School District into bankruptcy, its superintendent said.
March 8 -
Rhode Island Commerce Corp., whose predecessor agency the SEC charged with defrauding investors in the 38 Studios bond fiasco, says the filing parallels its own clawback attempts.
March 8 -
The Schaghticoke Tribal Nation filed a lawsuit against Connecticut, asserting a casino law is unconstitutional.
March 7 - New York
The New York City Transitional Finance Authority intends to sell $750 million building aid revenue bonds on March 14 after a two-day retail period.
March 7 -
MassachusettsBoston intends to come to market this week with a roughly $140 million sale of Series 2016A new-money GO bonds and an $8.1 million refunding.
March 7 -
PennsylvaniaPennsylvania slipped closer to a rating downgrade Thursday when Standard & Poors placed its AA-minus general obligation rating on credit watch with negative implications.
March 3 -
New York MTA expects to formally submit its proposed $29 billion five-year capital program to a state review board in the next month or two, an official said.
March 2 -
New YorkNew York City budget director Dean Fuleihan wants agency heads to identify "significant new savings" in time for the updated spring spending plan.
March 1 - Massachusetts
Massachusetts intends to come to market with a $1.1 billion general obligation offering, the second-largest this week.
March 1 - Rhode Island
Establishing a debt management bureau within his office will make Rhode Island more self-sufficient in that practice, said state Treasurer Seth Magaziner.
February 29 -
The MBTA, which operates the Greater Boston mass-transit system, expects to cut its projected fiscal 2017 operating deficit by 43%, to $138 million.
February 29 -
New York Mayor Bill de Blasio's proposed streetcar line through Queens and Brooklyn waterfront neighborhoods has drawn some skepticism about its funding plan.
February 26
