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 Yorks transit workers union chief and the CEO of a paratransit vendor plan to meet again in the hopes of averting a strike over working conditions.
November 19 -
Higher interest rates could challenge New Yorks Metropolitan Transportation Authority over the next few years, said its chief financial officer.
November 18 - Rhode Island
Rhode Island selected Public Resources Advisory Group as its financial advisor, General Treasurer Seth Magaziner announced.
November 18 -
Unrated Scranton, Pa., is taking steps to regain the good graces of the capital markets, said its mayor and business administrator.
November 17 -
New York MTA plans $700 million of new-money transportation revenue bond anticipation notes and a $43.8 million remarketing next month, said finance manager Patrick McCoy.
November 16 - Connecticut
The Connecticut Teachers' Retirement Board lowering its long-term investment return assumption to 8% from 8.5% is a credit positive for the state, said Moody's.
November 16 -
Federal, state and New York City officials met with MTA Chairman Thomas Prendergast to discuss how to fast-track Second Avenue subway line extension to Harlem.
November 13 -
Pennsylvania's prolonged budget impasse is a credit negative for school districts and community colleges that rely on state-aid distributions, said Moody's.
November 13 -
New YorkNew York Citys November financial plan update for fiscal 2016 reveals a $304 million surplus, said Mayor Bill de Blasio.
November 12 - Massachusetts
The Massachusetts School Building Authority intends to sell $1 billion of senior sales tax refunding bonds over the next two weeks.
November 12 - Pennsylvania
Pennsylvania Gov. Tom Wolf and lawmakers say a budget outline is in place, though many variables linger in the commonwealth's five-month budget impasse.
November 11 -
ConnecticutConnecticut will come to market with a $650 million GO bond sale that includes a green-bond series of $65 million.
November 11 - Connecticut
Connecticut should reduce the investment return assumptions of its two major state employee retirement plans, state budget Director Benjamin Barnes said following an academic report.
November 10 - New York
The New York City Municipal Water Finance Authority intends to sell about $340 million of refunding and new money bonds on Nov. 17.
November 10 - Connecticut
The Connecticut Teachers' Retirement Board approved an actuary's recommendation to reduce the investment return assumption from 8.5% to 8%.
November 5 -
A capital project to provide East Side access in New York to Long Island Rail Road trains is nearly 60% complete, said MTA official Michael Horodniceanu.
November 5 -
Citing a state budget impasse in its fifth month, Moody's downgraded Pennsylvania's pre-default intercept programs for school districts to A3 from A2.
November 5 -
While the MTA's $29 billion capital plan is under review by a panel in Albany, the sniping remains in New York.
November 4 -
State Rep. Karen MacBeth wants the Rhode Island State Police and Attorney General to investigate Michael Corso's activities related to the 38 Studios bond fiasco.
November 4 -
Fitch Ratings downgraded three series of bonds issued by the Berks County Municipal Authority, Pa. on behalf of Reading Hospital and Medical Center Project to A-plus.
November 3
