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.”
- 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 -
Moody's upgraded MIT spinoff Broad Institute to Aa3 with a stable outlook from A1 and positive, citing sustained growth and healthy operating cash flow.
November 3 -
The former CEO of Queens Library in New York City sued the library in federal court, saying it fired him for cause to deny him more than $2 million in severance.
November 3 -
New YorkNew York City ended fiscal 2015 with a $5 million surplus, city Comptroller Scott Stringer said in the city's annual comprehensive annual financial report.
November 3 -
How to fund repairs for crumbling infrastructure vexes the biggest of transit agencies and the smallest of states.
October 30 -
Puerto Rico could benefit from a control board similar to what Congress implemented for Washington, D.C., said former House Speaker Newt Gingrich.
October 30
