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.”
- Massachusetts
The limited federal reimbursement to Massachusetts to cover winter storm-related deficits is a credit negative for its local governments, according to Moodys.
By Paul BurtonApril 20 - New York
The market for green bonds is expanding exponentially and New York City should tap it for multiple benefits, said city Comptroller Scott Stringer.
By Paul BurtonApril 20 -
New York State and New York City comptrollers Thomas DiNapoli and Scott Stringer, respectively, called on the SEC to compel fossil fuel industry companies to better disclosure climate change material risks
By Paul BurtonApril 17 - Massachusetts
Massachusetts intends to sell $550 million of general obligation bonds through a competitive offering, the commonwealth's first under state Treasurer Deborah Goldberg.
By Paul BurtonApril 17 - California
Rising retirement benefit costs are threatening municipal services in California and the problem will worsen short-term, according to a Manhattan Institute report.
By Paul BurtonApril 16 - Connecticut
Connecticut intends to issue its first all-green bond sale next week, $250 million to finance wastewater and drinking water infrastructure projects statewide.
By Paul BurtonApril 15 - Pennsylvania
Pennsylvania's Public School Employees' Retirement System named state Rep. Glen Grell executive director effective May 1.
By Paul BurtonApril 15 -
The Providence, R.I., City Council will consider a proposal to borrow $57.7 million for upfront costs of a 1.6-mile streetcar line.
By Paul BurtonApril 15 - Pennsylvania
Standard & Poor's affirmed its A-plus rating on the Pennsylvania Housing Finance Agency's Series 2005A capital fund security revenue bonds and removed its rating from credit watch with negative implications.
By Paul BurtonApril 14 - New York
Raising the minimum wage to $15 per hour in New York City by 2019 would boost wages by $10 billion a year and benefit its nearly 1.5 million workers, Comptroller Scott Stringer said.
By Paul BurtonApril 14 - California
Former San Jose Mayor Chuck Reed is digging in for more pushback from the largest public pension fund in the U.S. in his latest push to give California municipalities more leeway to control pension costs.
By Paul BurtonApril 14 - Rhode Island
A pension-benefit compromise could help Gov. Gina Raimondo fulfill her goal of changing perceptions of Rhode Island.
By Paul BurtonApril 10 - Pennsylvania
Pennsylvania Gov. Tom Wolf will nominate Timothy Reese to succeed the disgraced Rob McCord as state treasurer, the governor's office said Tuesday.
By Paul BurtonApril 7 -
The New York City Transitional Finance Authority intends to sell about $1.03 billion of future tax secured subordinate bonds this month.
By Paul BurtonApril 7 - Massachusetts
Former Massachusetts undersecretary of consumer affairs and business regulation Barbara Anthony joined Pioneer Institute as a consultant and senior fellow in health care.
By Paul BurtonApril 6 -
Rhode Island's Supreme Court has disbarred former House of Representatives Speaker Gordon Fox, who pleaded guilty last month to federal corruption charges.
By Paul BurtonApril 6 -
Nine large public pension funds, including those from New York and Connecticut, have asked the SEC to strengthen the disclosure of corporate board diversity.
By Paul BurtonApril 6 -
A judge approved a tentative settlement to most legal challenges to Rhode Islands 2011 law that overhauled pension benefits for state employees, said Gov. Gina Raimondo.
By Paul BurtonApril 2 -
New York City expects to save $3.4 billion on health care by 2018 through municipal labor agreements, said director of labor relations Robert Linn.
By Paul BurtonApril 2 - Connecticut
Connecticut's estimated general fund deficit for fiscal 2015 has spiked to $172.8 million and leaders should act on it now, said state Comptroller Kevin Lembo.
By Paul BurtonApril 2




