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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A reduced capital plan for 2015 to 2019 could affect expansion projects such as the Second Avenue subway line, New York MTA chairman Thomas Prendergast told lawmakers in Albany.
March 2 - New York
A rise in claims from playground injuries has cost New York City taxpayers more than $20 million, said city Comptroller Scott Stringer.
March 2 -
A Rhode Island Superior Court judge rejected a motion by the state to delay the start of a suit challenging the landmark 2011 pension law as unconstitutional.
February 27 -
The snow and deep freeze that pummeled Massachusetts incapacitated the Massachusetts Bay Transportation Authority, pushing the embarrassed transit agency into a harsh national glare.
February 27 -
The board of New York's MTA has qualified military-oriented investment firms Academy Securities and Drexel Hamilton LLC for co-manager assignments on bond transactions.
February 26 - New York
The latest report by the New York City Panel on Climate Change could resonate well beyond the five boroughs, says storm financing expert Alan Rubin.
February 26 -
Chairman Thomas Prendergast said New York's MTA would explore advanced technology to minimize accident risk at track grade crossings.
February 25 -
New YorkNew York City could bring in $1 billion more tax revenue in fiscal 2015 and 2016 and nearly $3.5 billion more in the out years of the four-year financial plan, according to an analysis by city Comptroller Scott Stringer.
February 24 - Rhode Island
An investor group led by Boston Red Sox president Larry Lucchino and attorney James Skeffington has purchased the Pawtucket, R.I., minor league baseball franchise and envisions a stadium on former I-195 land in Providence.
February 24 -
New York's Metropolitan Transportation Authority expects to issue $300 million of transportation bonds next month, said finance director Patrick McCoy.
February 24 -
The NTSB will conduct a metallurgical examination of the electric third rail in its investigation of the Feb. 3 Metro-North Railroad accident in Valhalla, N.Y., that killed six people.
February 23 - New York
New York City Comptroller Scott Stringer announced three hires at the Bureau of Asset Management, which coordinates investment the city's $163 billion pension funds.
February 23 -
Connecticut Treasurer Denise Nappier warned that reliance of $325 million of debt service to cover operating costs could generate a capital markets backlash.
February 23 -
New York's MTA will hold committee and board meetings Feb. 23 and 25, respectively, at a new location, 2 Broadway in lower Manhattan.
February 20 -
Gov. Charlie Baker is forming a panel to investigate the Massachusetts Bay Transportation Authority in the aftermath of its storm-related struggles.
February 20 -
A tax increase to help fix Greater Boston's crippled mass transit system is not in the works, said Massachusetts Gov. Charlie Baker.
February 20 -
"Gridlock Sam" Schwartz says now is the time for congestion pricing and tolling overhaul for the New York City region.
February 20 - New York
New York City reached contract agreements with communications, civil service bar and theatrical stage unions, said Mayor Bill de Blasio.
February 19 -
Ballard Spahr served as bond counsel in the issuance of $34.6 million in tax-exempt bonds that will enable a Wilmington, Del., charter school to expand into a K-12 format
February 19 -
Standard & Poor's raised its rating on Allentown, Pa.'s GO debt three notches to A-plus from BBB-plus, citing flexibility from its water and sewer deal.
February 18
