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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Harrisburg has petitioned a Pennsylvania court to incorporate a nonprofit that will focus on long-term economic development and infrastructure improvements.
October 28 -
Floating-rate notes enable New York's MTA to take advantage of the short part of the yield curve, finance director Patrick McCoy said.
October 27 - New York
New York City's Transitional Finance Authority plans to sell $850 million of future tax-secured subordinate bonds.
October 27 -
As New York MTA scurries to fund its capital plan, transit advocates debate whether governance is a funding and planning impediment.
October 24 -
West Hazleton Borough exited Pennsylvania's Act 47 program for distressed municipalities, according to Gov. Tom Corbett
October 23 - Pennsylvania
Capital Region Water received a $125,000 grant to develop a green stormwater infrastructure plan for Harrisburg, Pa., from a Pennsylvania conservation agency.
October 23 - Pennsylvania
Gov. Tom Corbett announced a $66 million investment in 19 water and wastewater projects across 16 Pennsylvania counties through Pennvest.
October 22 -
Connecticut will become the latest state to issue green bonds, state Treasurer Denise Nappier announced Wednesday.
October 22 -
Harrisburg, Pa., will start the clock again for yet another city treasurer after Timothy East resigned following revelations of his personal bankruptcy. He had been named to the position in September after predecessor John Campbell was charged with theft from two nonprofit groups.
October 22 -
Timothy East became the second Harrisburg, Pa., treasurer to resign in two months, a city official confirmed late Tuesday.
October 21 - Pennsylvania
Pittsburgh stands to realize $3.2 million, or 5%, of present-value savings from its expected $63.3 million refunding scheduled for Oct. 22, according to city finance director Paul Leger.
October 21 - Massachusetts
The Massachusetts Development Finance Agency issued a $4.1 million tax-exempt bond on behalf of Cerebral Palsy of Massachusetts.
October 21 -
Fully funding its next four-year capital program without burdening riders poses an immediate challenge for New York's MTA, according to state Comptroller Thomas DiNapoli.
October 21 -
William Ronan, the first chairman of New York's Metropolitan Transportation Authority, died at age 101.
October 20 -
An extra layer of state oversight loosely based on the Harrisburg receivership may evolve from Pennsylvania's new time limit for distressed municipalities to stay in its Act 47 program.
October 20 -
MassachusettsMassachusetts plans to resume its MassDirect notes sale, rolling offerings for retail investors totaling $510 million over nine months.
October 17 - Connecticut
Navigating through market turmoil, the Connecticut Housing Finance Authority was oversubscribed by 2.5 times and sold $157 million of bonds.
October 17 -
Rhode IslandRhode Island priced a $162 million general obligation bond refinancing. The final net present value savings was $16.17 million, according to the office of General Treasurer Gina Raimondo.
October 16 - Pennsylvania
The Penn Institute for Urban Research will host the discussion, on urban fiscal policy and public pensions on Nov. 11 in Philadelphia.
October 16 - Pennsylvania
Pittsburgh plans to come to market next week with a refunding of $70 million in general obligation bonds in two series.
October 16
