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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The financial plight of Harrisburg, Pa., goes far beyond incinerator debt financing, according to a Widener Law professor who is running a conference on distressed cities.
April 9 - New York
New York City Transitional Finance Authority received about $200 million of retail orders before its $760 million sale of future tax secured fixed-rate subordinate bonds.
April 9 - New York
New York City Mayor Bill de Blasio named Jacques Jiha finance commissioner.
April 8 -
Individual orders for the University of Connecticut UConn 2000 bond sale exceeded $168 million, which officials said was the highest level in the program's 18 years.
April 8 - Pennsylvania
A Republican state lawmaker and Democratic mayors are behind an effort to overhaul Pennsylvania's municipal pension system.
April 8 - Massachusetts
A multi-year pattern of balanced budgets helped Bridgewater, Mass., regain its credibility in the capital markets.
April 7 - Pennsylvania
Harrisburg, Pa., Mayor Eric Papenfuse confirmed his testimony before a state grand jury in Pittsburgh, presumably about the capital city's past financial deals.
April 7 -
New YorkA $300 million state allocation to New York City to finance pre-kindergarten expansion is a credit positive for the city, according to Moody's.
April 4 - Pennsylvania
A Marcellus Shale impact fee will have generated about $630 million by year's end, said Pennsylvania Gov. Tom Corbett, but Democrats want a severance tax.
April 4 -
While there is wide agreement Northeast infrastructure is rotting, there is nowhere near the same consensus about what to do and how to pay for it.
April 4 -
PennsylvaniaHarrisburg Mayor Eric Papenfuse called for the ouster of Gene Veno as chief recovery officer for the school district in Pennsylvanias capital.
April 3 - New York
New York City Comptroller Scott Stringer moved to standardize oversight of information technology contracts.
April 3 - Rhode Island
A Rhode Island think tank, targeting items from community service legislative grants to the state arts council, called for $225 million of cuts from the state budget.
April 3 -
More spending will be necessary to improve the condition of New York City's bridges, according to the Independent Budget Office watchdog group.
April 2 -
The University of Connecticut intends to price $220 million of GO bonds, including $120 million for capital improvements under the UConn 2000 program.
April 1 - New York
The New York City Transitional Finance Authority plans a $650 million sale of tax-exempt fixed-rate new money bonds on April 8, after a two-day retail order period.
March 31 - Connecticut
The New York City Transitional Finance Authority plans a $650 million sale of tax-exempt fixed-rate new money bonds on April 8, after a two-day retail order period.
March 31 -
Central Falls, R.I., reporting a $1.6 million surplus less than two years after exiting bankruptcy is a credit positive, according to Moody's.
March 27 -
Harrisburg, Pa., receiver William Lynch will be the featured speaker at Widener University School of Law's April 14 program on municipal distress.
March 27 -
New York Gov. Andrew Cuomo unveiled a transportation resiliency program to help prepare the region for future emergencies and reduce storm impact on vital transportation infrastructure.
March 27
