Paul Burton

MTA officials revealed dark budget-and-service cut scenarios and Mayor Bill de Blasio closed in-person public schools, actions likely to ripple through the city's economy.

Neal Zuckerman, a New York MTA board member, tells The Bond Buyer's Paul Burton how takeaways from that era relate to today's transit funding crisis. "History doesn't repeat itself, but it rhymes." (24 minutes). Recorded Oct. 30.

Such moves could reduce costs by up to $180 million in present-value savings, Joe Torsella said.

The state has been coping with the economic fallout of COVID-19 and a burgeoning second wave that is expected to challenge the commonwealth’s finances and burden its healthcare system.

The comptroller said the Taxi Workers Alliance proposal puts a floor under loan losses by guaranteeing city purchase of any defaulted medallions.

A school official called the coronavirus-related hit "a temporary blip," and said the rating agency moved too quickly.

Municipal water and sewer utilities are considered among the best positioned public finance sectors to confront COVID-19 related credit risks.

The contest that took nearly a week to finalize was among several races that epitomized the state's sharp political divide.

Rachael Fauss of watchdog Reinvent Albany discusses the importance of transparency amid the pandemic. She also explores state-agency debt and the Fed's Municipal Liquidity Facility. Paul Burton and Andrew Coen host. Recorded Nov. 2 (19 minutes)

MBTA officials insist the moves, which include a capital-to-operating budget shift, are necessary to help seal a coronavirus-related $579 million operating gap.

East Providence, despite the pandemic, has several economic development projects in the pipeline, including brownfield conversions of oil tanks to mixed-use.

The move would not resolve structural budget gaps, according to the rating agency.

Virus effects have battered New York City’s economy and by extension, the city’s budget and credit standing.

The transit agency — its revenues battered, its credit standing weakened and with no federal rescue aid in sight — looks to borrow its remaining $2.9 billion available through the Municipal Liquidity Facility.

How effectively bus and train operators can serve commuters coming out of the coronavirus pandemic remains a big question.

Squire Patton Boggs partners Rodney Slater and Alethia Nancoo view the landscape from the ground and the skies with Northeast Regional Editor Paul Burton. Slater is a former U.S. transportation secretary. Nancoo’s practice focuses on public, private and project debt finance. (31 minutes)

State housing and economic development Secretary Mike Kennealy will lead the search for a successor at the commonwealth's finance and development agency.

The two-notch lowering to A-minus precedes the transit agency's planned $258 million negotiated sale of transportation revenue refunding green bonds.

Officials from New York's MTA and the Long Island village are working on a project to build in what is now a commuter train station parking lot.

New York's mayor is shifting $466 million to the current fiscal year’s capital budget to tackle affordable housing needs to offset some of his coronavirus-related cuts.