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.”
-
The Harrisburg City Council OK'd a $270 million parking-asset lease that is one of two lynchpins to the financial recovery plan in Pennsylvania's capital city.
November 13 -
Scranton., Pa., risks default as it faces a $20 million budget gap and a further $28 million to settle a pension award with a Friday deadline to introduce its budget, according to Moody's.
November 11 -
The Port Authority of New York and New Jersey reached a financial closing on a $1.5 billion P3 to replace the Goethals Bridge with a cable stayed design bridge.
November 8 - Connecticut
By most measures the wealthiest of states, Connecticut has faced big economic challenges post-recession, Janney Capital Markets said in a report on the state's debt.
November 8 - New York
The New York City Municipal Water Finance Authority intends to sell $375 million of new money bonds on Wednesday, after a one-day retail order period.
November 8 -
Moody's revised its outlook on Penn State to positive from stable, citing the $60 million settlement with sex-abuse victims of ex-assistant football coach Gerry Sandusky.
November 7 - Connecticut
Connecticut will get $5.2 million for dam-removal projects as part of the U.S. Department of the Interiors $162 million allocation for shoreline protection.
November 6 - Pennsylvania
Bookstore owner Eric Papenfuse defeated city controller Dan Miller in the open-seat mayoral election in distressed Harrisburg, Pa.
November 6 - New York
As Bill de Blasio prepares to become New York City's next mayor, the first Democrat in two decades, bond markets are taking a wait-and-see approach toward a city rife with fiscal uncertainty.
November 6 - Rhode Island
The Rhode Island Economic Development Corp., under fire for its role in the 38 Studios fiasco, chose Salesforce to manage its client relationship management system.
November 5 -
ConnecticutConnecticut's issuance of variable-rate remarketed obligations, or VROs, could set a national precedent, according to state Treasurer Denise Nappier.
October 31 - New York
The New York City Council approved plans for a 630-foot observation wheel and outlet mall adjacent to the Staten Island ferry terminal.
October 31 -
The Dauphin County, Pa. commissioners voted to approve $170 million in revenue bonds related to the parking lease deal in Harrisburg, Pa.'s debt-recovery plan.
October 30 -
MassachusettsThe Massachusetts School Building Authority passed $10 billion in infrastructure financing since its 2004 inception, state Treasurer Steven Grossman announced.
October 30 -
Massachusetts will come to market next week with a $651 million sale of accelerated bridge program bonds in two credits.
October 30 -
Trimont Real Estate Advisors will replace AEW Capital Management as asset manager for the proposed $260 million Harrisburg, Pa., parking deal.
October 29 -
The retail order period began Tuesday for Connecticut's $600 million sale of Series 2013A special obligation tax bonds, with proceeds to fund transportation infrastructure projects.
October 29 - New York
Collaboration after Hurricane Sandy should serve as a model for government at all levels, Gov. Andrew Cuomo said on the one-year anniversary of the killer storm.
October 29 -
The network of muni credit professionals in Philadelphia has spawned a local analyst group that will launch next month with a Logan Square reception.
October 29 - Connecticut
Connecticut will receive an additional $65 million from HUD to bolster its Hurricane Sandy recovery efforts, according to Gov. Dannel Malloy.
October 28
