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.”
- Connecticut
Standard & Poor's raised its rating on Bridgeport, Conn.'s GO bonds to A from A-minus, citing adequate budgeting and strong liquidity.
October 11 -
The transactions related to Harrisburg, Pa.'s financial recovery plan must close by the end of November, Mayor Linda Thompson said Friday.
October 11 - Rhode Island
Rhode Island's Ethics Commission has ruled that Richard Licht, the director of the state's department of administration, is free to pursue a judgeship.
October 10 -
Distressed Harrisburg, Pa., is launching a planning initiative as part of its financial recovery plan, Mayor Linda Thompson announced.
October 10 - New York
Republican John Burnett exchanged barbs with Democrat Scott Stringer in a televised debate in the open race for New York City comptroller.
October 9 - New York
Lawrence Schloss, deputy comptroller for pensions and chief investment officer of the New York City pension funds, will step down on Oct. 18, city Comptroller John Liu announced.
October 9 -
Curt Schilling, the former baseball pitcher whose failed 38 Studios video-game company triggered a Rhode Island debate over moral obligation debt, plans to sell off personal items from his home.
October 8 -
Central Falls, R.I., a former bankrupt city whose bond rating is still junk, is raising money online for a park project with help from a crowd-funding platform.
October 8 - Massachusetts
Massachusetts repealed a 6.25% sales tax on technology services that was part of a $500 million revenue package. But the controversy still lingers.
October 7 - Pennsylvania
Fitch Ratings placed Chester Community Charter School's BB-rated $56.1 million revenue bonds on rating watch negative.
October 4 -
The Commonwealth Court of Pennsylvania cited nominating-paper defects in rejecting the Harrisburg, Pa., mayoral candidacy of independent Nevin Mindlin.
October 4 - New York
Republican John Burnett proudly tells his projects-to-Wall Street story as he runs for New York City comptroller, an office that oversees city bond deals and pension funds.
October 4 -
Pennsylvanias Office of Policy & Public Private Partnerships will accept unsolicited proposals for transportation projects from the private sector through Oct. 31.
October 3 - New York
The next phase of the Hudson Yards project in New York could come with increasing costs to the city, according to the Independent Budget Office watchdog agency.
October 3 - Connecticut
Connecticut, which held a $575 million general obligation bond sale for GAAP conversion on Thursday, plans to follow up with a $325 million sale of GO refunding notes on Oct. 23, state Treasurer Denise Nappier said.
October 3 - Rhode Island
Standard & Poor's raised its unenhanced rating on the general obligation debt of East Providence, R.I., five notches from BB-plus to A, citing significant financial improvements.
October 2 - Pennsylvania
Pennsylvania Gov. Tom Corbett named former budget office spokesman Jay Pagni as press secretary.
October 2 -
Moody's revised its outlook to developing from negative on Harrisburg parking bonds, pending resolution of the proposed recovery plan in Pennsylvania's capital.
October 2 -
Moody's Investors Service revised its outlook on its A2 rating for Mount Sinai Hospital to negative from stable, reflecting "meaningful financial and integration risks" regarding its merger with Continuum Health Partners.
October 2 -
New York's MTA approved a credit for weekly and monthly customers of Metro-North Railroad's New Haven line, whose service has been disrupted since a ConEd feeder cable failed.
October 1
