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 Commonwealth Court of Pennsylvania cited nominating-paper defects in rejecting the Harrisburg, Pa., mayoral candidacy of independent Nevin Mindlin.
By Paul BurtonOctober 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.
By Paul BurtonOctober 4 -
Pennsylvanias Office of Policy & Public Private Partnerships will accept unsolicited proposals for transportation projects from the private sector through Oct. 31.
By Paul BurtonOctober 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.
By Paul BurtonOctober 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.
By Paul BurtonOctober 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.
By Paul BurtonOctober 2 - Pennsylvania
Pennsylvania Gov. Tom Corbett named former budget office spokesman Jay Pagni as press secretary.
By Paul BurtonOctober 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.
By Paul BurtonOctober 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.
By Paul BurtonOctober 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.
By Paul BurtonOctober 1 - Connecticut
As Connecticut prepares to issue $575 million in general obligation bonds this week, debate simmers over how much bonding is appropriate for the state.
By Paul BurtonSeptember 30 - Pennsylvania
Rep. Glen Grell urges an overhaul of Pennsylvania's two statewide pension systems whose combined liability exceeds $45 billion that includes $9 billion of pension obligation bonds.
By Paul BurtonSeptember 30 -
Synthetic fixed-rate debt exposure is less than 10% of overall debt at New Yorks Metropolitan Transportation Authority, finance manager Patrick McCoy said.
By Paul BurtonSeptember 30 -
The disclosure that Harrisburg, Pa., must repay bond insurer Ambac about $30 million of additional interest "more than confirms the need" for recovery-plan scrutiny, city Controller Dan Miller said.
By Paul BurtonSeptember 27 -
New York's MTA should use some of its unexpected $1.9 billion in revenue to mitigate fare and toll increases, said state Comptroller Thomas DiNapoli.
By Paul BurtonSeptember 27 -
But capital funding, and fare and toll hikes remain areas of concern
By Paul BurtonSeptember 27 -
The Massachusetts Senate was debating the repeal of a new sales tax on software and computer services, although a $160 million budget gap loomed with passage.
By Paul BurtonSeptember 26 - New York
New York State's inaugural 10-year capital plan needs more info about asset conditions and financing plans, said the Citizens Budget Commission watchdog agency.
By Paul BurtonSeptember 26 - Massachusetts
The Massachusetts House approved the repeal of a technology tax, which now goes to the Senate. Lawmakers face a $161 million gap should the measure pass.
By Paul BurtonSeptember 26 - New York
New York City sold about $1.022 billion of general obligation bonds on Wednesday and $356 million of retail orders over the two prior days, said a spokesman for city Comptroller John Liu.
By Paul BurtonSeptember 25