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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ConnecticutConnecticut will begin a two-day retail period on Monday for its $500 million general obligation bond sale. The institutional sale is Wednesday.
August 8 - Pennsylvania
Allentown, Pa., on Thursday closed its $211 million deal to lease its water and sewer system to the Lehigh County Authority and cover its unfunded pension liability.
August 7 - Pennsylvania
The Pennsylvania Liquor Control Board, in a crossfire amid Gov. Tom Corbett's efforts to privatize the system, announced record revenue and net income for fiscal 2013.
August 6 -
Vermont expects to reduce its unfunded health care liability by $150 million through a waiver plan crafted by its teachers retirement system and Treasurer Beth Pearce.
August 6 - Pennsylvania
Harrisburg, Pa., controller Dan Miller, who lost in the Democratic mayoral primary, will not run as a Republican for that office.
August 6 - Massachusetts
The Massachusetts Gaming Commission disqualified the owners of Plainridge Racecourse from applying for the state's single slots-parlor license.
August 6 -
The fight to keep tax-exemption poses the greatest challenge to state and local bond issuers in three decades, Citigroup's George Friedlander said at The Bond Buyer conference in Boston.
August 2 -
Harrisburg, Pa., receiver William Lynch denies that Detroit's bankruptcy filing had anything to do with creditors in Pennsylvania's capital moving toward a consensus.
August 2 -
A Bond Buyer conference panelist questions how completely closed-end fund trades are reported to the Municipal Securities Rulemaking Board.
August 2 -
Pension and OPEB funding levels vary sharply by state, Federal Reserve Board senior economist Byron Lutz told a Bond Buyer conference Thursday.
August 1 - New York
The New York City Employees' Retirement System has reinvested $15 million in State of Israel Bonds, city Comptroller John Liu announced.
August 1 - New York
New York City sold $377 million of tax-exempt refunding general obligation bonds through negotiation on Tuesday.
July 31 -
New York's MTA has secured $200 million of insurance protection that will help pay for future repairs for storm damage to its infrastructure, the agency announced.
July 31 -
New York City subway and bus fares would rise by 50% by 2023 if the MTA continues with biennial 8.4% fare increases, said the Independent Budget Office.
July 30 - Massachusetts
Massachusetts will come to market Wednesday with its first borrowing of fiscal 2014, a $600 million competitive sale of general obligation Series E bonds.
July 30 - Connecticut
Connecticut's pension funds generated a preliminary investment return net of expenses of 11.5% for fiscal 2013, Treasurer Denise Nappier said.
July 29 - Pennsylvania
Former Pennsylvania governor and 1964 Republican presidential candidate William Scranton died Sunday in Santa Barbara, Calif. He was 96.
July 29 - Massachusetts
MassDevelopment received a $2.4 million federal grant to help charter schools obtain facilities under a credit enhancement program.
July 29 - New York
New York City's sale of general obligation bonds this week included $327 million of retail orders during a two-day period that preceded the institutional sale.
July 26 -
Connecticut's Bond Commission on Friday approved more than $537 million in state funds to finance transportation construction and maintenance projects.
July 26
