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.”
- New York
New York City Comptroller John Liu said his office would audit contracts with Navigant after a state commission questioned the firm's dealings with LIPA.
By Paul BurtonJune 25 -
Three new advanced manufacturing centers at community colleges across Connecticut will receive $7.3 million for facility and equipment upgrades that the state's Bond Commission approved.
By Paul BurtonJune 24 - Pennsylvania
Another candidate has entered the race for mayor in financially teetering Harrisburg, Pa. Air Force veteran Nate Curtis, 25, will run as an independent against Democratic nominee Eric Papenfuse, fellow independent Nevin Mindlin, and possibly city Controller Dan Miller on the Republican side.
By Paul BurtonJune 24 - New York
New York City's revised $70 billion budget will include $250 million for storm resiliency and $58 million to the Housing Authority to offset federal sequester cuts.
By Paul BurtonJune 24 -
The New York State Senate confirmed Gov. Andrew Cuomo's appointment of Thomas Prendergast to serve as chairman and chief executive of the Metropolitan Transportation Authority
By Paul BurtonJune 21 - New York
Mayor Michael Bloomberg's $20 billion storm-resistance plan for New York City consumes 430 pages. The list of questions about it runs pretty long, too.
By Paul BurtonJune 21 - New York
The New York City Municipal Water Finance Authority's $344 million sale of second resolution this week included $145 million of retail orders.
By Paul BurtonJune 20 -
Rhode Island's top House Republican Brian Newberry argued in a letter to colleagues that the state should not pay back the 38 Studios bonds, despite Moody's threat of a GO downgrade.
By Paul BurtonJune 20 - Pennsylvania
Pennsylvania's Senate Finance Committee in a 6-5 vote on Wednesday moved a pension-change bill considerably weaker than what Gov. Tom Corbett proposed.
By Paul BurtonJune 20 -
Two state lawmakers from Staten Island want the Metropolitan Transportation Authority to reconsider its decision to use 15,000 tons of steel fabricated in China for repairs to the Verrazano-Narrows Bridge.
By Paul BurtonJune 19 -
Continuing financial obligations will make Pennsylvania Turnpike debt unsustainable and tolls crushing for motorists and businesses, according to the state's auditor general.
By Paul BurtonJune 19 -
One day after Moody's threatened to downgrade Rhode Island, a House finance panel approved an $8.2 billion budget that includes $2.5 million for 38 Studios bonds.
By Paul BurtonJune 19 - Connecticut
A New Haven official acknowledged the need to plug a budget deficit after Moody's issued the Connecticut city its second downgrade in two months.
By Paul BurtonJune 18 -
A threat of a GO downgrade from Moody's shadowed Rhode Island's debate over the payment of moral obligation debt related to the failed 38 Studios.
By Paul BurtonJune 18 -
Moody's late Monday lowered 38 Studios bonds to Baa1 from A2 and placed Rhode Island's Aa2 general obligation rating under review for downgrade.
By Paul BurtonJune 17 - New York
Moody's Investors Service calls the expected infusion of federal funds for New York City Mayor Michael Bloomberg's $20 billion storm-resistance plan a credit positive.
By Paul BurtonJune 17 - Rhode Island
Moody's Investors Service, which downgraded Woonsocket's general obligation unlimited tax rating to B3 from B2, said it could downgrade the city even further.
By Paul BurtonJune 14 -
The University of Pittsburgh Medical Center accused Pittsburgh Mayor Luke Ravenstahl of suing it over its nonprofit status to cover a scandal in his administration, according to a court filing.
By Paul BurtonJune 14 -
Suffolk County Executive Steve Bellone has written Governor Andrew Cuomo requesting the re-appointment of Mitchell Pally as the Suffolk County representative to the board of New York's MTA.
By Paul BurtonJune 14 -
The Massachusetts Bay Transportation Authority — the transit system that serves Greater Boston — is staring at a $118 million gap for fiscal 2014, which begins July 1.
By Paul BurtonJune 14
