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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To no surprise in the bond markets, teetering Harrisburg, Pa., will miss $5.2 million worth of payments on general obligation bonds and notes due March 15.
March 11 -
The finance committee of New York's MTA approved up to $1.7 billion of transportation revenue bonds and Triborough Bridge bonds for capital projects.
March 11 -
The state-appointed budget commission that oversees finances in East Providence, R.I., will conclude its work this month because the city's financial condition is better.
March 11 - Pennsylvania
Pennsylvania Education Secretary Ron Tomalis expects to act by Tuesday on a request to delay a financial recovery proposal for Harrisburg's school district.
March 8 -
Massachusetts Gov. Deval Patrick's far-reaching transportation funding overhaul proposal would restructure the state tax system in an effort to add new transit service and bring older systems up to date.
March 8 -
Moody's put the Ba2 rating of Good Samaritan Hospital under review, a week after Standard & Poor's downgraded the Lebanon, Pa., system three notches to B-plus.
March 8 -
Democrat and former city community development director Joseph Caramone joined the open-seat race for mayor in distressed Scranton, Pa.
March 8 - Rhode Island
Rhode Island General Treasurer Gina Raimondo shared best practices with local government finance professionals and raised awareness about pooling financial resources.
March 8 -
Connecticut's Bond Commission will vote on more than $37 million in capital improvement projects for community colleges at its special meeting.
March 8 -
The cost of the East Side Access project to bring Long Island Rail Road service to Grand Central Terminal in New York City could cost nearly $9 billion when completed in 2019, New York State Comptroller Thomas DiNapoli said in a report Wednesday.
March 6 - Pennsylvania
Although controversy surrounds Pittsburgh Mayor Luke Ravenstahl, bond and financial analysts praise him for helping guide the city to financial recovery.
March 6 -
The SEC's whistleblower office is seeking additional details about a complaint that Scranton, Pa., misled in a bond document regarding the nature of a tax hike.
March 6 -
The University of Massachusetts Building Authority plans a $270 million bond sale to benefit capital projects at the system's five campuses statewide.
March 5 - New York
New York City's Municipal Water Finance Authority plans to sell $517 million of tax-exempt refunding bonds Tuesday, in its second issuance in two weeks.
March 5 - Rhode Island
Curt Schilling's bloody sock from a 2004 baseball playoff game sold at auction for $92,613 at auction, but Rhode Island will see no money.
March 1 - Pennsylvania
The Commonwealth Financing Authority has begun accepting applications for five programs established by the Act 13 Marcellus Legacy Fund, Gov. Tom Corbett's administration announced.
March 1 - New York
The Citizens Budget Commission in New York City honored Mayor Michael Bloomberg's economic team at its annual dinner.
March 1 - Connecticut
Connecticut officials announced a multiyear deal for the Connecticut Whale minor league hockey team to keep playing in Hartford, as part of a deal that could include bonds to modernize the XL Center arena.
March 1 -
U.S. District Court Judge John Jones III refused to reconsider the January dismissal of a lawsuit that challenged the state recovery plan for Harrisburg, Pa.
February 28 - New York
Commitments to minority and women-owned business enterprises have increased to nearly $8 billion over three years, said New York City Comptroller John Liu.
February 28
