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.”
- Massachusetts
Boston plans to sell $176 million of tax-exempt, fixed-rate general obligation bonds, with the new-money component to benefit its capital improvement plan.
By Paul BurtonFebruary 27 -
Providence, R.I.'s lawsuit accusing an actuary of miscalculating savings on pension benefits reflects greater exposure of advisors to liability, experts say.
By Paul BurtonFebruary 27 - New York
Four of New York City's five pension funds have voted to invest $500 million in areas affected by Hurricane Sandy, according to city Comptroller John Liu, with the fifth expected to follow suit.
By Paul BurtonFebruary 27 -
Providence, R.I., sued longtime actuary Buck Consultants, accusing it of miscalculating $700,000 of savings the city expected to realize through pension overhaul.
By Paul BurtonFebruary 26 - New York
The Wildlife Conservation Society, which will reopen parts of the hurricane-damaged New York Aquarium in the spring, will sell bonds this week for Bronx Zoo renovations.
By Paul BurtonFebruary 26 - Pennsylvania
The head of Lancaster County, Pa.'s waste authority criticized Moody's for warning about negative credit implications regarding its pending deal for the Harrisburg incinerator.
By Paul BurtonFebruary 26 - Massachusetts
The Massachusetts Water Resources Authority will come to market with roughly $289 million of general revenue refunding bonds through negotiation.
By Paul BurtonFebruary 25 - Pennsylvania
Camelot Global Services of Britain has again extended its bid to privatize the Pennsylvania lottery while Gov. Tom Corbett considers appealing the contract's denial by state attorney general Kathleen Kane.
By Paul BurtonFebruary 25 -
The Harrisburg, Pa., school district's chief recovery officer presented a five-year outline and said $261 million of long-term bond debt 'keeps me up at night.'
By Paul BurtonFebruary 22 -
Standard & Poor's lowered by three notches its long-term rating on bonds issued for Good Samaritan Hospital of Lebanon, Pa., to B-plus from BB-plus.
By Paul BurtonFebruary 22 - Connecticut
Hartford's downtown arena is in store for a makeover through a capital investment from Global Spectrum that will enable the state to bond for improvements.
By Paul BurtonFebruary 22 - New York
New York City plans to sell more than $1 billion in general obligation bonds starting next week. The total will reach an estimated $1.42 billion by mid-March.
By Paul BurtonFebruary 22 - Pennsylvania
Standard & Poor's lowered its school issuer credit rating on the Aliquippa, Pa.'s School District's general obligation debt to BBB from BBB-plus, while keeping a negative outlook.
By Paul BurtonFebruary 22 - New York
The New York City Municipal Water Finance Authority sold $456 million of second resolution, fixed-rate, tax-exempt new money bonds through negotiation.
By Paul BurtonFebruary 22 - Rhode Island
Rhode Island's tax structure is hindering is recovery efforts, according to an economic development study that Gov. Lincoln Chafee commissioned.
By Paul BurtonFebruary 20 - Pennsylvania
Gov. Tom Corbett could decide within days what to do with his lottery privatization plans after Attorney General Kathleen Kane struck down a deal with Camelot.
By Paul BurtonFebruary 20 -
Advanced TV technology could put downward pressure on ticket prices and game attendance, Wells Fargo said while calling stadium revenue bonds fairly safe investments.
By Paul BurtonFebruary 15 -
Pennsylvania's 20-year, $35 billion with Camelot Global Services to run the state's lottery system is unconstitutional, said Attorney General Kathleen Kane.
By Paul BurtonFebruary 14 - New York
New York Mayor Michael Bloomberg ran the gamut from hardening the city from storm damage to calls for a styrofoam ban in his final state of the city address.
By Paul BurtonFebruary 14 -
New York's Metropolitan Transportation Authority held more than $90 million in funds and bank accounts that it could have used to meet budgeted costs, state Comptroller Thomas DiNapoli said.
By Paul BurtonFebruary 13
