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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A federal judge sentenced former Central Falls, R.I., mayor Charles Moreau to two years for corruption that occurred while the city was plummeting toward bankruptcy.
By Paul BurtonFebruary 12 - New York
New York City has scheduled a $1.42 billion general obligation bond sale for Feb. 27 through negotiation, after a two-day retail period.
By Paul BurtonFebruary 12 - New York
New York City Comptroller John Liu assailed a lease agreement with the Marriott hotel in Times Square that he said could cost taxpayers at least $345 million.
By Paul BurtonFebruary 12 -
Harrisburg, Pa., has cleared a legal hurdle to the auction of its Wild West artifacts, which officials say could bring up $6 million to the teetering city.
By Paul BurtonFebruary 12 - New York
The New York City Municipal Water Finance Authority plans to sell about $435 million of second resolution, fixed-rate tax exempt new money bonds on Feb. 20.
By Paul BurtonFebruary 11 -
The Pennsylvania Turnpike Commission's burdensome requirement to pay the state DOT $450 million annually would expire in 10 years under Gov. Tom Corbett's proposal.
By Paul BurtonFebruary 11 - New York
New York City Council Speaker Christine Quinn on Monday called for the creation of 40,000 new middle-income apartments over 10 years.
By Paul BurtonFebruary 11 -
Capital city Providence, R.I., expects to balance its budget by year's end, Mayor Angel Taveras said.
By Paul BurtonFebruary 8 -
Harrisburg, Pa., councilman Brad Koplinski, a major figure in the capital city's debt crisis, said he will run for Pennsylvania lieutenant governor as an advocate for localities.
By Paul BurtonFebruary 8 -
The New York City Council has authorized a study to explore relocating utility wires underground in areas of the five boroughs vulnerable to weather.
By Paul BurtonFebruary 8 -
The City Council in distressed Scranton, Pa., tabled a contract with Standard Parking to manage city meters, citing concerns over fees and revenue projections.
By Paul BurtonFebruary 8 -
Massachusetts' pension fund returned nearly 14% in 2012 and exceeded its benchmark by 84 basis points, its board reported.
By Paul BurtonFebruary 7 -
Connecticut Gov. Dannel Malloy's two-year, $21.5 billion budget includes $1.8 billion worth of capital funds and a bioscience initiative for UConn.
By Paul BurtonFebruary 6 - New York
New York City Comptroller John Liu wants an investigation of a multimillion dollar tech contract, saying a city agency is stonewalling an audit his office began.
By Paul BurtonFebruary 6 -
Moody's revised its outlook for West Penn Allegheny Health System bonds to developing from negative as it monitors an affiliation agreement with Highmark.
By Paul BurtonFebruary 6 - Pennsylvania
Gov. Tom Corbett, in his address to Pennsylvania's legislature, unveiled a pension overhaul plan that he said would deal with $41 billion in unfunded liability.
By Paul BurtonFebruary 5 - New York
New York City Comptroller John Liu and the New York City Pension Funds want Exxon Mobil Corp. to quantify its safety efforts regarding fracking operations.
By Paul BurtonFebruary 5 -
PFM Group has hired Damon Lee for its New York office as it continues to expand its practice in the challenging and changing health-care sector.
By Paul BurtonFebruary 4 - Pennsylvania
Altoona, Pa.'s City Council will consider scheduling a referendum on whether to create a government study commission, one recommendation in its recovery plan.
By Paul BurtonFebruary 1 - Connecticut
Sen. Scott Frantz, R-Greenwich, the newest member of the Connecticut Bond Commission, wasted no time grilling Gov. Dannel Malloy about long-term debt.
By Paul BurtonFebruary 1