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.”
-
A private-sector financial consultant wants Scranton, Pa., officials to clarify a bond-document statement that he said contradicts property tax increase plans.
By Paul BurtonJanuary 14 - Rhode Island
Rhode Island Gov. Lincoln Chafee announced a transparency and accountability initiative, the goal of which, he said in an executive order, is to make more information about government operations and management available to the public.
By Paul BurtonJanuary 11 -
Harrisburg, Pa., Controller and mayoral candidate Dan Miller said he would appeal a judge’s decision that would force him to sign an agreement that allows the distressed city’s sale of Wild West artifact collections to proceed, the Patriot-News reported.
By Paul BurtonJanuary 11 - Massachusetts
Massachusetts officials introduced legislation to overhaul OPEB benefits in what Treasurer Steven Grossman called "a game-changer" for Bay State finances.
By Paul BurtonJanuary 11 - Pennsylvania
Pennsylvania lawmakers will debate legislation to forbid governments from interest-rate swap transactions. Supporters say unsophisticated governments can lose too much money from the complex deals.
By Paul BurtonJanuary 11 -
New York's Metropolitan Transportation Authority plans a $500 million sale of Series 2013A transportation bonds for Wednesday, after a one-day retail period.
By Paul BurtonJanuary 11 -
West Penn Allegheny Health System, bondholders and Highmark are continuing talks about a $475 million affiliation agreement, with West Penn possibly avoiding bankruptcy.
By Paul BurtonJanuary 10 - Pennsylvania
Allentown, Pa.'s City Council nixed a May referendum that could have complicated plans to lease out the city water and sewer systems, which Mayor Ed Pawlowski says would defray pension costs.
By Paul BurtonJanuary 9 - Connecticut
Gov. Dannel Malloy touched briefly on Connecticut's finances against the hovering backdrop of the Newtown school shootings in his state of the state address.
By Paul BurtonJanuary 9 -
The impact of Hurricane Sandy on the New York City public hospital system will exceed $800 million, according to Health and Hospitals President Alan Aviles.
By Paul BurtonJanuary 9 -
New York's Metropolitan Transportation Authority will price $805 million of Triborough Bridge and Tunnel Authority refunding bonds, starting with Wednesday's retail period.
By Paul BurtonJanuary 8 - Massachusetts
Local Massachusetts governments still face significant fiscal strain, but most have managed their challenges well, Moody's said in a special report.
By Paul BurtonJanuary 7 - New York
New York City has totaled $154.1 million in overtime costs related to Hurricane Sandy from Oct. 29 to Dec. 24, the Independent Budget Office reported.
By Paul BurtonJanuary 7 - New York
Congress added a provision into fiscal-cliff legislation that extends the issuance of tax-exempt New York liberty bonds, authorized after the Sept. 11 attacks.
By Paul BurtonJanuary 4 -
Master trustee UMB Bank told West Penn Allegheny Health System to file an audited financial statement within 30 days to avoid violation of a bond covenant.
By Paul BurtonJanuary 4 - Pennsylvania
Pennsylvania and Camelot Global Services mutually agreed to extend the firm's bid for private management of the state lottery, to Jan. 10 from Dec. 31.
By Paul BurtonJanuary 4 - Massachusetts
State Treasurer Steven Grossman announced that the recently completed eBay auction his office's Unclaimed Property Division conducted has generated a record-setting $544,552 in revenue for the commonwealth's general fund.
By Paul BurtonJanuary 4 - Massachusetts
Lt. Gov. Timothy Murray joined Energy and Environmental Affairs Secretary Rick Sullivan to award $504,117 in grants to seven nonprofit organizations to preserve 212 acres of open space.
By Paul BurtonJanuary 4 - Connecticut
Gov. Dannel Malloy announced awards of more than $9 million in Open Space and Watershed Land Acquisition grants for 35 communities.
By Paul BurtonJanuary 4 -
Adrian Scott-Jones, a government witness who perjured himself at a federal courtroom in April, received 18 months for his role in the muni bond bid-rigging case.
By Paul BurtonJanuary 3
