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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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 -
West Penn Allegheny Health System has 30 days to post its audited financial report for the 2012 fiscal year to avoid default on its $726 million bond issue.
By Paul BurtonJanuary 3 - New York
New York City Comptroller John Liu named Maria Tavares deputy comptroller for accountancy. She is a 15-year veteran of the comptroller's office.
By Paul BurtonJanuary 2 -
Pennsylvania State Sen. Mike Folmer plans to introduce a legislative package to deal with issues related to capital city Harrisburg's debt crisis.
By Paul BurtonDecember 31 - New York
The underwriter groups New York City and its financing authorities chose last week included a high number of minority- and women-owned business enterprises.
By Paul BurtonDecember 31 - Rhode Island
The challenge to Rhode Island's pension overhaul law, for now, is in the hands of an independent federal mediation agency.
By Paul BurtonDecember 30