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.”
- Rhode Island
A recent analysis of tax data shows that Rhode Island job growth exceeded original estimates for the first quarter of 2012, according to the state's Department of Labor and Training.
By Paul BurtonAugust 3 -
Pennsylvania state Sen. Jeffrey Piccola, who sponsored legislation that led to the state takeover of distressed capital city Harrisburg, faces 14 charges of professional misconduct as a private attorney.
By Paul BurtonAugust 3 - Massachusetts
Standard & Poor's revised its outlook on the general obligation bonds of Hull, Mass., to stable from negative. The rating agency also affirmed its AA-minus long-term rating.
By Paul BurtonAugust 3 -
While the mayor and City Council finally came to terms in Scranton, Pa., over a financial recovery plan, the matter remains at a standstill because the city's state-appointed coordinator doesn't like it.
By Paul BurtonAugust 3 - Massachusetts
Massachusetts Treasurer Steven Grossman has emphasized wider disclosure by his office, and in its most recent investor conference call, officials had plenty to share.
By Paul BurtonAugust 3 - New York
New York City leads the list of municipalities in danger of exceeding the state constitutional tax limit, according to a report by New York State Comptroller Thomas DiNapoli.
By Paul BurtonAugust 2 -
Joining a lower Manhattan real-estate scramble, New York's issued a request for proposals to oversee retail space in its planned Fulton transit center.
By Paul BurtonAugust 2 - Connecticut
New Haven, Conn., has a negative outlook from all three major rating agencies, but a city official speaking ahead of two bond sales would rather emphasize the positive.
By Paul BurtonAugust 1 -
A Pennsylvania official Tuesday said the state could relax its Aug. 15 deadline for Scranton to enact a revised recovery plan if it sees the mayor and City Council making progress.
By Paul BurtonJuly 31 - New York
Standard & Poor's raised its long-term and underlying ratings to BBB from BBB-minus on various Yankee Stadium bonds, affecting about $1.3 billion of New York City Industrial Development Agency debt.
By Paul BurtonJuly 31 -
New York's Metropolitan Transportation Authority responded angrily to Thomas DiNapoli's audit that accused the transit agency of giving Apple an inside advantage for a lease for prime retail space at Grand Central Terminal.
By Paul BurtonJuly 31 -
A Pennsylvania official could relax its Aug. 15 deadline for Scranton enacting a revised recovery plan if it sees the mayor and City Council making progress.
By Paul BurtonJuly 31 -
The MTA, whose sheer enormity makes it an easy target for critics, was in feel-good mode even while acknowledging it many financial challenges.
By Paul BurtonJuly 29 -
Pennsylvania's Senate has scheduled an Aug. 29 hearing on the incinerator bond deals that left capital city Harrisburg with more than $310 million in debt that it cannot pay.
By Paul BurtonJuly 27 -
The Providence, R.I., City Council on Thursday backed Mayor Angel Taveras' proposed bond referendum on $40 million worth of citywide street and sidewalk paving.
By Paul BurtonJuly 27 - Rhode Island
Rhode Island State Sen. James Sheehan, D-Narragansett, called for major changes in the governance structure and responsibilities of the Rhode Island Economic Development Corp.
By Paul BurtonJuly 27 -
Jay Walder, the chief executive of Kong Kong's MTR Corp. and former chairman of New York's Metropolitan Transportation Authority, signed a 25-year public-private partnership with Hangzhou, China, to build a subway line.
By Paul BurtonJuly 27 -
Nearly broke and seemingly shut off from the capital markets, Scranton has asked its pension board to meet current-year obligations for payroll and debt service.
By Paul BurtonJuly 26 -
Rhode Island's Investment Commission on Wednesday chose BNY Mellon as its custodian bank for the state's assets of roughly $8 billion, General Treasurer Gina Raimondo announced.
By Paul BurtonJuly 26 -
New York's Metropolitan Transportation Authority introduced a financial plan on Wednesday that projected a $46 million cash surplus rolled into each of the next two years, but also deficits from 2014 to 2016 that range from $14 million to $231 million.
By Paul BurtonJuly 25

