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.”
- Pennsylvania
According to the report, the city absorbed $264 million of incinerator bond debt that year.
July 25 -
Conduit bond issuer Build NYC Resource Corp. has approved $75.6 million of tax-exempt financing to assist four New York City nonprofits.
July 25 - Massachusetts
The ratings agency praises the Massachusetts capital for its handling of pension and OPEB liabilities and its handling of reserves
July 24 -
Neil Grover of the taxpayer group Harrisburg Debt Watch will resume the battle against receiver William Lynch over tripling the earned-income tax in Pennsylvania's capital city.
July 24 -
The school's Aa1 rating is at risk after the NCAA imposed a $60 million fine for its role in a child sex-abuse scandal.
July 24 -
A court hearing looms on a state receiver's lawsuit demanding that it triple the city's income tax.
July 23 - New York
Thomas DiNapoli praised the city closing budget gaps, but warned about rising debt and dwindling reserves.
July 23 -
The rating agency does not expect the NCAA's $60 million fine to immediately affect the long-term ratings on various revenue bonds issued by and for the school.
July 23 -
Its finance manager is examining how the alleged London interbank offering rate scandal has affected the transit authority's investments.
July 23 - Pennsylvania
The City Council has introduced tentative agreements with the police and fire unions that reflect the state Supreme Court ruling last fall.
July 20 - Pennsylvania
A new Pennsylvania law will consolidate the functions of the Securities Commission into the Department of Banking to form a new Department of Banking and Securities.
July 20 -
Mark Schwartz, who has represented the Harrisburg City Council since October and filed a Chapter 9 petition on its behalf, withdrew from its most recent filing from the Commonwealth Court, saying he has not been paid.
July 20 -
New York State Comptroller Thomas DiNapoli's office has begun an independent financial review of the financially troubled State University of New York Downstate Medical Center and its affiliates.
July 20 - New York
Long Beach, N.Y., could issue a request for proposals by fall to operate its 38-year-old Long Beach Ice Arena.
July 20 - Rhode Island
Gov. Lincoln Chafee sees Peter Marino's hiring as a crucial piece to the Ocean State puzzle.
July 20 -
The commonwealth awards a $2.6 billion contact after bidding that attracted some of investment banking's biggest names.
July 20 -
The Pittsburgh firm will manage the Massachusetts Municipal Depository Trust bond portfolio, ending Boston-based Fidelity's 35-year run.
July 19 - Pennsylvania
A local private-sector consultant, invoking the 1975 New York City crisis, says M&T should tell the Pennsylvania city to drop dead.
July 19 - Pennsylvania
But employees, who have gotten the federal minimum since July 6, will not get back pay yet as the city lacks the funds.
July 18 -
Officials expect to accommodate large cargo ships traveling up the East Coast after the Panama Canal widens.
July 18
