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
The former fiscal advisor to the Rhode Island Senate will oversee an office whose creation Gov. Lincoln Chafee sought in his budget proposal.
By Paul BurtonJuly 18 -
Proceeds will refund bonds and finance capital projects at the health system's three campuses near Philadelphia.
By Paul BurtonJuly 18 - Pennsylvania
The rating agency, one day after lowering the state's GO bond rating to Aa2 from Aa1, took further action affecting the Keystone State.
By Paul BurtonJuly 17 -
After a long, bumpy road, Gov. Tom Corbett signs a bill that establishes a framework for infrastructure public-private partnerships.
By Paul BurtonJuly 15 - Rhode Island
Gov. Lincoln Chafee's executive order to form a task force on shared services among Central Falls, Pawtucket and East Providence is a credit positive for those stressed Rhode Island cities, according to Moody's Investors Service.
By Paul BurtonJuly 13 -
Executives from video-game company 38 Studios LLC admitted in bankruptcy court that their breakthrough game fell short of expectations.
By Paul BurtonJuly 13 -
Central Falls could exit bankruptcy by early September under a schedule to which unions, retirees and a bankruptcy judge agreed.
By Paul BurtonJuly 13 - New York
New York City Comptroller John Liu urged Mayor Michael Bloomberg to quickly identify senior administration officials responsible for orchestrating and overseeing the illegal lobbying activities at the city's Economic Development Corporation.
By Paul BurtonJuly 13 - Massachusetts
The state expands its pool of underwriters interested in negotiated sales by 35%, according to Treasurer Steven Grossman.
By Paul BurtonJuly 13 -
But the teetering city, frozen out of the capital markets and under national glare for paying employees the minimum wage in defiance of a court order, must agree to a revised recovery plan.
By Paul BurtonJuly 13 -
The broke city has yet another problem. It can't sell its sewer conveyance system to a local authority, as projected, because the authority has owned it since 1968.
By Paul BurtonJuly 11 -
William Lynch wants a state court to force the City Council to raise the earned-income levy to 1.5% from 0.5%.
By Paul BurtonJuly 10 - Massachusetts
The Council of Development Finance Agencies recognizes the Massachusetts conduit issuer for crafting a tax-exempt bond for the school's Gateway Park research complex.
By Paul BurtonJuly 10 -
The Massachusetts Port Authority, which needs to shuffle gates at Boston's airport to accommodate the United-Continental merger and JetBlue expansion, plans to sell $285 million in new money and refunding.
By Paul BurtonJuly 10 - New York
State building aid payable to the city secures the bonds under the School Financing Act.
By Paul BurtonJuly 9 -
Linda Thompson proposes ending a five-year old incinerator fee agreement with the Harrisburg Authority public works agency that she said would redirect $275,000 per year to Pennsylvania's distressed capital city.
By Paul BurtonJuly 9 -
A Lackawanna County, Pa., judge late Friday enjoined Scranton from paying its employees only the federal minimum wage, but the mayor of the cash-strapped city said there's no money left with which to comply.
By Paul BurtonJuly 6 -
Northeast public officials are glancing westward for any precedent that could emerge from that northern California city's bankruptcy filing.
By Paul BurtonJuly 6 -
The law firm taps a former key operative for the Dormitory Authority of the State of New York, perennially a top issuer.
By Paul BurtonJuly 6 - Rhode Island
Fitch Ratings has revised its outlook for West Warwick, R.I.'s general obligation bonds to negative from stable, while affirming its rating of $13 million of debt at BBB-plus.
By Paul BurtonJuly 6


