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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Harrisburg, Pa., receiver William Lynch chose the Lancaster County Solid Waste Management Authority to enter into exclusive negotiations to purchase the incinerator that has become the face of the city's debt crisis.
By Paul BurtonJune 27 -
On the eve of a refunding for the same amount and with former Gov. David Paterson on board, the agency signs off on spending for capital projects
By Paul BurtonJune 27 -
The Harrisburg, Pa., City Council has launched another legal attempt to fight receivership in Pennsylvania's distressed capital city.
By Paul BurtonJune 27 -
With the initial development period on military housing privatization winding down, coping with uncertainty was the theme of the Bond Buyer conference in Washington.
By Paul BurtonJune 26 - Pennsylvania
Moody's Investors Service assigned a negative outlook to the Altoona, Pa., Water Authority's $36.4 million of Series 2007 water revenue refunding bonds while affirming the authority's A1 rating.
By Paul BurtonJune 22 - New York
The New York City Municipal Water Finance Authority sold $662 million of second-resolution, fixed-rate, tax-exempt new-money and refunding bonds in a sale that was upsized from an initial $450 million.
By Paul BurtonJune 22 - New York
The New York City Regional Economic Development Council is seeking proposals for projects it could recommend as priorities for the second round of New York Gov. Andrew Cuomo's regional council initiative.
By Paul BurtonJune 22 -
Attorneys representing various public-sector employees argue in Rhode Island Superior Court that the reversal of signed contracts was illegally unilateral.
By Paul BurtonJune 22 -
Scranton Mayor Chris Doherty sued the city council, urging a Lackawanna County, Pa., court to force a recovery plan to keep his city from going broke.
By Paul BurtonJune 22 -
Boston has the nation's oldest public transportation system, and the most leveraged. So far, one-shot measures have filled shortfall's but critics complain.
By Paul BurtonJune 22 - Pennsylvania
Pennsylvania lawmakers pass a bill to help distressed cities deal with arbitration awards.
By Paul BurtonJune 22 -
The U.S. Department of Transportation has released $10 million under its TIGER grant program to modernize the infrastructure and warehouse facilities at the Hunts Point Terminal Market in New York City’s Bronx borough.
By Paul BurtonJune 20 -
The Triborough Bridge and Tunnel Authority is scheduled to sell $195.6 million of general revenue variable-rate refunding bonds on Thursday by competitive bid.
By Paul BurtonJune 20 - New York
The New York City Housing Development Corp. has scheduled a $312 million sale of multifamily housing revenue bonds through negotiation Thursday, after a one-day retail period.
By Paul BurtonJune 19 - New York
New York City Mayor Michael Bloomberg’s announcement of a long-sought $3 billion development project to convert the Willets Point, Queens, junkyard area adjacent to the Mets’ Citi Field baseball park into a five-million square foot retail and entertainment district has triggered reactions that range from positive to skeptical.
By Paul BurtonJune 18 - Rhode Island
Gov. Lincoln Chafee signed Rhode Island's $8.1 billion budget, but warned that storm clouds still hover over the state's cities and towns.
By Paul BurtonJune 18 - Rhode Island
Fearing the loss of casino revenue to a neighboring state, Rhode Island's General Assembly passed an end-of-session bill that gives the state 18% of the take from table games at its Twin River and Newport Grand facilities, should voters approve an enabling referendum this fall.
By Paul BurtonJune 15 - Connecticut
The Wadsworth Atheneum received a $2 million grant from the Connecticut Bond Commission, helping the Hartford art museum launch the second phase of a renovation project.
By Paul BurtonJune 15 - Pennsylvania
Scranton styles itself as "The Electric City," but ongoing financial problems, combined with the discord on display at a City Council meeting last week, raise questions about its ability to keep the lights on at its 19th-century Gothic Revival City Hall.
By Paul BurtonJune 15 -
The Scranton City Council reversed itself Thursday night and approved a transfer of $1 million to the city’s parking authority to make an overdue bond payment.
By Paul BurtonJune 15

