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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The Dormitory Authority of the State of New York on Wednesday is scheduled to refund $122 million of Memorial Sloan-Kettering Cancer Center fixed-rate, tax-exempt revenue bonds, 2003 Series 1.
By Paul BurtonJanuary 24 -
The New York City metropolitan region stands to lose billion of dollars through delays in infrastructure projects, the new executive director of the Port Authority of New York and New Jersey said Monday.
By Paul BurtonJanuary 23 -
Gov. Dannel Malloy on Monday announced a change to Connecticut's pension funding plan that he said will avoid a spike in the state's obligation in fiscal 2032 and avert a potential crisis.
By Paul BurtonJanuary 23 - New York
The New York City Municipal Water Finance Authority plans to sell $400 million of second-resolution, fixed-rate, tax-exempt new-money bonds Tuesday, after a one-day retail period.
By Paul BurtonJanuary 20 -
A forensic audit focusing on the incinerator bond deals largely responsible for driving Harrisburg into insolvency has prompted another request for federal investigations into the transactions.
By Paul BurtonJanuary 20 - Connecticut
Connecticut officials reacted angrily Friday after Moody's Investors Service lowered the state's general obligation bond rating to Aa3 from Aa2.
By Paul BurtonJanuary 20 - Vermont
Vermont is triple-A rated, and state auditor Tom Salmon wants to keep it that way — even if a tropical storm named Irene created havoc.
By Paul BurtonJanuary 20 -
A federal bankruptcy judge’s approval of collective bargaining contracts between bankrupt Central Falls and retired employees is a credit positive for the city, according to Moody’s Investors Service.
By Paul BurtonJanuary 20 - Rhode Island
Rhode Island General Treasurer Gina Raimondo’s office will host a workshop Tuesday for municipalities with locally administered pension plans in advance of the reporting deadline set by the recently passed Rhode Island Retirement Security Act.
By Paul BurtonJanuary 20 - Pennsylvania
William Rhodes became chairman of the public finance department at Ballard Spahr LLP, the Philadelphia law firm announced.
By Paul BurtonJanuary 20 - Pennsylvania
Philadelphia has lost $331 million in net interest payments and cancellation fees related to swaps, the Pennsylvania Budget and Policy Center wrote in a report.
By Paul BurtonJanuary 20 - New York
New York City Comptroller John Liu’s office has launched a website, “MWBE Report Card NYC,” to track how much each city agency spends on minority- and women-owned enterprises. The address is mwbereportcardnyc.com.
By Paul BurtonJanuary 20 - New Jersey
Gov. Chris Christie signed a bill legalizing sports betting in New Jersey, but the move would take effect only if a federal ban on such gambling is reversed.
By Paul BurtonJanuary 20 -
Moody’s Investors Service on Friday downgraded Connecticut’s general obligation bond rating to Aa3 from Aa2, affecting about $14.6 billion in outstanding general obligation bonds.
By Paul BurtonJanuary 20 -
Rockland County will ask the New York Legislature for authorization to issue up to $80 million of bonds to cover its operating deficit, and to raise its sales tax by three-eighths of 1% to cover those bonds.
By Paul BurtonJanuary 18 -
There's ample blame for Harrisburg's debt crisis, the operator of the incinerator in Pennsylvania's capital city said in a 133-page forensic investigation report released Wednesday.
By Paul BurtonJanuary 18 - Rhode Island
Five days after it placed Woonsocket, R.I., on review for downgrade, Moody's Investors Service lowered the city's long-term general obligation rating to Ba2 from Ba1, affecting $225 million of parity debt.
By Paul BurtonJanuary 18 - New York
The Port Authority of New York and New Jersey plans to auction $400 million of 171st Series consolidated bonds to support capital projects.
By Paul BurtonJanuary 17 - New York
New York Gov. Andrew Cuomo on Tuesday introduced his fiscal 2012-13 executive budget. The $132.5 billion spending plan marks a decrease of $225 million from 2011-12. The recommendations cut the projected four-year deficit by more than half, to $7.4 billion from $16.4 billion.
By Paul BurtonJanuary 17 - Rhode Island
A bill to provide East Providence a $12.6 million advance on state education aid to prevent it from running out of cash Friday is headed for Rhode Island’s Senate.
By Paul BurtonJanuary 13


