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.”
- Connecticut
Standard & Poor’s removed the Connecticut Housing Finance Authority’s mortgage finance bonds from its watch list and assigned a stable outlook.
By Paul BurtonDecember 16 - New Jersey
The failed EnCap proposal for luxury housing and golf courses on a Bergen County landfill has cost Lyndhurst, N.J., a three-notch downgrade from Moody's Investors Service that affects $53.5 million of long-term debt.
By Paul BurtonDecember 15 - New York
New York City's economy faces severe risks from the European debt crisis, city Comptroller John Liu and New York State Comptroller Thomas DiNapoli said in separate reports on Thursday.
By Paul BurtonDecember 15 -
A federal judge late Tuesday afternoon denied an appeal by the Harrisburg, Pa., City Council of a ruling that invalidated its bankruptcy filing.
By Paul BurtonDecember 13 - Rhode Island
Two years ago, when Gina Raimondo was deciding to run for Rhode Island general treasurer, she saw a newspaper article about budget cuts affecting libraries in Providence and Cranston and bus service on nights and weekends.
By Paul BurtonDecember 13 -
The New York Mets confirmed that they have taken out a $40 million bridge loan with the approval of Major League Baseball.
By Paul BurtonDecember 13 -
The Harrisburg City Council will appeal a federal judge's ruling that invalidated the bankruptcy filing of Pennsylvania's capital city, according to its attorney.
By Paul BurtonDecember 12 - Rhode Island
Moody's Investors Service late Monday downgraded the general obligation bond rating of East Providence, R.I., three notches to Ba1 from Baa1, affecting about $22.4 million of outstanding debt.
By Paul BurtonDecember 12 - Rhode Island
Pension overhaul in Rhode Island has prompted the municipal finance advisor PFM Group to open an office in Providence.
By Paul BurtonDecember 12 -
Dana Levenson jumped at the chance to be chief financial officer of the Massachusetts Department of Transportation.
By Paul BurtonDecember 12 - New York
New York City didn't get the 2012 Summer Olympics, but the bid spurred projects that it needed, anyway.
By Paul BurtonDecember 9 -
The Port Authority of New York and New Jersey's Board of Commissioners has approved a preliminary $7.1 billion combined operating and capital budget for fiscal 2012 amid complaints that the agency overspends on World Trade Center redevelopment at the expense of bridge, road and tunnel improvements.
By Paul BurtonDecember 9 - New York
Nassau County, N.Y., finally got the budgetary go-ahead from its state-appointed oversight board, but the overseer is far from happy.
By Paul BurtonDecember 9 -
Standard & Poor’s affirmed its BBB-plus credit rating and stable outlook for the not-for-profit ACTS Retirement-Life Communities of West Point, Pa.
By Paul BurtonDecember 9 - Pennsylvania
Pennsylvania collected $1.7 billion in general fund revenue in November, Secretary of Revenue Daniel Meuser reported.
By Paul BurtonDecember 9 - Pennsylvania
Metro Bank filed a nearly $52,000 mortgage foreclosure action against Harrisburg Mayor Linda Thompson in Dauphin County Court, the Harrisburg Patriot-News reported.
By Paul BurtonDecember 9 -
The Dormitory Authority of the State of New York approved $531 million in financings for higher education and health care, including $340 million in 23-year, fixed or variable-rate tax-exempt bonds for the Memorial Sloan-Kettering Cancer Center.
By Paul BurtonDecember 9 - New York
The New York City Transitional Finance Authority sold $650 million in new-money building aid revenue bonds last week.
By Paul BurtonDecember 9 -
The cancellation of a project to renovate the 70-year-old Brooklyn-Queens Expressway and a connecting portion of the Gowanus Expressway, both part of Interstate 278 in New York City, has prompted calls for a state law allowing public private partnerships.
By Paul BurtonDecember 9 -
Fairfield, Conn., opened its third train station, Fairfield Metro, to commuters last week.
By Paul BurtonDecember 9


