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 attorney representing the Harrisburg, Pa., City Council in its bankruptcy filing said his endgame is to pay bondholders in full.
November 8 -
MaineVoters in Cumberland County, Maine, Tuesday will vote on a 25-year, $33 million bond plan to renovate the Cumberland County Civic Center in Portland.
November 4 -
Retired police officers and firefighters, and unions representing municipal employees in Central Falls, have filed objections in federal bankruptcy court to Rhode Island-appointed receiver Robert Flanders’ plan to change their pensions and contracts.
November 4 -
Pennsylvania Sen. Jeffrey Piccola, who in the past year has sponsored legislation to put Harrisburg under state control and restrict its bankruptcy options, may no longer have parts of the capital city in his district.
November 4 - New Jersey
Standard & Poor’s raised the long-term rating to AA-minus from A on the Union County Utilities Authority’s Series 1998A senior lease revenue bonds and Series 1998 taxable solid-waste landfill revenue bonds.
November 4 - New Jersey
The New Jersey Sports and Exposition Authority has approved proposals for the American Dream-Meadowlands project, formerly known as Xanadu.
November 4 -
Moody’s Investors Service downgraded Saints Medical Center of Lowell to Caa1 from B1 after it and the for-profit Steward Health Care System of Boston ended their merger discussions.
November 4 - Maine
Waldoboro citizens will vote Tuesday on the proposed refinancing of $1.15 million of water department bonds.
November 4 - Connecticut
State Treasurer Denise Nappier has been inducted into the Connecticut Women’s Hall of Fame.
November 4 -
Pennsylvania’s Department of Community and Economic Development on Thursday released an action plan for Harrisburg, as a follow-up to Gov. Tom Corbett’s Oct. 24 declaration of fiscal emergency in the capital city.
November 4 - New York
New York City reported a $5 million surplus in its general fund for the 31st straight year, but warning signs hover, Comptroller John Liu said in his annual analysis of the city's finances.
November 3 -
An arbitration award that ends minimum staffing levels for firefighters could save Bethlehem, Pa., about $1 million annually, according to the city's mayor.
November 2 -
Financially strapped Harrisburg wants all sides, including bondholders, to make concessions, the mayor of Pennsylvania's capital city said Wednesday.
November 2 -
A bankruptcy judge in Harrisburg said Tuesday that special court approval for payments to vendors is unnecessary in Pennsylvania's capital city.
November 1 - New York
New York Gov. Andrew Cuomo on Monday announced his appointment of Leecia Eve to deputy secretary for economic development and his recommendation of Gil Quiniones to be president and chief executive of the New York Power Authority, pending legislative approval. Quiniones is currently acting president.
October 31 - Connecticut
The Connecticut Bond Commission voted 8 to 2 to spend $800,000 for a new electronic-vote tally board for its House of Representatives, over the objections of the two Republicans on the commission.
October 31 -
Harrisburg, Pa., Mayor Linda Thompson has requested that the judge overseeing the City Council's bankruptcy filing authorize expenses to vendors.
October 28 -
With the appointments two weeks ago of Joseph Lhota and Patrick Foye as heads of the Metropolitan Transportation Authority and the Port Authority of New York and New Jersey, respectively, New York Gov. Andrew Cuomo has his own people in charge of the two major agencies.
October 28 - Vermont
The initial cleanup and stabilization of Vermont’s state office complex in Waterbury will cost $20 million to $25 million in the aftermath of Tropical Storm Irene, officials said.
October 28 - Pennsylvania
Pennsylvania Gov. Tom Corbett has announced the investment of $84 million in 18 non-point source, drinking water, and wastewater projects in 14 counties.
October 28
