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.”
- New York
The New York City Transitional Finance Authority has sold $1.05 billion of future tax-secured, fixed-rate conversion and refunding subordinate-lien bonds.
August 5 - New York
One day after voters soundly rejected a $400 million bond proposal to build an arena for the National Hockey League’s New York Islanders, Nassau County Executive Edward Mangano called for private development proposals.
August 5 - New Jersey
Cape May County’s Board of Chosen Freeholders will hold a public hearing on Tuesday over a proposed $61 million bond ordinance.
August 5 - New Hampshire
New Hampshire state revenue in July dropped by $6.6 million from the same month in 2010, to $86.3 million, the Department of Administrative Services said.
August 5 -
The Connecticut State Bond Commission approved $3 million of repairs for the Hartford-to-East Hartford railroad bridge. The funding was part of a state infrastructure improvement package aimed at school and transportation projects.
August 5 -
The bankruptcy filing of Central Falls, R.I., created another ripple Thursday, one day after the city's Chapter 9 case opened in downtown Providence.
August 4 -
The bankruptcy case of Central Falls, R.I., opened in downtown Providence on Wednesday, with the attorney for the city’s state-appointed receiver saying things have reached a tipping point.
August 4 -
Harrisburg Mayor Linda Thompson has called for Pennsylvania, Dauphin County and a bond insurer to forgive any of the estimated $26 million of debt not covered by the sale of its financially troubled incinerator and revenue from other measures in her financial recovery plan.
August 3 -
As soon as Central Falls, R.I., filed for Chapter 9 bankruptcy protection, questions emerged.
August 2 - New York
One day after Nassau County voters body-checked a $400 million bond proposal for a new arena for the New York Islanders, the state-appointed board that oversees the county’s finances told local officials to get their house in order.
August 2 -
Nassau County voters on Monday turned back a $400 million bond proposal to build a new arena for the National Hockey League’s New York Islanders.
August 2 -
New YorkNassau County, N.Y., will ask voters on Monday to consider a $400 million bond issue to rebuild aging Veterans Memorial Coliseum in Uniondale and to construct an adjacent minor league ballpark.
July 29 - Vermont
Standard & Poor’s raised its rating on the Vermont Housing Finance Agency’s multifamily mortgage bonds to A-plus from BBB-plus.
July 29 - Rhode Island
The Central Falls City Council will hold a public meeting at 6 p.m. on Aug. 4, its first such meeting in more than a year.
July 29 -
The Puerto Rico Public-Private Partnership and the Puerto Rico Ports Authority have set Aug. 8 as the due date for responses to a request for qualifications for a privatization of Luis Munoz Marín International Airport in San Juan.
July 29 - Pennsylvania
How to shape the development of natural gas extraction in Pennsylvania is now up to Gov. Tom Corbett, regulatory agencies and lawmakers, following the release of the full report of the governor’s Marcellus Shale Advisory Commission.
July 29 -
New York’s Metropolitan Transportation Authority priced $400 million of revenue bonds in a transaction led by book-running senior manager Bank of America Merrill Lynch and co-senior Loop Capital Markets.
July 29 - New York
Moody’s Investors Service lowered its outlook on Westchester County’s triple-A rating to negative from stable, affecting about $1 billion of debt that includes $836 million of general obligation bonds and $120 million of outstanding lease revenue bonds.
July 29 -
Massachusetts’ $30.6 billion budget for fiscal 2012, which restored $65 million in local aid and improved the ability of governments to manage health-care costs, is a credit-positive for municipalities, Moody’s Investors Service said.
July 29 -
Connecticut Attorney General George Jepsen announced a settlement late Thursday with Martin Kanefsky, the former chief executive of Kane Capital Strategies Inc., as part of a nationwide investigation of alleged anticompetitive and fraudulent conduct in the municipal bond derivatives industry.
July 28
