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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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 - New York
The New York City Transitional Finance Authority plans to sell $900 million of future tax-secured subordinate bonds in two series next week.
July 28 -
The rising debt of New York's Metropolitan Transportation Authority is "an absolute ticking time bomb," its finance committee chairman said Wednesday.
July 27 -
The Maine Health and Higher Education Facilities Authority plans to sell $290 million of Series 2011 revenue bonds Tuesday to benefit a construction spree by the MaineGeneral Medical Center.
July 25 -
One city is a capital in a large state often considered a battleground in presidential elections. The other occupies a blighted square mile in the nation's smallest state.
July 22 - Vermont
Preliminary general fund revenues for fiscal 2011 were $1.15 billion or about $34 million ahead of target, Vermont Secretary of Administration Jeb Spaulding announced.
July 22 - Pennsylvania
The Philadelphia Housing Authority has selected a former Pennsylvania general counsel and former bond lawyer to lead the rebuilding of its general counsel office.
July 22 - New York
The New York State Environmental Facilities Corp. announced the issuance of $191.7 million in state revolving fund bonds, which will refund bonds for 47 communities for a combined savings of $9.7 million.
July 22 - New York
New York City completed its sale of $800 million of fixed-rate general obligation bonds. Wednesday’s offering included $715 million of tax-exempt new money and refunding bonds, and $85 million of new-money taxable bonds.
July 22 - New Jersey
New Jersey Gov. Chris Christie plans to restore $139 million of aid to financially distressed cities.
July 22 - Massachusetts
The Massachusetts School Building Authority has completed its $142 million sale of federally subsidized qualified school construction bonds.
July 22
