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 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 -
Massachusetts Attorney General Martha Coakley will hold a public hearing at 6 p.m. on Aug. 9 at Quincy High School on the proposed $38 million sale of Quincy Medical Center Inc. to Steward Health Care System LLC.
July 22 - Delaware
Emilie Ninan, a public finance partner at Ballard Spahr LLP and the future president of the North American South Asian Bar Association, has become managing partner of the firm’s Wilmington, Del., office.
July 22 -
Jay Walder on Thursday announced his resignation as chairman and chief executive of New York’s Metropolitan Transportation Authority, effective Oct. 21.
July 21 - New York
New York City should start to build a surplus for fiscal 2012 close to the level just achieved, to deal with a projected $4.6 billion gap in 2013, according to New York State's Financial Control Board.
July 21 -
The Maine Turnpike Authority is suing former chief executive Paul Violette, demanding he repay $524,000 it alleges he cost the agency between 2003 and 2011.
July 21 -
HARRISBURG, Pa. - The rejection by Harrisburg’s City Council of a financial recovery plan by a state-sponsored panel has Pennsylvania's capital city scrambling.
July 20 -
The state-appointed receiver overseeing Central Falls, R.I., asked retired police officers and firefighters on Tuesday for $2.5 million in permanent pension and health-benefit concessions for the city to avoid bankruptcy.
July 19 -
Gov. Dannel Malloy and Connecticut's union leaders say they are about to begin negotiating a concessions deal that could ward off thousands of layoffs.
July 19 - Massachusetts
The Massachusetts School Building Authority on Wednesday will sell $142.4 million of qualified school construction bonds through negotiation.
July 18 -
The Central Falls, R.I., City Council will hold its first public meeting in more than a year after Gov. Lincoln Chafee signed a bill requiring more input from local elected officials in communities under state receivership.
July 18
