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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A bill that would reduce the powers of the New Hampshire Rail Transit Authority and strip it of its ability to issue bonds is headed to Gov. John Lynch.
By Paul BurtonJune 10 -
The Massachusetts Port Authority has named chief legal counsel David Mackey as interim chief executive officer and executive director while it conducts a national search to replace Thomas Kinton, who retired June 1.
By Paul BurtonJune 10 - New York
Jonathan Ballan, no stranger to public service, was appointed this week to the New York Metropolitan Transportation Authority’s board.
By Paul BurtonJune 8 -
The Massachusetts Port Authority on Wednesday will sell $215 million of special facilities revenue debt, including $156 million of taxable bonds, in a two-tranche offering to help finance the construction of a consolidated rental car facility at Boston’s Logan International Airport.
By Paul BurtonJune 8 -
Rhode Island lawmakers are considering a package of bills related to municipal bankruptcies.
By Paul BurtonJune 6 - Pennsylvania
Treasurer Rob McCord has outlined a plan for Pennsylvania’s 10 operating casinos to begin repaying loans totaling $63.9 million. The loans, made from the Property Tax Relief Reserve Fund between 2007 to 2010, were used to help finance the Pennsylvania Gaming Control Board’s operations during the early years of gambling in the state.
By Paul BurtonJune 3 -
The Internal Revenue Service is conducting an audit of the Philadelphia School District, officials have confirmed.
By Paul BurtonJune 3 - New York
The Riverhead, N.Y., Board of Education heard a $78.4 million capital improvement bond plan for the Long Island community’s schools.
By Paul BurtonJune 3 - New York
Nassau County has scheduled an Aug. 1 referendum seeking taxpayer approval for a $400 million borrowing to fund a replacement for Nassau Veterans Memorial Coliseum and keep the National Hockey League’s New York Islanders from pulling up stakes.
By Paul BurtonJune 3 -
NEW YORK - Moody’s Investors Service has revised the outlook on Rhode Island to negative from stable and affirmed the Aa2 rating on the state’s general obligation bonds, the agency said.
By Paul BurtonJune 1 -
Fitch Ratings has affirmed its AA rating on New York’s general obligation bonds and revised its outlook on the state to positive from stable, the agency said late Tuesday afternoon.
By Paul BurtonMay 31