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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Funding a major capital program increasingly with debt is a big challenge, said finance director Robert Foran.
October 23 -
"I thought their approach was novel," Connecticut Lottery Corp. President Gregory Smith said of New Jersey's maneuver to boost pension funding.
October 18 -
New York City Comptroller Scott Stringer said the Metropolitan Transportation Authority should cut commuter-rail fares within the boroughs to the cost of a subway MetroCard.
October 16 -
The Boston-based firm announced digital enhancements for investor communications, treasury management and disclosure compliance.
October 16 -
Stan Brezenoff expects to tap public-private partnerships and design-build as he sets out to rectify the troubled New York City Housing Authority,
October 12 -
S&P said Pennsylvania's rejection of Wilkes-Barre from a state workout program presents no immediate pressure to its overall credit quality.
October 11 -
Connecticut must deal with a timing discrepancy between a bond covenant and a legislative amendment intended to loosen its restrictions.
October 11 -
The undertaking, for which the city has already allocated $760 million, seeks to establish flood protection 2.4 miles from Montgomery Street north to East 25th Street.
October 4 -
The New York City Economic Development Corp. made a $30 million seed investment in Cyber NYC.
October 2 -
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"This is not a project we relish," city transportation Commissioner Polly Trottenberg said while presenting options for its $3 billion-plus overhaul of part of the Brooklyn-Queens Expressway.
October 1 -
The authority, one of the largest municipal bond issuers, will use the new benchmark to reduce its exposure to Libor, which is slated to sunset.
September 26 -
Andy Byford, president of the MTA's New York City Transit unit, said timing relative to budget cycles is essential.
September 25 -
Transportation research nonprofit TRIP said more than 7% of the state's bridges -- more than 300 -- are structurally deficient.
September 24 -
Pennsylvania’s two largest public pension systems are paying much higher private equity fees than they report -- a nearly $4 billion differential -- a finance professor told an oversight panel.
September 21 -
Amid hurricanes and other natural disasters and with federal funding a wild card, municipalities and states adjust.
September 21 -
Connecticut’s planned issue of credit revenue bonds is a “potentially terrible long-term solution,” says Municipal Market Analytics.
September 19 -
Quantifying the related financial damage will take time, said the rating agency.
September 18 -
Legacy costs are crowding out programmatic spending, according to a report by the Citizens Budget Commission's Ana Champeny and Maria Doulis.
September 18
