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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The New York mayor says he will seek federal funding for the $2.7 billion project.
August 30 -
Such a move might allay fears in the capital markets while removing lawmakers from decision-making, according to consultant Jim Millstein.
August 29 -
The commonwealth also intends to offer $765 million of GO bonds and $160 million of Clean Water Trust bonds.
August 22 -
Two of three sales in Connecticut’s recent bond offering set record retail orders, said state Treasurer Denise Nappier, while spreads continued to drop.
August 21 -
Improving public school facilities will be a priority of the Rhode Island Health and Educational Building Corp. under new executive director Kimberly Mooers.
August 21 -
Minor-league baseball's Pawtucket Red Sox rejected a Rhode Island bonding framework for more generous subsidies in Worcester.
August 20 -
The new site is evidence of its commitment to transparency, the state's finance secretary says.
August 16 -
With the state's stagnant economy as a backdrop, Democrat Ned Lamont will face Republican Bob Stefanowski.
August 15 -
Moody’s cited the Pennsylvania city’s continued reliance on its 2013 utility sale to sustain operations.
August 14 -
S&P last week downgraded the transportation authority, citing weak debt-service coverage.
August 14 -
The state expects to come to market with an $889.1 million general obligation sale in three tranches.
August 13 -
The city's struggles reflect those of northeast Pennsylvania’s depressed coal region.
August 10 -
“Strategic investments” account for the 20% increase in spending since New York Mayor Bill de Blasio took office, his budget director said Thursday.
August 9 -
S&P Global Ratings dropped New York's Metropolitan Transportation Authority to A from A-plus, its second downgrade of the agency in five months.
August 9 -
The legislation, which aims to curb the effects of app-based for-hire vehicles on city streets, may lead to a congestion pricing framework.
August 9 -
The authority received upgrades from Moody’s on its two variable rate debt issues backed by bank letters of credit.
August 7 -
The State Bond Commission approved a $10 million study on reviving tolls against a backdrop of revenue strain and regional dynamics.
August 3 -
City officials say the round of assignments for bond counsel and special disclosure counsel includes larger and smaller, minority-owned law firms.
July 31 -
The pension funding problems reflect several decades of underpayments, said Rep. Jonathan Steinberg, who chairs a commission formed to tackle the problem.
July 30 -
New revenue sources for operating and capital budgets are necessary for the transit authority to cover a widening outyear gap, CFO Robert Foran said.
July 26
