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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Better funding levels prompted S&P Global Ratings to revise the outlook on the state's BBB-plus GO bond rating to positive from stable.
August 5 -
Pitfalls loom despite improved bond ratings and an improving fiscal picture, according to members of the state's fiscal control board.
August 4 -
New York's governor denied allegations by state Attorney General Letitia James' office that he engaged in unwanted groping and comments of a sexual nature.
August 3 -
Federal Aviation Administration approval of the $2.1 billion transit connector revived heated debate over an undertaking that Gov. Andrew Cuomo has championed.
July 30 -
The acting New York City Transit president was in line for a board chairmanship had state lawmakers approved Gov. Andrew Cuomo's measure to split the authority's top positions.
July 29 -
The pandemic was strikingly different than Sept. 11, financial meltdowns and other disasters, according to Robert Mujica.
July 29 -
Lawmakers are considering a bill to credit state employees with three extra years of service for work done outside their homes over nine months of 2020.
July 28 -
New York City budget director Jacques Jiha says proactive moves such as building reserves helped the city weather COVID-19 fiscal challenges. Paul Burton and Chip Barnett host. (23 minutes)
July 27 -
Goldman Sachs is lead managet for the issuance, which includes tax-exempt and taxable bonds.
July 26 -
Out-year deficit borrowing looms after massive federal aid runs out, Chief Financial Officer Robert Foran tells the board.
July 23 -
The agency must still pay the commonwealth due to 2007 legislation that went sideways.
July 21 -
As congestion pricing looms, the mass-transit authority is hearing calls to rework its system to attract riders to support its capital program.
July 20 -
The New Jersey Educational Facilities Authority and the Ivy League university named Ramirez Asset Management, in their first collaboration with an MWBE firm.
July 19 -
Children born into poverty whose births are covered by the state's Medicaid program are eligible, with funding through $600 million of GO bonds over 12 years.
July 16 -
“There’s been a lot of discussion about New York City and its future in the public domain. And when that happens it makes sense to solicit multiple opinions,” said Kroll Senior Managing Director Karen Daly.
July 14 -
A brightening revenue and liquidity picture and improved fiscal governance and management were cited as Moody's assigned a positive outlook.
July 14 -
Officials from the Westchester County city and ACA Financial Guaranty disagree over who is on the hook for revenue bonds that aren't generating enough revenue.
July 12 -
The city, which Moody's downgraded last week, is appealing a Nassau County judge's ruling that has it on the hook for $131 million over a dispute with a developer.
July 12 -
Rating agencies are pushing municipal issuers to build online security risks like ransomware attacks into mitigation strategies that include more transparency.
July 9 -
In his lawsuit in state Supreme Court, the New York city comptroller seeks a return of oversight to his office,
July 8
