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 deposit exceeds some pre-budget estimates that the fund would receive $14 million, said Gov. Tom Wolf.
July 12 -
The American Trucking Associations and three co-plaintiffs argue in federal court that the state's truck-only tolls are unconstitutional.
July 11 -
The combined $10 million payment by Aetna, The Hartford and Travelers is a positive for Connecticut's struggling capital, according to Moody's Investors Service.
July 10 -
Danbury, Connecticut, has launched an investor relations website, BuyDanburyBonds.com, in advance of a $39 million sale of bonds and notes.
July 9 -
Working under three elected comptrollers for 12 years, she was a stabilizing presence behind the scenes.
July 6 -
After years of underfunding and inattention, New York MTA is undertaking accessibility Initiatives that include the hiring of a dedicated executive, Alex Elegudin.
July 6 -
Carol Kostik, the senior among eight deputies, has worked for three city comptrollers and managed the issuance of more than $110 billion of debt .
July 5 -
Better management may not be enough for Hartford and other Connecticut cities, says the Manhattan Institute.
July 5 -
The public-housing authority's latest capital-needs assessment cited a $32 billion repair backlog.
July 3 -
A panel of Senate and House negotiators have yet to reconcile their versions of a $41 billion plan.
July 2 -
New York City's tentative agreement with its largest civilian workforce triggers debate over workforce expansion, savings definition, and productivity tradeoffs.
July 2 -
The planned closure of the L subway line for 15 months shines a glare on New York City and transit agency officials.
June 28 -
Eric Papenfuse called for a hiring freeze and renewed scrutiny for all non-essential spending after the state budget did not give him the taxing flexibility he seeks.
June 27 -
New York City is making the move through HUD's Rental Assistance Demonstration program.
June 26 -
Age, record usage and deferred maintenance have caused serious infrastructure problems at city parks, according to Center for an Urban Future.
June 26 -
Mayor Eric Papenfuse said he will declare a fiscal crisis for Pennsylvania's capital after state lawmakers would not let the city exit distressed status while keeping its special taxing authority.
June 25 -
The legislature OK'd a bonding framework for an $83 million baseball stadium in Pawtucket as the team weighs a move to Worcester, Massachusetts.
June 25 -
State lawmakers are in extra innings over a Pawtucket baseball stadium bond package as the team threatens a move.
June 22 -
Unbalanced contracts, layers of bureaucracy and weak contract management make New York transit projects expensive and time-consuming, according to Scott Rechler.
June 21 -
The authority, one of the largest municipal issuers, will substitute a Bank of Tokyo-Mitsubishi letter of credit with State Street.
June 19
