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 plan could hinder city operations and provide Washington further motivation to cut funding, Vito Mustaciuolo told City Council members.
May 16 -
Strategies range from flexible pricing structures with taxable and tax-exempt bonds to public-private partnerships.
May 16 -
The commonwealth expects to come to market Wednesday with a competitive issuance.
May 15 -
State Treasurer Denise Nappier released a certification that accounts for bond projects lawmakers authorized and canceled.
May 11 -
The $20.8 billion second-year adjustment to the biennial plan cleared 48 minutes before Wednesday's midnight adjournment deadline.
May 10 -
The new chief investment officer of the $34 billion Connecticut Retirement Plans and Trust Funds will begin his duties Monday.
May 9 -
Decking over a portion of the 180-acre rail site in Queens could trigger new investments in parks, schools and housing, according to a city study.
May 8 -
The commonwealth's web portal enables tracking general-fund balance in real time, among other features.
May 8 -
Its effect would hinge on party control of the General Assembly in 2022, given the open-endedness of the legislation.
May 7 -
New York MTA now puts the tab for the 13-year-late project at $11.2 billion, more than two-and-a-half times its original estimate.
May 4 -
Aid to Hartford, in light of Connecticut’s assumption of city GO debt over 20 years, has become a lightning rod.
May 2 -
Pittsburgh exited successfully from the Act 47 workout, but other communities hang around for decades.
May 1 -
The former presidential candidate implored New York and New Jersey to enable their cities to execute streamlined project delivery.
April 30 -
New York's mayor said hits from Albany and threats from Washington affected the city's latest spending plan.
April 26 -
While New York MTA's proposed 2.4% bump in its five-year capital program involved no new funds, it generated spirited debate on several fronts.
April 25 -
Unhedged and hedged variable-rate debt each account for 6% of the authority's $37.3 billion of bonds outstanding, according to Patrick McCoy.
April 25 -
His signature projects include financings for Yankee Stadium, Barclays Center and LaGuardia Airport. He is also a former New York MTA board member.
April 24 -
Components of the MTA's bus-overhaul initiative could pave the way for congestion pricing, which New York's state legislature essentially sidestepped this year.
April 24 -
The Connecticut Housing Finance Authority expects to finance 695 mortgages for first-time home buyers through its planned $118 million issuance of fixed-rate bonds.
April 23 -
With competing party-line legislative budgets, a rebuke of both by the governor and a worsening deficit projection, the state is careening toward more fiscal turmoil and further backlash from Wall Street.
April 23
