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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Hartford's council authorized an agreement for the state to pay the city's debt over two decades while accepting state oversight.
March 27 -
The state, after multiple rating downgrades and facing budget strife, declining revenue and a pension funding dispute, plans a GO new-money and refunding sale.
March 23 -
While state lawmakers have approved limited use, notably for the city's housing authority, city officials want to use the method across the board.
March 22 -
Metropolitan Transportation Authority Joe Lhota defended the agency after a rating downgrade.
March 22 -
Climate Bonds Initiative of London cited the authority's $662 million green sale.
March 21 -
They say the city’s massive capital program needs right-sizing to solve a problem that goes back several administrations.
March 21 -
The authority is selling revenue variable rate refunding bonds.
March 20 -
Solvency for the beleaguered unit is a tall order for the new H+H chief, given myriad challenges from within and afar.
March 16 -
As the New York City Housing Authority crisis festers, streamlined project delivery could help speed up emergency repairs and fund other capital needs.
March 15 -
Ed Pawlowski, who resigned as Allentown's mayor after his conviction on 47 corruption charges, faces a June 27 sentencing date.
March 12 -
S&P Global Ratings said revenues are not increasing to match the New York regional transit agency's expenses.
March 12 -
Council Speaker Corey Johnson spelled out several conditions for such an increase to MTA Chairman Joe Lhota.
March 8 -
The declaration could expedite contracting for repairs at NYCHA units through limited city use of design-build project delivery.
March 8 -
While Gov. Dannel Malloy and lawmakers study recommendations from a state panel, Nuveen warned that the state’s bond rating could plummet further.
March 7 -
Mayor Ed Pawlowski has not resigned, as Pennsylvania Gov. Tom Wolf and others have requested.
March 7 -
The transaction will mark the university’s first new-money series for this credit in 16 years.
March 6 -
Enrollment pressures are manageable while pension costs should stabilize long-term, Fitch Ratings said.
March 6 -
Pittsburgh, whose bonds were junk in 2003, has become a national model for urban rejuvenation.
March 2 -
Diminished Washington aid and a pending downturn require prudence, the city's comptroller said.
March 1 -
“We’re getting our ass kicked," the Gov. Dannel Malloy said, pitching a widening of the state's most congested highway.
March 1
