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 court upheld a county ruling that taxation limits under a state law eclipse the city's home-rule charter.
January 5 -
The Democrat and former Hartford city treasurer said Wednesday her administration “restored integrity and public confidence in the office of state treasurer."
January 3 -
The state issued the notes in 2009 to cover operating expenses when its rainy-day fund was depleted.
January 3 -
The sectors creating the most jobs have relatively low wages and the city’s poverty rate remains high, said the Citizens Budget Commission.
January 3 -
The state faces a $60 million hole in the current fiscal year and more than $200 million for fiscal 2019.
December 29 -
The Connecticut governor cited recent changes to the state employee pension system as a parallel.
December 28 -
The embattled authority’s physical needs assessment will probably exceed $25 billion, says the watchdog Citizens Budget Commission.
December 22 -
The first $100 million installment will enable the MBTA to proceed with a mandated project.
December 22 -
Jacqueline Thompson has worked for the New York City comptroller's office since 2000.
December 22 -
Skeptics question whether the MTA can deliver on time and on budget after it fumbled other big projects.
December 21 -
The changing federal landscape will trigger tax and revenue revisions and New York's growth may be insufficient to weather downturns, two reports said.
December 20 -
A limited tax base and heavy legacy obligations have hamstrung the city, according to the rating agency.
December 18 -
Urban planners argue for the unlocking of public assets through an asset trust, an idea largely untested in the U.S.
December 15 -
The panel recommended issuing $500 million general obligation bonds for public school construction and repair over 10 years.
December 15 -
The rating agency will continue to monitor financial developments in Connecticut's capital city.
December 15 -
Municipal bonds have traditionally received short shrift in college finance courses.
December 14 -
The authority, which runs New York City's subways and buses, faces uncertainty about external funding and its bonding options.
December 13 -
Variables range from the effect of the federal tax bill on advance bond refundings to external support for a subway improvement plan.
December 12 -
Seth Magaziner said the session with Moody's, Fitch and S&P representatives enhanced transparency.
December 12 -
Alternative strategies include general obligation borrowing to offset limited bonding capacity in the special transportation fund.
December 11
