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 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 -
Only weeks after Gov. Dannel Malloy signed a fiscal 2018 budget, the state has a new round of fiscal crises.
December 7 -
Regional Plan Association's far-reaching ideas for New York-area transit overhaul struck some nerves, and president Tom Wright welcomes the debate.
December 6 -
The agency keeps its AA-minus rating while calling the commonwealth less resilient.
December 6 -
The eight hopefuls still want to hold the state-run MTA more accountable.
December 4 -
Long perceived as clunky and stagnant, the Massachusetts Bay Transportation Authority is recrafting itself under control board oversight.
December 1 -
New York Mayor Bill de Blasio named Dean Fuleihan first deputy mayor and Melanie Hartzog as budget chief.
December 1 -
The Regional Plan Association recommends congestion pricing, infrastructure banks, public benefit corporations, a regional rail system and an end to 24-hour New York subway service.
November 30 -
According to underwriter HJ Sims, the deal will mark the largest fixed-rate bond issue for a life-plan community.
November 29 -
The Citizens Budget Commission says deficits could compromise Chairman Joseph Lhota's subway improvement plan.
November 28 -
Thomas Hamilton, Scott Jackson and Jay Nolan will join the nascent board that will intervene in and assist with municipal distress cases.
November 27
