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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Democrat Scott Stringer earned a second term by trouncing Republican Michel Faulkner.
November 8 -
Amid East Coast transit systems' overcrowding and strained capital budgets, advocates tout ferries as low-cost alternatives.
November 3 -
A commission would examine transferring capital assets to a trust and building asset values to benefit pension plans.
November 3 -
Nine states, including Texas and Virginia, received the lowest D-minus grade from the Volcker Alliance for handling retirement costs.
November 2 -
Moody's cited the city's reliance on nonrecurring revenues.
November 2 -
Funding shortfalls, delayed expansion projects, and gridlock threaten the viability of the Amazon bids, according to the Tri-State Transportation Campaign.
November 1 -
The governor's action ends a five-month impasse over the biennial spending plan, though work remains at the state capitol.
November 1 -
This marks the 37th straight year the city is in the black, said the city's comptroller.
October 31 -
The Pennsylvania governor could borrow against tobacco revenues or against profits from the state-run liquor system.
October 31 -
The $145 million initiative is intended to fortify the Rockaway Peninsula.
October 30 -
Joe Torsella cited the legislature's approval of a revenue package to balance the fiscal 2018 budget.
October 27 -
State-related and other schools are taking a good, hard look at their business models.
October 27 -
Legislative leaders say the move will plug a $2.2 billion budget shortage and end a nearly five-month budget impasse.
October 26 -
The city has amassed more than $95 billion in other post-employment obligations without any credible plan to pay it off, the report says.
October 26 -
The House and Senate actions place the ball in the court of Gov. Dannel Malloy, who was sidelined during the negotiations.
October 26 -
The state Senate could bring the spending plan up for a vote that could help end a nearly five-month impasse.
October 25 -
The new system would feature enhanced technology and integrate across all the authority's subway, bus and commuter rail units.
October 24 -
The petition calls the $1.25 billion budget-balancing move unconstitutional.
October 24 -
Treasurer Denise Nappier called for sound bond-cap provisions, full funding of ARCs and adherence to a 2008 pension bond covenant.
October 23 -
Few details have emerged yet about a tentative state budget deal that might help the capital city dodge bankruptcy.
October 20
