The financially troubled Burlington Telecom has reached a settlement with Citibank that will allow it to keep its equipment, for now.

The Burlington political landscape has been racked by controversy and contention as the mayoral race is beginning to get crowded, Vermont community libraries were impacted by flooding from Irene and the hospital budgeting process concludes.

Vermont Attorney General Bill Sorrell doesn't like the way Burlington city officials handled the finances of Burlington Telcom, but he says he won't intervene in a prosecutor's decision not to press criminal charges.

Federal prosecutors say they won't file any criminal charges over financial problems at a municipally-owned telecom in Vermont.

A former Chittenden County state's attorney will be a special prosecutor in the investigation of Burlington Telecom.

Burlington's mayor says a state audit that was sharply critical of Burlington Telecom lacks credibility and has numerous omissions.

An audit of Burlington Telecom says the city-owned phone, cable TV and Internet venture ignored state-imposed rules designed to protect taxpayers from risk.

A new audit says Burlington Telecom is losing money and may not survive as a viable business.

Financially troubled Burlington Telecom hopes to find new investors in order to remain in business. But first the telecommunications network has to figure out how to return equipment - including 186 miles of fiber optic cable - to its lenders.

Burlington Telecom officials will appear today before the Vermont Public Service Board to answer questions about how the municipal utility will go forward now that its major creditor says it plans to repossess its equipment.

The mayor of Vermont's largest city says he thinks its municipal phone, Internet and cable TV service will get past its current troubles and be a key asset to the city in the future.

Burlington Telecom has failed in its months-long attempt to renegotiate a lease that provides the equipment that is the cornerstone of the utility's infrastructure. But Mayor Bob Kiss says the city is exploring a purchase of the equipment outright and says the terms of that purchase could be more favorable than the previous lease.

Burlington Mayor Bob Kiss discusses the future of Burlington Telecom, the city-owned utility that broke its equipment lease this month due to inability to make payments.

Burlington Telecom is a publicly-owned cable, Internet and phone utility that's significantly in debt, and some city residents are worried they're going to wind up paying. But Mayor Bob Kiss says he's confident the company can be saved. 

Burlington Mayor Bob Kiss talks with Jane Lindholm about instant runoff voting, the financial managment of Burlington Telecom and the plan to redevelop the northern end of Waterfront Park.

Burlington Mayor Bob Kiss discusses the repeal of Instant Runoff voting, the financial status of Burlington Telecom, and takes your questions. Also, a new biography of Dartmouth alumnus Theodor Geisel, better known as Dr. Seuss.

Two top Burlington officials say the city is planning to notify a Burlington Telecom lender that the city won't be making a $380,000 interest payment on its loan.

A panel formed to examine the viability and financial structure of Burlington Telecom will hold its first meeting Monday.

The Burlington City Council is due to vote on whether to release legal documents between attorneys working for the city about a $17 million loan to Burlington Telecom.

Burlington resident and avid internet user Rich Nadworney has been following the Burlington Telecom issue and is hopeful something good may emerge from the controversy.