New York

The New York mayor says he will seek federal funding for the $2.7 billion project.

City Budget Director Melanie Hartzog discusses the $89.16 billion fiscal 2019 budget, spending priorities, reserves and the dynamic between Mayor Bill de Blasio’s office and the City Council. Chip Barnett and Paul Burton host.

Wilshire Consulting said the aggregate funded ratio for U.S. state pension plans remained unchanged between and first and second quarters of 2018 at 70.8%, up 0.7 percentage points from the previous 12 months.

The ceasing of casino revenue sharing payments continues to hamper the credit conditions of Niagara Falls, N.Y., according to S&P Global Ratings.

DASNY finished the first half of 2018 as the nation’s second largest issuer with $3.2 billion in bonds sold.

The proposed Treasury rules would limit states' use of charitable deductions as workarounds for the $10,000 cap on the federal deduction for state and local taxes.

The New York State Thruway Authority is on the road to completing a decades-long reconstruction project for a heavily-traveled stretch of Interstate-95.

Mark O. Norell, a veteran tax-exempt bond lawyer has been named a partner in the firm’s public finance department in New York.

Northeast municipal bond issuance sank 11.7% in the first half of 2018 compared to a year earlier, reflecting a national trend driven by federal tax changes.

S&P last week downgraded the transportation authority, citing weak debt-service coverage.