New York

New York State's $500 million automatic tolling initiative at Metropolitan Transportation Authority-operated bridges and tunnels is moving full speed ahead with a planned completion date set for the end of 2017, Gov. Andrew Cuomo announced Wednesday.

SEC sues, U.S. Attorney indicts former official of New York State Common Retirement Fund and two brokers over pay-to-play scheme.

New York City projects a $439 million surplus in fiscal 2017, according to state Comptroller Thomas DiNapoli.

State school funding distribution changes proposed by a New York City-focused independent budget watchdog would boost revenue to the city's schools.

Elected officials from New York called on the Federal Transit Administration to fund the $6 billion second phase of the Second Avenue subway.

Risks to New York's budget could trigger outyear gaps exceeding $3 billion in fiscal 2018 through 2020, said city Comptroller Scott Stringer.

NYC Pension Funds See Positive Q3 Results

The New York City Council’s Finance Committee held a public hearing Wednesday at City Hall to hear comments on a proposal to expand the DUMBO Business Improvement District. The legislation would expand the current boundaries of the DUMBO BID (Down Under the Manhattan Bridge Overpass) and increase its annual expenditures.

Fiscal management will be critical for New York City amid uncertainty in Washington, Mayor Bill de Blasio's budget chief, Dean Fuleihan, told City Council members.

New York City’s cost to house homeless people in hotels has jumped more than sevenfold over the past year.