New York

As New York MTA faces another stretch of uncertainty, a faction within its board is calling for reduced fare for lower-income riders.

Nassau County lawmakers proceeded Monday with amendments to a $2.9 billion budget that faces opposition from the county's fiscal control board.

The New York City Municipal Water Finance Authority intends to sell $400 million of bonds on Nov. 30, after a one-day retail period.

New York City Mayor Bill de Blasio responded to the economic and financial uncertainty that followed Donald Trump’s victory in the presidential election with a budget update that showcases caution and fiscal responsibility.

Mastic Beach, N.Y. residents voted Wednesday to dissolve their village government, a credit positive development for the struggling Long Island municipality, according to Moody’s Investors Service.

The New York State Thruway Authority is expected to face fiscal challenges with its current revenue structure and must implement a long-term capital plan to cover important infrastructure needs, according to a new audit released by State Comptroller Thomas DiNapoli.

New York Mayor Bill de Blasio signed legislation authorizing the creation of the Greater JFK Business Improvement District.

Mayor Bill de Blasio warned President-elect Donald Trump not to repeal the Dodd-Frank Act and promised to push back on other matters affecting New York.

Continued biennial toll and fare increases, and further savings are essential for the finances of New York’s MTA, its chief financial officer told the board.

Buffalo, N.Y. has been upgraded one notch to AA-minus by Fitch Ratings, the highest level New York’s second largest city has achieved since a near bankruptcy brought it close to junk level a decade ago.