New York

It's the largest federal transportation grant to date, said Sen. Chuck Schumer, D-N.Y.

The $107 billion adopted budget for fiscal 2024 maintains a near-record $8 billion in total reserves but doesn't increase them.

The new toll on vehicles entering large swathes of Manhattan will be a key part of the MTA's future capital plan.

"I got cut," he told The Bond Buyer. "I'm looking for a new job now."

"His key role in the financial rescue of New York City following its near-bankruptcy in 1975 set Dick on a nearly five-decade path making sure such an event would never happen again in the city and elsewhere," said William Glasgall of the Volcker Alliance.

What's the impact of hybrid work on the city's commercial office market and property tax revenues? It may be less than you think, according to Comptroller Brad Lander.

The IBO is a publicly funded city agency that provides nonpartisan information about the budget and economy but has no policymaking role.

City finance officials report that its recent $1.56 billion general obligation bond sale was more than six times oversubcribed.

Muni Pride has been rebranded from California Muni Pride to reflect its developing national focus.

Olson, a 20-year municipal bond veteran, replaces Marjorie Henning who retired at the end of April. In his new position, he will be in charge of the Bureau of Public Finance, which manages the city's borrowing for the comptroller.