New York

New revenue sources for operating and capital budgets are necessary for the transit authority to cover a widening outyear gap, CFO Robert Foran said.

The New York State Financial Control Board went into "sunset mode" for a 32nd straight year.

The county legislature unanimously approved $154 million of bonding projects.

Banker David Schott has joined Stern Brothers' New York office.

After nearly a decade with a junk bond rating, Rensselaer County's most populous town vaulted into investment-grade bond status Monday, the town announced.

The debt of New York’s MTA prompted board member David Jones to question whether the authority should have a debt cap.

Sterling National Bank has a new municipal group focused on an array of non-public financing services during a time when loans to bond issuers are on the decline.

The loss of the SALT deduction cost New Yorkers an additional $14.3 billion in 2018, state Attorney General Barbara Underwood told the Citizens Budget Commission.

Moody's upgraded the bonds issued to build the Mets' Citi Field while boosting its outlook for Yankee Stadium bonds.

A Civil War-era revenue measure is the centerpiece of the arguments in the lawsuit filed by four northeastern states.

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In 2016, the NYC Comptroller’s Office awarded more than 30% of underwriter contracts to MWBEs.

The San Francisco-based broker-dealer is expanding its offerings into taxables, coinciding with an increase in issuance in that space.

“Nassau County is in a fiscal crisis bordering on a fiscal emergency,” said the new Comptroller Jack Schnirman.

New York City’s Department of Finance continues to pay businesses that owe millions of dollars in past due taxes, according to an audit by Comptroller Scott Stringer.

Working under three elected comptrollers for 12 years, she was a stabilizing presence behind the scenes.

After years of underfunding and inattention, New York MTA is undertaking accessibility Initiatives that include the hiring of a dedicated executive, Alex Elegudin.

Tax accountants, financial advisors, private schools, and other organizations are advertising tax credits for donating to private K-12 voucher funds as ways to "sidestep," "bypass," "circumvent," or "mitigate" the impact of the federal SALT deduction cap, according to a survey.

Carol Kostik, the senior among eight deputies, has worked for three city comptrollers and managed the issuance of more than $110 billion of debt .

The public-housing authority's latest capital-needs assessment cited a $32 billion repair backlog.