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The handshake deal boosts reserves, funds a "fair fares" discount for low-income subway riders for one year and provides Fair Student Funding for city schools.
June 12 -
Branches in every borough struggle to stay open due to broken boilers, leaky roofs and other serious maintenance problems, said the Center for an Urban Future.
June 11 -
Two town officials also received civil penalties totaling $35,000 and were ordered to resign and be temporarily barred from employment with Ramapo, N.Y.
June 8 -
Funding questions and palace intrigue accompany Andy Byford's plan to modernize New York City's buses and subways.
June 8 -
The New York City Housing Development Corp. intends to issue up to $838 million in in multi-family housing revenue bonds and provide $321 million in additional financing for affordable developments.
June 8 -
The Government Finance Officers Association honored New York City Comptroller Scott Stringer for excellence in financial reporting.
June 7 -
Revised criteria for not-for-profit hospitals combined with insurance-related losses to result in a downgrade for New York State’s largest healthcare provider.
June 7 -
New York City’s regulatory and tax oversight of businesses is a balancing act between the desire to increase revenues and to improve human behaviors, according to an urban planning expert.
June 4 -
New York City Health + Hospitals chief Mitchell Katz must navigate fiscal and political land mines as he sets out to fix a notoriously troubled unit.
May 31 -
Mayor Bill de Blasio raised both the goal for contract awards to minority and women owned businesses and the amount the firms can borrow.
May 30 -
Scott Evans, chief investment officer of New York City’s $194 billion of pension funds, will step down at the end of the fiscal year June 29.
May 29 -
The county is receiving only a very small cut of the revenue it projected from the video gambling terminal deal.
May 29 -
Council members questioned whether the "historic" levels of reserves in the mayor's $89.1 billion executive budget are really enough.
May 25 -
Attendees at the NYC Comptroller’s MWBE University program were introduced to the Build NYC Resource Corp.'s bond program.
May 24 -
New York, New Jersey and Connecticut are the first states to have created charitable funds that taxpayers can contribute to in order to claim a charitable deduction in lieu of paying state and local taxes.
May 24 -
The IRS notice warns that federal law, not state law, controls how payments for federal income tax purposes are characterized.
May 23 -
Officials say the cost estimate for what New York City Transit president Andy Byford called "a full overhaul" is a work in progress.
May 23 -
The Long Island county named Frank Zarb to lead a task force aimed at tackling the county’s long-term budget challenges.
May 23 -
The investment bank attributed the exit of 15 from the public finance team to market conditions and a strategic review.
May 23 -
The privatization plan is in a holding pattern with new County Executive George Latimer calling for his own aviation blueprint.
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