City of New York, NY

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.

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.

Funding questions and palace intrigue accompany Andy Byford's plan to modernize New York City's buses and subways.

New York City's surplus for Fiscal 2018 will be used to help balance the Fiscal 2019 budget.

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.

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.

Mayor Bill de Blasio raised both the goal for contract awards to minority and women owned businesses and the amount the firms can borrow.

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.

Council members questioned whether the "historic" levels of reserves in the mayor's $89.1 billion executive budget are really enough.

Attendees at the NYC Comptroller’s MWBE University program were introduced to the Build NYC Resource Corp.'s bond program.

Cities coping with phenomena like climate change and cybersecurity are empowering themselves through data mining and other smart technologies.

State authorization for design-build use on a Brooklyn-Queens Expressway work is a door-opener, New York City transportation Commissioner Polly Trottenberg said.

The plan could hinder city operations and provide Washington further motivation to cut funding, Vito Mustaciuolo told City Council members.

The Independent Budget Office said state mandates are putting a burden on New York City finances.

If New York State legalizes marijuana, New York City could see as much as $336 million annually in new tax revenue.

The City Council urged greater transparency and an end to "frontloading" in its response to Mayor Bill de Blasio’s $89.06 billion fiscal 2019 executive budget.

The quarterly update showed growth slowed from 3.4% amid declining commercial leasing activity, and sluggish private sector job growth.

Decking over a portion of the 180-acre rail site in Queens could trigger new investments in parks, schools and housing, according to a city study.

NYC Ferry's ridership is expected to surge to about 9 million a year.

Munis were stronger Monday as bond buyers kept an eye on the Federal Reserve policy makers' meeting.