City of New York, NY

The City Council unanimously to extend the deadline for the filing of the mayor’s preliminary Fiscal 2019 budget by two weeks to Feb. 1 as city officials digested state budget plans announced Tuesday.

Mayor Bill de Blasio envisions a tobacco-type groundswell in the fight against fossil-fuel companies while skeptics differ.

New York City Councilmember Daniel Dromm will take over as Chair of the finance committee, assuming a key role in budget negotiations with the mayor’s office.

Avi Fink, who had been the mayor's deputy chief of staff, will help manage the city's $86 billion expense budget and $16 billion capital budget for 2018.

New York City would be the first major U.S. public pension to divest from fossil fuel businesses.

The municipal bond market was quiet Monday as traders waited for this week’s new issue sales to get underway with competitive deals on Tuesday from Massachusetts and Fairfax County, Va.

The municipal bond market on Monday is patiently waiting for this week’s new issue sales to get underway with competitive sales on Tuesday from Massachusetts and Fairfax County, Va.

The par value of muni underwriting fell for the top five firms as volume receded from the 2016 record.

The municipal bond market is looking ahead to next week’s $3.3 billion new issue slate which is dominated by GO sales from Massachusetts and taxable negotiated deals.

While dodging the actual phrase, Gov. Andrew Cuomo suggested now is the time to seriously consider a tolling plan to fund subway and street repair in New York City.

After a week that saw few deals come to market, municipal bond traders will see the calendar perk up a bit next week as several issues of size are set to hit the screens.

New York City’s newly elected officials outlined a progressive agenda topped by vows to tackle the housing affordability crisis.

The sectors creating the most jobs have relatively low wages and the city’s poverty rate remains high, said the Citizens Budget Commission.

The embattled authority’s physical needs assessment will probably exceed $25 billion, says the watchdog Citizens Budget Commission.

Jacqueline Thompson has worked for the New York City comptroller's office since 2000.

The changing federal landscape will trigger tax and revenue revisions and New York's growth may be insufficient to weather downturns, two reports said.

Urban planners argue for the unlocking of public assets through an asset trust, an idea largely untested in the U.S.

Variables range from the effect of the federal tax bill on advance bond refundings to external support for a subway improvement plan.

Municipal issuers continue to race to market with deals before the calendar turns over, as the tax bill may limit issuance in 2018.

The municipal bond market will see a second week of chunky new issuance, with almost $20 billion of new deals lining up for sale.