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The Investment Company Institute reported investors pulled $4.590 billion from muni bond mutual funds in the week ending June 22, down from $6.243 billion of outflows in the previous week.
June 29 -
The final budget sets aside about $8.3 billion in budget reserves, which bring them to the highest level in the city's history.
June 10 -
The recommendation would build reserves toward a target of 16% of tax revenues in order to prevent drastic service cuts during a recession.
May 23 -
Improving tax revenues allowed the mayor to increase the size of his spending proposal while keeping the budget balanced.
April 29 -
The Investment Company Institute on Wednesday reported another round of large outflows, this week at $3.502 billion, up from $2.647 billion of outflows in the previous week.
March 9 -
The City Council on Wednesday began the first of a series of hearings on Mayor Eric Adams' $98.5 billion preliminary fiscal 2023 budget.
March 4 -
Refinitiv Lipper reported $238.926 million of outflows, but $182.035 million of inflows to high-yield, reversing last week's outflows. New-issues faced concessions.
January 20 -
The largest deal of the week comes from the New York City Transitional Finance Authority with $950 million of exempts and $250 million of taxables.
January 14 -
Mayor Eric Adams’s proposal to ask the state to raise the Transitional Finance Authority’s bonding authority by $19 billion is being opposed by Comptroller Brad Lander.
January 13 -
Marjorie Henning was named deputy comptroller for public finance and Michael Haddad is interim chief investment officer and deputy comptroller for asset management.
January 3