State of New York

Maria Doulis, named deputy comptroller, was vice president at the watchdog Citizens Budget Commission while Todd Scheuermann, assistant comptroller in the Division of Budget and Policy Analysis, had been secretary to Senate finance committee.

Lee Igel of New York University's Tisch Institute for Global Sport explores what's behind the mad scramble among states to legalize sports betting. Paul Burton hosts. (15 minutes)

Rising state-supported debt and sidestepping best practices alarm the comptroller.

Nicole Gelinas of the Manhattan Institute explores New York MTA's structural deficits, a capital program on hold and federal rescue needs while ridership has cratered during the pandemic. Paul Burton and Andrew Coen host (21 minutes). Recorded Jan. 4.

Gov. Andrew Cuomo and New York’s legislature may agree on the concept of online sports betting, but a fight lurks over the winners and losers of implementation.

Skeptics ask whether New York's governor is overplaying the Washington hand and how the state can improve its own lot.

The New York mayor rolled out his $92.3 billion preliminary spending plan with warnings about federal and state variables, more pronounced amid the COVID-19 crisis.

In their state of the state addresses, the two governors discussed bringing in more revenues.

The tentative schedule includes $2.3 billion of new money and $4.6 billion of refundings and reofferings, state Comptroller Thomas DiNapoli said.

Its $17 billion operating plan projects $4.5 billion in Washington assistance next year while sidestepping — for now — doomsday service cuts and layoffs.

New York State's short-term revenue losses, resulting from coronavirus shutdowns, won't curb enthusiam for the Empire State Development Corp.'s offering, according to market sources.

The state's largest authority pulled off a $1.23 billion issuance that included its inaugural green bonds, and it did so during the height of the coronavirus pandemic.

The Empire State's general obligation bonds revised to negative from stable by rating agency due to heightened budget risks.

Predictably, the rating agency cited COVID-19 effects in its downgrade to AA-minus from AA.

Although November posted the lowest monthly volume total this year, issuance has already exceeded 2019's total and is on track to set a new yearly record in 2020.

New York's mayor says the budget for the 2021 fiscal year is balanced despite the coronavirus impacts.

MTA officials revealed dark budget-and-service cut scenarios and Mayor Bill de Blasio closed in-person public schools, actions likely to ripple through the city's economy.

Comptroller Stringer said Mayor de Blasio can present his updated Financial Plan with a path to a balanced budget for fiscal 2022 without cuts to essential services, layoffs of city workers, or borrowing to support operating expenses.

Neal Zuckerman, a New York MTA board member, tells The Bond Buyer's Paul Burton how takeaways from that era relate to today's transit funding crisis. "History doesn't repeat itself, but it rhymes." (24 minutes). Recorded Oct. 30.

The comptroller said the Taxi Workers Alliance proposal puts a floor under loan losses by guaranteeing city purchase of any defaulted medallions.