Budgets

Mayor Bill de Blasio's budget proposal drew criticism Thursday from the New York City Council and a budget watchdog for doing too little to gird against possible funding cuts under the Trump administration.

New York's mayor says state inaction costs the city $450 million and delays critical infrastructure.

Illinois public university presidents sounded alarms about the historic state budget impasse.

New York's mayor says the fiscal climate is "plagued with uncertainty."

Florida Gov. Rick Scott asked Ben Watkins to help convince the Legislature that tourism funding supports state and local ratings.

New York tax collections were down $300.1 million for fiscal 2017.

Philadelphia’s yearly real estate tax revenues are up $92 million from four years ago, according to City Controller Alan Butkovitz.

New York Mayor Bill de Blasio plans to spend $100 million to fill in one of the last gaps in the Manhattan Waterfront Greenway, a pedestrian promenade and bicycling path around the island.

A new state budget is headed to Indiana Gov. Eric Holcomb's desk.

New Jersey school districts face fiscal pressures from Gov. Chris Christie’s proposed New Jersey budget, according to S&P Global Ratings.

Aiding homeless people and improving transportation are priorities for L.A. Mayor Eric Garcetti.

Puerto Rico got positive revenue and economic news for March.

Virginia’s budget imbalance stemming from soft revenue growth and spending down its savings led S&P Global Ratings to revise the outlook to negative on the state’s AAA general obligation rating.

Atlantic City’s new proposed structurally balanced budget is a credit positive for the junk-rated city, according to Moody’s Investors Service.

Oregon implemented a state government hiring freeze.

The rating pains of Illinois' public universities took a turn for the worse.

A conference in Chicago weighs lessons from Detroit's bankruptcy.

Atlantic City’s proposed fiscal 2017 budget, with $35.3 million in cuts, is a step in the right direction for the distressed gambling hub, according to S&P Global Ratings.

Local leaders fight for CDBG program during conference call

Seven Illinois public universities with more than $2 billion in rated debt face a rating review.