Budgets

New York's incoming mayor must balance some short-term fiscal advantages with longer-term concerns.

Even short government shutdowns create uncertainty and risks for city leaders.

While the outgoing New York mayor's final plan showed some bright spots, enough remains to test Eric Adams when he takes office.

The two are in sync, said New York City's incoming comptroller, who will take office Jan. 1.

With less defined mechanisms than other cities, a report says, the incoming mayor has an opportunity to shape the city's reserve policy.

The county said the increase in shipping volume at the port didn’t cause any congestion for boats or delays in product shipments.

Chuck Stavitski and Elaine Brennan of Roosevelt & Cross and Ken Bieger of the Niagara Falls Bridge Commission talk about how the Canadian border closing due to COVID-19 affected upstate New York issuers. Chip Barnett hosts. (16 minutes)

The city’s timing is good as long as market demand for municipals, especially higher yielding paper, stays on track, municipal bond investors say.

Its deep water and access to dollars position it well, a climate expert said.

If commuters continue to work from home more often than in the office, their normal spending patterns on things like coffee and lunch will shift and impact business districts, neighborhoods and ultimately tax revenues.