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"Further declines could weaken New York's tax revenue from the securities industry and have repercussions for our state and city budgets," said New York State Comptroller Thomas DiNapoli.
October 12 -
The proposed spending plan includes the first chunk of money from the city's new casino, which will support underfunded police and fire pensions.
October 11 -
The Municipal Securities Rulemaking Board's FY 2024 budget represents a 4.8% increase over the prior fiscal year.
October 2 -
Ed Koch, the late mayor of New York, used to ask residents "How am I doin' ?" The Citizens Budget Commission plans to do that this fall with a survey.
September 29 -
The city ranks last among 32 U.S. cities in an index that tracks secondary market prices for general obligation bond debt.
September 21 -
The governor said the budget would needlessly wipe out a rainy-day fund.
September 15 -
Mayor Brandon Johnson is set to unveil a spending blueprint with new revenue proposals next month.
September 14 -
"In the coming weeks, we will be taking a much closer look at the challenges we face and how we will address those challenges reasonably and responsibly," said Mayor Brandon Johnson.
September 13 -
But a change in how foreign corporations are taxed brought down total revenue for the year.
September 11 -
"Coupling the costs of a national crisis that has fallen onto New York City with COVID funding that is running out and reduced revenue growth, our city's financial future may be at risk if we do not act," Mayor Eric Adams said.
September 11