Budgets

Lawmakers will vote next week on a relief package agreed to by the governor and legislative leadership.

Howard Cure of Evercore and Maria Doulis, formerly of the Citizens Budget Commission, explore New York City's fiscal variables amid the pandemic. Paul Burton hosts. (30 minutes). Recorded Jan. 26.

Uncertainties include state and federal aid levels, the effects of vaccine distribution and the MTA's finances.

Goldstone, who helped the city return to the bond markets after SEC sanctions, will help recently elected Mayor Todd Gloria get his administration rolling.

The city's newest budget forecast says revenues in the current fiscal year will fall short of projections by $86 million.

Police agreed to defer raises in exchange for $70 million in overtime for three years and no layoffs.

This year's pension debt volume could match that of 2020, which was the highest since the financial crisis year of 2008, industry leaders say.

Over half of the $4.3 billion rise in the $96.6 billion budget proposal is related to costs associated with the COVID-19 pandemic.

Oregon Gov. Kate Brown championed aspects of her proposed budget that would move the needle on racial and income equality in the state.

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.

Former state Treasurer Jay Rising will take the helm of Detroit's finances next week, replacing Dave Massaron.

Hempstead, N.Y., Supervisor Donald X. Clavin Jr., talks about the town’s receipt of $133 million of CARES Act federal funding and the subsequent credit rating upgrade by Moody’s during the COVID-19 pandemic. He speaks about how the town’s conservative budgeting helps bolster its financial position during tough economic times. Andrew Coen hosts (24 minutes).

The South Carolina Jobs-Economic Development Authority’s RecoverSC program has up to $100 million in total bonding authority.

Budget watchdogs and others say the city must do more than just muddle through.

Moody's says the coronvirus' economic impact adds to fiscal pressures on several of the state's cities dependent on oil and gas revenue

Chicago Public Schools will get more than it budgeted for from the federal emergency relief bill; the Illinois Regional Transportation Authority got a bit less.

New York State fiscal control board asks Long Island county to create contingency plan for confronting future deficits as a requirement for its new $3.3 billion budget.

Moody’s Investors Service upgraded America's largest township one notch to Aa1 from Aa2 citing strong reserve levels during the COVID-19 pandemic bolstered by federal aid.

The Legislature approved $800 million for the state's emergency fund.

City officials say the continuation of enhanced taxing authority from Pennsylvania will help it refinance debt and avoid another fiscal cliff.