Budgets

New York City has seen debt service savings in excess of $2 billion since 2014, but that the city must find more opportunities to cut costs, says Comptroller Scott Stringer.

Maria Doulis of the Citizens Budget Commission and Howard Cure of Evercore Wealth Management examine how the state's Medicare cost crisis could affect the city's budget. They also discuss the MTA, public housing and property tax overhaul. Paul Burton hosts.

Drawing the distinction between the region and the city helps the city provide better revenue projections going forward.

If House Bill 653 passes, Fitch Ratings says any rating impact would be felt by local governments that receive transfers, rather than by the utilities.

House Bill 653 would prohibit a municipal electric utility from using its revenues to finance general governmental functions.

Fitch Ratings raised the Las Vegas suburb to BBB-minus from BB, with a stable outlook.

A special commission issued a series of recommendations to simplify a system that provides the city one-third of its revenue. Albany, though, must sign off.

The consulting firm will perform a comprehensive review of the city’s financial position, Mayor Justin Elicker said.

New York Gov. Andrew Cuomo is seeking state dollars to assist the cash-strapped Rochester City School District.

Irvine, Fresno and Stockton were among only 12 of the 75 largest U.S. cities that are on top of their financial obligations, according to a think tank's report.

State cuts to Medicaid reimbursement could cost New York City up to $1.1 billion.

The city, only recently released from state oversight, is facing more fiscal challenges.

As officials sift through Andrew Cuomo's plan to curb Medicaid costs, City Hall insists that the governor's spending-control emphasis is a de facto slash.

The high-demand market environment boosted Philadelphia’s first general obligation bond deal of 2020.

New York City Council member Daniel Dromm and Citizens Budget Commission president Andrew Rein explore the effects of looming state Medicaid cuts on the city's $95.3 billion preliminary budget. Paul Burton hosts from City Hall.

Chicago’s $1.5 billion sale of general obligation refunding bonds and Sales Tax Securitization Corp. debt generated $310 million of budget savings.

Mayor praised for restraint ahead of uncertainty about possible big cuts to city services by Albany.

NYC OMB Director Melanie Hartzog speaks about budget reserves.

NYC Council Finance Chair Daniel Dromm talks to Paul Burton on the budget process.

New York City Mayor Bill de Blasio unveils his preliminary fiscal 2021 budget.