Budget
Upstate
Upstate mayors rattle tin cups for increased state aid
The mayors of Buffalo, Yonkers, Syracuse, Rochester and Albany want a permanent increase in the state budget’s Aid and Incentives to Municipalities funding.
Budget
Hochul’s FY 2026 budget, by the numbers
The governor proposed a record-high executive budget that includes funding for her affordability agenda
Budget
Hochul’s budget to extend millionaire’s tax, but leaves MTA funding question open
The governor is set to propose a $252 billion state budget as she pushes an affordability agenda
Budget
Eric Adams unveils $114.6 billion FY 26 preliminary budget with optimism
Kicking off a season of negotiation with the City Council, the New York City mayor said the city’s economy is strong.
Budget
New York City’s November budget update – by the numbers
The city’s in better fiscal shape than expected, and that means more spending.
MTA
For Janno Lieber, congestion pricing isn’t dead
The self-described “patron saint of challenging projects” is trying to keep the MTA from moving backward – without straying from his boss.
Editor's Note
Editor’s Note: Accessibility improvements hinge on congestion pricing’s return, for now
Hochul only “paused” the controversial tolling program that could fund much needed improvements, including new elevator installations to meet ADA requirements.
New York City
Nearly united NYC Council votes 46 to 3 to approve FY 2025 budget
The three dissenters, all democratic socialists, blamed the mayor for budget mismanagement.
Policy
Adams and Adams shake on $112.4 billion FY 25 budget that reverses some deeply unpopular cuts
“Adams and Adams United is here to say we have a deal,” Mayor Eric Adams announced on Friday.
Policy
NYC budget expected to include $2 billion for affordable housing. Here are the details.
The funds will go toward building, preserving and renovating housing for low-income New Yorkers.
Budget
Exclusive
Report: Eric Adams’ administration is ‘unreasonably pessimistic’ in budget projections
The Fiscal Policy Institute found that recent projections have increasingly diverged from the city’s actual fiscal reality.
Budget
What to watch in the NYC budget fight
“We’ve still got six days to go. In budget negotiations, that’s a lifetime.”
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Budget
State lawmakers jump into NYC budget fight
Roughly 20 state lawmakers called on the Adams administration to prioritize affordability ahead of looming city budget deadline.
Policy
Do the feds owe the state Department of Labor $44 million?
An audit by the state Comptroller’s Office found that the state Department of Labor is entitled to $44 million in federal reimbursements, but the department claims it cannot apply for the money.
Opinion
Opinion: Don’t forget about the city’s capital budget
Democratic socialists in office are calling for an infrastructure of care in the city’s capital budget.
Interviews & Profiles
New York City’s plan to invest millions in LGBTQ+ services
During Pride Month, Chief Equity Officer Sideya Sherman talked about NYC Unity Project, the Family Acceptance Program and budget challenges facing HIV services.
Transportation
Lander says he’s ready to take legal action to save congestion pricing
At a rally with transportation advocates, the comptroller said he was confident impacted groups, such as New Yorkers with disabilities, have legal standing to sue.
Policy
MTA confirms congestion pricing won’t go into effect on June 30
Lawmakers have not found an alternative source of funding for the MTA, and the agency said it will have to cut programs if the governor doesn’t let congestion pricing go into effect.
Albany Agenda
Hochul’s IOU plan for the MTA may be DOA
Gov. Kathy Hochul wants the state Legislature to pass a bill providing the MTA with an IOU in lieu of congestion pricing revenue, but many lawmakers and advocates oppose it.
