Budget

Policy

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

Policy

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

Opinion

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

Policy

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

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

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 Policy

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

Politics

What to watch in the NYC budget fight

“We’ve still got six days to go. In budget negotiations, that’s a lifetime.”

Budget

Politics

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

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

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

Personality

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

Politics

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

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

Policy

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.

Transportation

Policy

Lawmakers hold dueling press conferences on congestion pricing

Some state legislators are concerned about how to fund the MTA, but others are just glad their constituents won’t have to pay more tolls.

Albany Agenda

Policy

Will the MTA board put the brakes on congestion pricing?

Four members of the MTA board have said that they disagree with Hochul’s decision to suspend congestion pricing, but Hochul seems likely to get her way.

Albany Agenda

Policy

State releases details of $239 billion budget

The Division of the Budget also projects a “structural deficit” that could reach $7.25 billion in three years.