New York City

Politics

DiNapoli to NYC: Don’t borrow to cover day-to-day costs

Without loans or money from the feds, de Blasio says the city will face steep cuts.

New York City

Politics

Rich to NYC: Drop dead

While the city approaches a fiscal cliff, the most powerful New Yorkers complain about possible tax hikes.

Andrew Cuomo

Politics

The drama of waiting for Cuomo

The storyline of fixing the state’s budget deficit remains as unresolved as ever.

Budget

Policy

Why upstate cities are in extreme financial peril

Rochester, Buffalo and Syracuse are likely to face some of the worst revenue shortfalls among major cities in the country.

NYPD

Politics

Did de Blasio actually defund the NYPD?

The mayor and the City Council did some fuzzy math to arrive at $1B in cuts.

New York City

Politics

The sticking points as the New York City budget deadline nears

The New York City budget for fiscal year 2021 is due before midnight on Wednesday, July 1, but Mayor Bill de Blasio and the New York City Council have yet to reach an agreement. Here's why.

Budget

Policy

A new pot of pot revenue unlikely to save the state budget

Legalizing recreational marijuana is unlikely this year, and wouldn’t provide immediate fiscal relief.

New York City

Politics

New York City is looking at these areas for budget cuts

Education is the big one, but the economic fallout from the coronavirus will impact the budget in many other ways.

Budget

Politics

Cuomo warns of $8.2 billion in cuts to localities

Gov. Andrew Cuomo plans to slash aid to localities by $8.2 billion and cut state agency budgets by 10% unless new federal aid comes through in the coming weeks

New York State

Politics

11 issues the state Legislature could still take up this year

Although the legislative session is in limbo, here’s what state lawmakers want to address.

Budget

Politics

State budget cuts funding to NYC, but details are up in the air

The state budget cuts $138 million from New York City’s public hospitals, leaves the city without an increase in education funding for the first time in years, and mandates that the city contribute $3 billion to the state-run Metropolitan Transportation Authority. And the leaders of city government have been uncharacteristically quiet about it.

Budget

Policy

Medicaid cuts make the state budget, with some tweaks

To protect New York’s access to federal aid, those cuts could be delayed.

New York State

Politics

Where things landed in the New York state budget

A lot is at stake with bail reform, public school funding, Medicaid and other key issues.