Despite rising 3% in 2019, DiNapoli expects bonuses to drop this year.
They asked for a combined $4.4 billion.
The mayor cited COVID-19 as a spending priority while cases in his city represent more than one-third of the nation's total.
Assured Guaranty and BAM, the two active muni bond insurers, released statements Monday saying they are prepared and able to manage impacts of COVID-19.
New York MTA and 10 other transit systems have cited the crippling effects of ridership drops due to COVID-19.
The funds will be in addition to the $160 million from the Emergency Reserve Fund that the board released March 12.
The economic dislocations brought by COVID-19 led Fitch Ratings to drop the Long Island county to BBB-plus.
Eric Holcomb said the state will consider using bond authority to move forward with capital projects that were to have been funded on a pay-go basis.
-
They asked for a combined $4.4 billion.
March 24
-
The mayor cited COVID-19 as a spending priority while cases in his city represent more than one-third of the nation's total.
March 24
-
Assured Guaranty and BAM, the two active muni bond insurers, released statements Monday saying they are prepared and able to manage impacts of COVID-19.
March 24
-
New York MTA and 10 other transit systems have cited the crippling effects of ridership drops due to COVID-19.
March 24
-
The funds will be in addition to the $160 million from the Emergency Reserve Fund that the board released March 12.
March 23
-
The economic dislocations brought by COVID-19 led Fitch Ratings to drop the Long Island county to BBB-plus.
March 23
-
Eric Holcomb said the state will consider using bond authority to move forward with capital projects that were to have been funded on a pay-go basis.
March 23
