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A $3.3 billion budget proposal from County Executive Laura Curran hinges on refinancing outstanding bonds through triple-A-rated Nassau Interim Finance Authority.
September 21 -
Family emotions, union pushback, fears of a new COVID-19 wave, cost drivers and data fluctuations are all at play as the city flip-flops on in-person education.
September 18 -
Fitch questions Buffalo, N.Y's revenue estimates and says the pandemic forced the city to use much of its reserves.
September 18 -
With Congress gridlocked over the coronavirus rescure package, the nation's largest trasit authority may have to look for other options.
September 16 -
The rating agency lowered the authority's transportation revenue bonds to A3 from A2, citing again the effects of the coronavirus.
September 11 -
Any bonding to cover coronavirus-related budget gaps should come only with oversight from a reactivated state panel, the Citizens Budget Commission said.
September 10 -
New York's law permitting municipalities to extend rollover periods on bond anticipation notes provides budget flexibility, but it's unclear how it will impact long-term debt.
September 8 -
The short-term Municipal Liquidity Facility does not meet the city's needs, the mayor said while repeating his call for borrowing authority from New York State.
September 3 -
Street space has become the new battlegrounds as municipalities, with fewer resources, look to reimagine themselves.
August 28 -
The New York City suburb achieved record low interest rates for a more than $40 million bond transaction following a credit upgrade that reflected its recent fiscal discipline.
August 27