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Authority Chairman Patrick Foye cited plummeting revenue as riders stay home because of COVID-19
March 17 -
"I think it's way too early to determine how we're going to adjust the budget," the mayor said.
March 17 -
The municipal finance industry is dealing with minute-by-minute news of state-wide school closures, shuttered restaurants, curfews and canceled events. New issues are increasingly being put on the day-to-day calendar.
March 16 -
The suspension of spectator sports removes two critical revenue streams for the venue in Brooklyn, according to Moody's Investors Service.
March 16 -
Thomas Bruder, Lauren Trialonas and Jennifer Cosper were named principals in the firm’s Public & Infrastructure Finance practice.
March 12 -
With a state budget deadline on the horizon, NY Gov. Andrew Cuomo is requesting revised revenue estimates that factor in the economic realities of fast-spreading virus.
March 12 -
Officials at the country's largest municipal healthcare system are tracking COVID-19 costs as they face headwinds from the state and federal governments.
March 11 -
Port Authority of New York and New Jersey Executive Director Rick Cotton plans to maintain day-to-day operations from home after a positive coronavirus test.
March 10 -
Chairman Patrick Foye says that the outbreak has no material effect for now, and the authority promises to continue timely disclosure.
March 10 -
S&P Global Ratings is postponing a March 31 forum on public housing bonds due to concerns about the outbreak of COVID-19.
March 9