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The IBO is a publicly funded city agency that provides nonpartisan information about the budget and economy but has no policymaking role.
June 15 -
"We are seeing strength in the securities, transportation and warehousing and office sectors," New York State Comptroller Thomas DiNapoli said "but retail, restaurants, construction and tourism continue to lag the national recovery."
May 12 -
The Municipal Forum of New York presented awards to four people at its annual fund-raising dinner in Manhattan on May 3. Money raised at the dinner is used to support the Urban Leadership Fellows internship program to support high school seniors heading to college.
May 8 -
While fiscal 2023 and 2024 budgets remain balanced, outyear gaps increase to $4.2 billion, $6.0 billion and $7.0 billion in fiscal 2025 through 2027, respectively.
April 28 -
Almost a month late, the New York Senate and Assembly are expected to soon pass the $229 billion fiscal 2024 budget.
April 28 -
Proceeds will be used to refund some bonds that had been issued to finance or refinance eligible clean water and drinking water projects in the state.
April 21 -
"I think there is a certain amount of anxiety for New York — and many other states — as federal pandemic funds run out and questions about the potential for a recession emerge," said Evercore's Howard Cure.
April 14 -
The New York Fed said the tech sector's employment contraction impact on the New York City economy was unlikely to be significant.
April 13 -
Comptroller Thomas DiNapoli noted state law requires salary payments to legislators be withheld after March 31 if a budget is not in place.
March 31 -
"If banks become even more reluctant to make new loans, the likelihood of a recession grows," says New York City Comptroller Brad Lander.
March 24