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While reducing the FY21 spending plan to $87 billion, New York's mayor said he needs $1 billion in labor concessions or the city could lay off up to 22,000 workers.
June 25 -
The deadline to pass the city's fiscal 2021 spending plan is two weeks away and it faces a $9 billion gap.
June 16 -
The New York mayor's move reflects a nationwide response to protesters in the aftermath of the death of George Floyd.
June 9 -
State leaders are reluctant to grant New York City more bond capability, and other city leaders want Bill de Blasio to further reduce his proposed spending plan.
June 1 -
With the latest federal rescue package stalled, New York's mayor has asked state lawmakers to authorize an additional $7 billion in bonding.
May 27 -
The board, a vestige from the 1970s fiscal crisis, is a lingering motive for the city to approve a balanced budget.
May 22 -
Magalie Austin takes over from Jonnell Doris, who was named commissioner for Small Business Services.
May 19 -
Mayor warns about a worsening budget picture amid possible roadblocks to further federal aid and more dire projections from watchdog IBO.
May 18 -
In the wake of the COVID-19 pandemic, the city's budget shrinks by $6 billion.
April 17 -
New York's mayor announced sharp cuts, a draw on reserves and a call for further assistance from Washington.
April 16