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Negative outlooks trigger questions about other reeling areas in the capital markets crosshairs.
April 2 -
The Citizens Budget Commission is calling for far larger cost cutting and predicts that New York City could see $20 billion of lost revenues over three fiscal years.
March 25 -
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 -
The comptroller called for passage of a federal rescue bill and measures to shore up the city budget.
March 23 -
"I think it's way too early to determine how we're going to adjust the budget," the mayor said.
March 17 -
The comptroller, citing projected losses in entertainment and tourism while the city is virtually closed, called for a savings target of 4% of tax levy-funded agency spending.
March 16 -
How severe a financial hit New York City will take during the COVID-19 pandemic is as much of an unknown as the degree of virus spread.
March 13 -
Chairman Patrick Foye says that the outbreak has no material effect for now, and the authority promises to continue timely disclosure.
March 10 -
Looming state budget cuts combined with the COVID-19 threat could have a negative impact on NYC's economy.
March 3 -
A special commission issued a series of recommendations to simplify a system that provides the city one-third of its revenue. Albany, though, must sign off.
January 31