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The Port Authority of New York and New Jersey is proposing a scaled down 2021 budget that includes additional borrowing for its capital program.
December 15 -
City Council-approved residential construction tax and changes to a property tax abatement program paves the way for a borrowing plan that would aid the city’s poorest communities.
December 11 -
The outlook revision to New York's AA GO bond rating marks the latest hit to a city coping with a rise in COVID-19 cases and financial uncertainties.
December 8 -
City Administrative Officer Richard Llewellyn recommended laying off nearly 1,000 police officers in a 144-page budget report.
December 7 -
Uncertainties loom as Mayor Bill de Blasio’s budget team scrambles to craft the balanced fiscal 2022 spending plan he must reveal by late January.
December 4 -
Moody's downgraded Wisconsin's largest city by one notch due to budgetary pressures.
December 3 -
West Covina faces shrinking reserves and growing liabilities. Its mayor responds that it is working on solutions, but the pandemic challenges its efforts.
December 3 -
The Pine Tree State is positioned to withstand revenue uncertainties stemming from the COVID-19 pandemic thanks to healthy reserves, according to analysts.
December 1 -
The budget cleared the Chicago City Council Tuesday. Rating agency and buy side reviews on the final plan will come next.
November 25 -
The budget closes a $400 million general fund and health care system gap and rising structural costs without a tax hike
November 24