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Long Island county prepping $290 million offering while confronting a giant revenue shortfall.
October 6 -
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Gov. Gretchen Whitmer signed a $63B fiscal 2021 budget into law last week that Moody's views as a credit positive for local governments.
October 5 -
“What purpose do reserves serve if we don't utilize them in times when you have a problem?” one alderman asked.
September 29 -
Mayor Bill de Blasio expanded furloughs to all managerial and non-represented employees while City Hall also faces an alarming coronavirus spike in some neighborhoods.
September 24 -
Chicago's chief financial officer said the city must consider all options given the magnitude of the pandemic in the absence of federal relief for lost revenue.
September 22 -
A $3.3 billion budget proposal from County Executive Laura Curran hinges on refinancing outstanding bonds through triple-A-rated Nassau Interim Finance Authority.
September 21 -
City leaders are evaluating layoffs, raise deferrals, leasing city assets and postponing construction projects.
September 17 -
The move by New York's mayor could precede more citywide action in the absence of federal rescue aid or state-authorized long-term borrowing.
September 16