-
Lori Lightfoot's confident statements about the city's fiscal resilience aren't wholeheartedly shared by the muni buy-side as the coronavirus hurts the economy.
April 3 -
The rating agency echoed others in citing the New York transportation system's hard fall since the coronavirus outbreak.
April 3 -
Negative outlooks trigger questions about other reeling areas in the capital markets crosshairs.
April 2 -
The rating agency expects a 'sudden and severe decline in the city's sales and income taxes' as a hit to the city's budget and economy from the coronavirus crisis.
April 1 -
The nation's second-most-populous county is factoring in a recession as it runs fiscal models on COVID-19's impact and is banking on federal aid for hospitals.
April 1 -
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 -
Despite rising 3% in 2019, DiNapoli expects bonuses to drop this year.
March 24 -
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 -
New York MTA and 10 other transit systems have cited the crippling effects of ridership drops due to COVID-19.
March 24 -
The comptroller called for passage of a federal rescue bill and measures to shore up the city budget.
March 23