Budget

Wealthy New Yorkers complain about potential tax hikes while the city reaches a fiscal cliff.
While the city approaches a fiscal cliff, the most powerful New Yorkers complain about possible tax hikes.
State lawmakers have been waiting for Cuomo to finalize a budget.
The storyline of fixing the state’s budget deficit remains as unresolved as ever.
Syracuse is one of the top three cities that could see the worst declines in revenue during the Coronavirus.
Rochester, Buffalo and Syracuse are likely to face some of the worst revenue shortfalls among major cities in the country.
Governor Andrew Cuomo
Lawmakers don’t have much more time to institute budget cuts.
Signs and tents at the Occupy City Hall protest where protestors are demanding that the NYPD be defunded.
The mayor and the City Council did some fuzzy math to arrive at $1B in cuts.
The Surrogate Court building across from City Hall where Occupy City Hall protestors are demanding that the New York City Council vote to defund the NYPD.
Some dissent on both the right and the left.
Bill de Blasio 062520
De Blasio promises ‘very substantial’ NYPD cuts. The City Council wants $1 billion.
Some state lawmakers are looking for something green to help solve the budget gap.
Legalizing recreational marijuana is unlikely this year, and wouldn’t provide immediate fiscal relief.
Thanks to the coronavirus the NYC budget will be much smaller than last years. The Department of Education is taking the biggest cut.
Education is the big one, but the economic fallout from the coronavirus will impact the budget in many other ways.
Senate Majority Leader Andrea Stewart Cousins meeting remotely with the Senate Democratic Caucus on March 29, 2020.
Waiting on federal aid could limit state lawmakers’ sway on budget.
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