Budget
MTA
Heastie warns state may need to raise taxes to fund MTA
The Assembly speaker said the state needs to figure out new sources of revenue to fund mass transit, especially given the uncertainty of future federal funding.
Policy
Advocacy groups demand state restore cut public health funds to NYC
The state pays for 36% of cities’ core health services costs – except in New York City, where it only pays for 20%.
Health Care
Lawmakers, advocates and contractors beg Hochul to delay April 1 CDPAP deadline
Tens of thousands of people could temporarily lose their home care if the transition isn’t completed in time
Campaigns & Elections
NYC comptroller debate: a war of the wonks
Leading candidates Justin Brannan and Mark Levine agree that the Adams administration is as transparent as a brick wall when it comes to budgeting.
Policy
Legislature proposes spending millions to help legal cannabis industry
For the state’s legal cannabis cultivators, the Assembly and state Senate one-house budget proposals are dope.
Albany Agenda
Assembly and state Senate release ‘one-house’ state budget proposals
The Legislature’s budget proposals differ from the governor’s executive budget proposal when it comes to discovery reform, involuntary commitment and rebate checks.
Opinion
Opinion: Universal child care in NY could save the Democratic Party
Let’s show the nation that when Democrats are in power, they pass universal policies that directly improve the lives of working-class people.
Adams probes
Could deputy mayor resignations cost NYC a seat at the table?
Assembly Member Patrick Burke warned Mayor Eric Adams that the planned departure of four deputy mayors might hurt New York City during state budget negotiations.
Eric Adams
At ‘Tin Cup Day’ hearing, Eric Adams’ budget priorities aren’t the point
State lawmakers paid some attention to the New York City mayor’s requests for migrant funding and discovery law changes, but questions about Trump policies and the city budget took center stage.
Upstate
Upstate mayors rattle tin cups for increased state aid
The mayors of Buffalo, Yonkers, Syracuse, Rochester and Albany want a permanent increase in the state budget’s Aid and Incentives to Municipalities funding.
Budget
Hochul’s FY 2026 budget, by the numbers
The governor proposed a record-high executive budget that includes funding for her affordability agenda
Budget
Hochul’s budget to extend millionaire’s tax, but leaves MTA funding question open
The governor is set to propose a $252 billion state budget as she pushes an affordability agenda
MagazineShow All
Budget
Eric Adams unveils $114.6 billion FY 26 preliminary budget with optimism
Kicking off a season of negotiation with the City Council, the New York City mayor said the city’s economy is strong.
Budget
New York City’s November budget update – by the numbers
The city’s in better fiscal shape than expected, and that means more spending.
MTA
For Janno Lieber, congestion pricing isn’t dead
The self-described “patron saint of challenging projects” is trying to keep the MTA from moving backward – without straying from his boss.
Editor's Note
Editor’s Note: Accessibility improvements hinge on congestion pricing’s return, for now
Hochul only “paused” the controversial tolling program that could fund much needed improvements, including new elevator installations to meet ADA requirements.
New York City
Nearly united NYC Council votes 46 to 3 to approve FY 2025 budget
The three dissenters, all democratic socialists, blamed the mayor for budget mismanagement.
Policy
Adams and Adams shake on $112.4 billion FY 25 budget that reverses some deeply unpopular cuts
“Adams and Adams United is here to say we have a deal,” Mayor Eric Adams announced on Friday.
Policy
NYC budget expected to include $2 billion for affordable housing. Here are the details.
The funds will go toward building, preserving and renovating housing for low-income New Yorkers.
Budget
Exclusive
Report: Eric Adams’ administration is ‘unreasonably pessimistic’ in budget projections
The Fiscal Policy Institute found that recent projections have increasingly diverged from the city’s actual fiscal reality.
