Budget

Budget

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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.

Budget

What to watch in the NYC budget fight

“We’ve still got six days to go. In budget negotiations, that’s a lifetime.”

Budget

State lawmakers jump into NYC budget fight

Roughly 20 state lawmakers called on the Adams administration to prioritize affordability ahead of looming city budget deadline.

Policy

Do the feds owe the state Department of Labor $44 million?

An audit by the state Comptroller’s Office found that the state Department of Labor is entitled to $44 million in federal reimbursements, but the department claims it cannot apply for the money.

Opinion

Opinion: Don’t forget about the city’s capital budget

Democratic socialists in office are calling for an infrastructure of care in the city’s capital budget.

Interviews & Profiles

New York City’s plan to invest millions in LGBTQ+ services

During Pride Month, Chief Equity Officer Sideya Sherman talked about NYC Unity Project, the Family Acceptance Program and budget challenges facing HIV services.

Transportation

Lander says he’s ready to take legal action to save congestion pricing

At a rally with transportation advocates, the comptroller said he was confident impacted groups, such as New Yorkers with disabilities, have legal standing to sue.

Policy

MTA confirms congestion pricing won’t go into effect on June 30

Lawmakers have not found an alternative source of funding for the MTA, and the agency said it will have to cut programs if the governor doesn’t let congestion pricing go into effect.

Albany Agenda

Hochul’s IOU plan for the MTA may be DOA

Gov. Kathy Hochul wants the state Legislature to pass a bill providing the MTA with an IOU in lieu of congestion pricing revenue, but many lawmakers and advocates oppose it.

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Transportation

Lawmakers hold dueling press conferences on congestion pricing

Some state legislators are concerned about how to fund the MTA, but others are just glad their constituents won’t have to pay more tolls.

Albany Agenda

Will the MTA board put the brakes on congestion pricing?

Four members of the MTA board have said that they disagree with Hochul’s decision to suspend congestion pricing, but Hochul seems likely to get her way.

Albany Agenda

Hochul says she will delay NYC congestion pricing

Congestion pricing tolls were scheduled to start in Manhattan on June 30.

Albany Agenda

State releases details of $239 billion budget

The Division of the Budget also projects a “structural deficit” that could reach $7.25 billion in three years.

Interviews & Profiles

Keeping tabs on the MTA’s budget and policies

An interview with state Sen. Leroy Comrie, chair of the Committee on Corporations, Authorities and Commissions.

Budget

Library leaders warn of branch closures if mayor’s budget cuts aren’t reversed

The presidents of the New York Public Library, Brooklyn Public Library and Queens Public Library said the planned $58.3 million budget cut would lead to severe staff shortages.

Albany Agenda

Progressives launch campaign to get upstate cities to opt in to ‘good cause’ law

The state budget’s “good cause” eviction protections only apply automatically to tenants in New York City, but other cities can choose to opt in to the regulations.