News

NYC May Face Annual Budget Gaps of $13 Billion, DiNapoli Says
New York City may be headed for annual deficits of as much as $13 billion because it under-budgets costs for social services ...
Crain's New York Business5d
City may face annual budget gaps of $13 billion, state comptroller says
New York City may be headed for annual deficits of as much as $13 billion because it under-budgets costs for social services ...
New York Post1y
NY’s budget gaps expected to balloon to $36B by 2027: comptroller
The state’s top money manager painted a bleak fiscal future for New York in a sobering report released Tuesday, estimating a jaw-dropping budget gap of $36.4 billion by 2027. State ...
Bloomberg L.P.1y
NYC Faces Budget Gaps of $40 Billion Through 2027, DiNapoli Says
New York City could face a cumulative budget gap of $40 billion over the next four years thanks to soaring costs, according to state Comptroller Tom DiNapoli. That estimate, which exceeds the city ...
New York Post2y
Eric Adams’ plan to eliminate NYC’s budget gap is easily achievable — and desperately needed
While these amounts may appear significant, this Program to Eliminate the Gap is necessary ... The best way to protect New York’s future is to stabilize the budget and prioritize and better ...
The Bond Buyer2y
As economic uncertainty looms, NYC's budget, outyear gaps grow
"With budget gaps widening despite billions of dollars ... the Mayor's Office of Management and Budget told The Bond Buyer. The 51-member New York City Council held hearings in April on the ...
Housing advocates worry states can’t fill rental aid gaps if Trump cuts go through
The Trump administration is pushing to reshape the federal housing safety net by slashing spending and shifting the burden of ...
New York Daily News11mon
NYC budget deal partially restores early childhood spending, but advocates say gaps will persist
The issue reached a head earlier this year when thousands of New York City parents were shut out of ... known as Programs to Eliminate the Gap, which he said were necessary to offset the cost ...
Hosted on MSN7mon
MTA budget gaps widening, says New York State Comptroller
NEW YORK (1010 WINS ... the transit agency’s finances are in dire straits, with projected budget gaps starting at $211 million this year and increasing to $652 million in 2028.
City Limits11mon
NYC Budget Closes Gap for NYCHA Senior Security Program
A security program that has provided an extra layer of protection for New York City Housing Authority (NYCHA ... was slated to end on June 30 to help NYCHA close a $35 million gap in its operating ...