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The Budget Director also serves ex officio on various boards, including the New York City Municipal Water Authority, which issues bonds for the capital plan of the NYC Department of Environmental Protection, [9] the New York City Transitional Finance Authority, and TSASC, Inc., a local development corporation whose debt is secured by tobacco ...
NEW YORK CITY — Tense talks between Mayor Eric Adams and City Council members came down to the wire, but the two sides Thursday unveiled a $107 billion deal for 2024's budget. The handshake deal ...
The New York City Independent Budget Office (IBO) is a publicly funded agency of New York City that provides nonpartisan information about the city's budget and local economy to the public and their elected officials. The office has no policymaking role.
July 1, 2023. The New York City Council and Mayor Eric Adams agreed Thursday to a budget of more than $107 billion that spares proposed library cuts and adds billions for affordable housing but ...
June 24, 2023. At more than $100 billion, New York City’s annual budget is the largest of any municipality in the country — and the expression of how a city still emerging from a pandemic and ...
The New York City government's budget is the largest municipal budget in the United States, totaling about $78.3 billion in 2016.It employs 250,000 people, spends $23.5 billion to educate more than 1.1 million children, levies $27 billion in taxes, and receives $14 billion from federal and state governments.
NEW YORK CITY — A long-delayed $229 billion state budget deal struck by Gov. Kathy Hochul and lawmakers late Thursday promises some major changes to New York City. A new $17 minimum wage for the ...
The Office of Comptroller of New York City, a position established in 1801, is the chief financial officer and chief auditor of the city agencies and their performance and spending. The comptroller also reviews all city contracts, handles the settlement of litigation claims (amounting to $975 million in 2019), issues municipal bonds, and ...