Blog

NYC FY2021 Adopted Budget

Short-Term Balance, Long-Term Challenge

July 21, 2020 - After tense negotiations and a close vote ending early morning July 1, the City adopted an $88.2 billion budget for fiscal year 2021.

Blog

Flipping the Switch

Difficult Fiscal Decisions Compound as State Shifts from Spending Growth to Cuts

July 15, 2020 - Flipping the switch from robust spending growth to spending cuts will require making significant hard choices to balance the budget and reduce future fiscal gaps.

Blog

How Will The MTA Fight Its Four-Alarm Fire?

July 13, 2020 - Federal aid should be a significant contributor to solving this crisis. Yet, even if the MTA receives all the aid it has requested, its leaders face hard choices about how to manage the resources they...