New York City may be headed for annual deficits of as much as $13 billion because it under-budgets costs for social services ...

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 ...

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 City may be headed for annual deficits of as much as $13 billion because it under-budgets costs for social services ...

"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 ...

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 ...

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.

For New York’s 2026 fiscal year, the governor proposed a $252 ... but it’s still not enough to cover the $27 billion in total budget gaps she projected for fiscal years 2027 through 2029. Adjusted for ...

The Trump administration is pushing to reshape the federal housing safety net by slashing spending and shifting the burden of ...

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 ...