State Budget

The Bronx Point development will provide hundreds of affordable apartments.

Albany

Hochul Reups Housing Hopes but Mostly Plays Safe in High-Stakes State of the State

Jan. 9, 2024, 4:53 p.m.Jan. 9, 2024, 4:53 p.m.

The annual speech by New York’s governor outlines proposals from swimming pools to slowing shoplifting but no new taxes — and big questions about apartment development and budget deficits.

Workers commute home on the Staten Island Ferry.

Economy

NYC Has Recovered Nearly All Jobs Lost in the Pandemic

Oct. 19, 2023, 5:25 p.m.Oct. 19, 2023, 5:25 p.m.

In other positive news, tax revenues for the first half of the fiscal year exceeded projections by $1.7 billion — but risks still lie ahead.

Budget

State and City Budgets Gamble on More Gains for the Very Richest

July 7, 2023, 5:00 a.m.July 6, 2023, 4:57 p.m.

Now that public budgets have been settled, it’s clear they rest on risky assumptions for following years.

How to New York

What Albany Lawmakers Have — and Have Not — Accomplished This Year

June 22, 2023, 4:36 p.m.Oct. 11, 2023, 1:01 p.m.

New school holidays and criminal record seals are in. But many proposals related to tenant protections, developer tax breaks and speed limits have gone nowhere.

State Budget

State Budget’s Biggest Winner May Be Mayor Eric Adams

April 28, 2023, 1:49 p.m.March 14, 2024, 2:23 p.m.

Gov. Kathy Hochul outlines a $229 billion spending plan that leaves many questions unanswered — but helps New York City, from NYCHA to the MTA.

FAQ NYC

LISTEN: Budget Breakdown — Mo’ Money, Mo’ Problems

April 12, 2023, 5:00 a.m.Feb. 17, 2025, 4:45 p.m.

Funding cuts to libraries, Albany issues and Knicks and Nets, with special guest co-host Ben Max.

State Budget

What’s at Stake in the New York State Budget? A Quick Guide

March 30, 2023, 5:00 a.m.May 30, 2024, 1:31 p.m.

From helping judges set bail to spurring housing development, big plans from Hochul are encountering fierce resistance from state lawmakers.

State Budget

Hochul $227B Budget Plan Bolsters Revenue and Rainy Day Reserves

Feb. 1, 2023, 8:25 p.m.March 14, 2024, 2:24 p.m.

The MTA and programs for renewable energy and mental health receive boosts — but progressives’ minimum wage hike and corporate tax hike demands got no traction.

Budget

Pressure to Boost Spending Shapes City and State Budgets Despite Revenue Risks

Jan. 19, 2023, 5:00 a.m.Jan. 19, 2023, 11:32 a.m.

Industry groups and advocates put the heat on Adams and Hochul to tap higher-than-expected tax revenue for housing, homeless shelters, job training and more.

Economy

Tax Collections Plunge in Wake of Stock Market Downswing

July 13, 2022, 9:02 a.m.July 13, 2022, 9:02 a.m.

City comptroller reports estimated income tax payments are down by nearly one-third, driven by sharp drops in Wall Street capital gains.

State Budget

Hochul Reups Housing Hopes but Mostly Plays Safe in High-Stakes State of the State

NYC Has Recovered Nearly All Jobs Lost in the Pandemic

State and City Budgets Gamble on More Gains for the Very Richest

What Albany Lawmakers Have — and Have Not — Accomplished This Year

State Budget’s Biggest Winner May Be Mayor Eric Adams

LISTEN: Budget Breakdown — Mo’ Money, Mo’ Problems

What’s at Stake in the New York State Budget? A Quick Guide

Hochul $227B Budget Plan Bolsters Revenue and Rainy Day Reserves

Pressure to Boost Spending Shapes City and State Budgets Despite Revenue Risks

Tax Collections Plunge in Wake of Stock Market Downswing

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