Gov. Kathy Hochul must decide by year’s end whether to sign a law that would mandate two-person crews on all trains, a practice critics say is costly and outdated. Source: New York Times
Posts published in “Budgets and Budgeting”
Mamdani Wants to Tax the Rich. Can He Persuade State Leaders?
After an impressive victory, Mayor-elect Zohran Mamdani now must find funds for his programs. His push for higher taxes puts Gov. Kathy Hochul, who faces a re-election fight, in a tough spot. Source: New York Times
How a Small Avant-Garde Theater Makes It Work in Brooklyn
The Brick, an Off Off Broadway institution in Williamsburg, has kept the lights on for more than 20 years by cobbling together support from donors, grants and ticket sales. Source: New York Times
In New Forecast, New York City Projects $2.9 Billion Deficit
The stock market’s weak performance is projected to cost the city billions of dollars in pension fund obligations in the coming years. Source: New York Times
Bernard Rosen, Budget Brain for Four New York City Mayors, Dies at 91
He knew how to find hidden pots of money. “There wasn’t a budget director in the last 50 years who didn’t rely on Bernie,” one of his acolytes said. Source: New York Times
What to Expect as New York Faces a Potential Fiscal Crisis
The pandemic-driven downturn may mean service cuts and tough decisions for City Hall. Source: New York Times
N.Y.C. Faces Potential Fiscal Crisis as $10 Billion Budget Deficit Looms
A persistent pandemic-driven downturn has caused revenue from business and personal-income taxes to fall in New York City, while tourism and job losses have yet to recover. Source: New York Times
New York City Can Reinstate School Budget Cuts, Court Rules
With the first day of school in New York less than a month away, the city is caught up in a contentious legal battle over whether to cut school funding. Source: New York Times
Judge Says He Will Toss Out New York City School Budget
After parents and teachers sued, a judge on Thursday said he would give the City Council the chance to revisit the school budget and vote again. Source: New York Times
A Judge Halts New York City School Budget Cuts, For Now
Parents sued the city over plans to cut money to schools that have lost students, even as the mayor and City Council try to make a deal to restore funds. Source: New York Times
Daniel Weiss, Met Museum’s Chief Executive, to Step Down
Daniel H. Weiss was a stabilizing force, but his departure raises questions about whether the museum’s two-pronged management structure still works and will continue. Source: New York Times
Amtrak Awards Contract to Expand Penn Station Train Tracks
As debate rages on a plan to renovate the nation’s busiest hub, Amtrak awarded a contract to design a $12 billion expansion that would add train capacity. Source: New York Times
Rebuilding Elementary School Band Class After the Pandemic
Young violists and sax players in Brooklyn get reacquainted with their instruments, and with one another: “You have to play in harmony.” Source: New York Times
Ocasio-Cortez Assails City Council Speaker Over Budget
The congresswoman, who has recently been vocal about New York City political players, denounced what she called “dirty politics.” Source: New York Times
Ocasio-Cortez Accuses City Council Speaker of Playing ‘Dirty Politics’
Rep. Alexandria Ocasio-Cortez criticized Adrienne Adams, a fellow New York City Democrat, over her handling of budget negotiations. Source: New York Times
