The Cuomo administration reportedly is talking with labor leaders about tapping public and private pension funds to help pay for state infrastructure projects, including a multi-billion-dollar replacement for the Tappan Zee Bridge... Read More
The good news is that despite increasing pressure on both revenues and expenses, Standard and Poor’s has affirmed the Metropolitan Transportation Authority’s “A” rating, with a stable outlook. Read More
After a decade of increased borrowing — much of it for non-capital purposes — New York will be closer than ever to its statutory debt ceiling in the coming fiscal year, according to a debt impact study issued today by Comptroller Thomas DiNapoli. Read More
A January report by United NY, the Center for Working Families, and the Strong Economy for All Coalition slamming the Metropolitan Transportation Authority (MTA) for its “expensive” and “risky” swap deals is getting new attention this week. Read More
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