New York City s "economy shows resilience,” says the Independent Budget Office (IBO), which "projects that the City will end 2024 with an additional $3.6 billion in surplus above the Mayor s Office …
The United Federation of Teachers filed a lawsuit against the Adams administration Thursday over nearly $2 billion in planned budget cuts to the city public school system, which the union called …
Under every published projection, even after the mayor’s latest Program to Eliminate the Gap, New York City still faces a budget shortfall next year, which grows significantly in the future.