A CITY GOVERNMENT IN DENIAL ON THE BUDGET
To get right to the point, the Mayor and the Office of Management and Budget (OMB) seem to be in serious denial about the size of next year’s budget deficit.
Category: New York City
Budgets City Budget Featured New York City New York State NYC Transit NYC Transportation NYS Transportation & Transit State Budget The Mass Transit Crisis Transportation Policy
The State Must Step in Now to Avoid a Mass Transit Apocalypse
Hope that Congress can enact a post-election stimulus package to aid the economy amid another explosion of coronavirus cases has narrowed.Continue Reading
Congress Returns to Washington as New York’s Future Hangs in the Balance
Congress returned to Washington D.C this past week and New Yorkers have a big stake in the outcome of anyContinue Reading
The Pandemic Has Forced Hundreds of Thousands Out of the City’s Labor Force. They Are Not Even Counted in the City’s Official 18% Unemployment Rate.
Labor statistics can be very confusing, especially for the general public. The Bureau of Labor Statistics (BLS) released its JuneContinue Reading
State Budget Crisis Part Two: UPDATE-NYC WANTS TO BORROW LONG-TERM TOO
I wrote on my blog on May 28th https://jimbrennanscommentaries.com/2020/05/28/state-budget-crisis-part-2-budget-cuts-loom-as-dc-aid-stalls-but-nys-can-fill-gap-without-tax-increases/ advocating New York State address its looming budget deficit by borrowingContinue Reading
Colossal Failures by New York Budget Division Bring Turmoil and Danger to Medicaid Program
The New York State Division of the Budget surprised the public this past November with an announcement the State facedContinue Reading
Taking Stock of Significant Progress in the City Schools
The students in the New York City public schools are doing better — so much so that the improvements offerContinue Reading
New York City Dominating State Job Growth; Rest of State Still Growing-Slowly
New York City is now utterly dominating job growth in the State of New York. In the past two andContinue Reading
State says 72.7% of NYC high school students finished on time in ’18, showing solid improvement over the years.
State Education Department announces City’s high school graduation rate has reached 72.7%, for the group that started in 2014 andContinue Reading
Despite the Need, Gaining More State Support for Affordable Housing Remains a Major Political Challenge for the De Blasio Administration
Right now, New York City’s government should be taking advantage of the Democratic majority in both houses of the NewContinue Reading