Feb. 25, 2025 By Robert Pozarycki New York’s CityFHEPS housing voucher program has grown into a fiscal albatross that is barely making a dent in keeping vulnerable low-income residents in their homes — and draining the city coffers of billions of dollars, according to a nonprofit’s report released Monday. The Citizens Budget Commission (CBC)…
Mar. 20, 2024 By Barbara Russo
It’s not all bad!
May. 31, 2023 By Ethan Stark-Miller
A final city budget deal likely won’t come until after the June 27 City Council primaries, giving the administration and city lawmakers a tight window to pass an on-time spending plan by their July 1 deadline, Mayor Eric Adams’ Budget Director Jacques Jiha predicted Wednesday.
May. 17, 2023 By Ethan Stark-Miller In a new analysis, the Citizens Budget Commission (CBC) found Mayor Eric Adams’ administration likely lowballed the NYPD budget for the coming fiscal year by roughly $1.6 billion, after not fully factoring in the pattern of ballooning overtime costs the department’s racked up in recent years. The budget…