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News

bkreader.com
346 words

NYC Budget Shows Higher Costs and Future Gaps

New York City’s $127.8 billion fiscal 2027 budget accurately accounts for recurring expenses but also points to growing budget gaps that could pressure city services in the coming years, according to a report from State Comptroller Thomas P. DiNapoli. The budget, which…

bkreader.com
325 words

NY State Budget Deal Includes a Pied-à-Terre Tax

Governor Kathy Hochul on Thursday said an agreement has been reached with legislative leaders on key priorities of the $268 billion fiscal year 2027 state budget that includes a pied-à-terre tax program. Five weeks late, the proposed budget includes funding for childcare,…