Sentences with phrase «city subsidies grow»

City Subsidies Grow, Federal Cuts Delayed but Fiscal Challenges Remain for NYC's Public Hospitals

Not exact matches

A new budget released by Governor Andrew Cuomo on Tuesday blocks state reimbursements to rental - subsidy programs Mayor Bill de Blasio wants to implement to tackle New York City's growing homelessness.

In his yearly analysis of the city's $ 84.6 billion adopted fiscal year 2017 budget, Stringer said subsidies to Health + Hospitals will likely exceed projections by $ 365 million in fiscal year 2017, growing to $ 515 million by fiscal year 2020.

In July, Comptroller Scott Stringer announced that subsidies to Health + Hospitals will likely surpass projections by $ 365 million in fiscal year 2017, growing to $ 515 million by fiscal year 2020 — the results of his annual analysis of the city's $ 84.6 billion adopted fiscal year 2017 budget.

With an agreement on a final New York City budget due by the end of June, the growing Strong Economy for All coalition of nearly 20 City Council members, unions and social service advocacy groups announced a «People's Budget» plan at a June 21 rally on the steps of City Hall that calls for a millionaire's tax and an end to corporate subsidies and tax loopholes.

They further point out that there is a separate billion - dollar fund set aside to address services growing neighborhoods will need when the new housing projects are built and that there are additional city subsidies that will be used to build additional affordable housing.

A commission chaired by the City of Chicago's Comptroller issued a report earlier this week which said that Chicago can no longer afford its subsidies for government worker retiree health care, which currently cost the city $ 109 million annually but would grow to nearly $ 500 million in a decade thanks to projected increases in the number of retirees and in health care costs.The commission offered Mayor Rahm Emanuel a series of suggestions on how to change the program to save money, including having workers pay a greater percentage of their own health care premiums in retirement, but it also concluded that the city might want to simply end the subsidy program, a move which almost certainly would be challenged in coCity of Chicago's Comptroller issued a report earlier this week which said that Chicago can no longer afford its subsidies for government worker retiree health care, which currently cost the city $ 109 million annually but would grow to nearly $ 500 million in a decade thanks to projected increases in the number of retirees and in health care costs.The commission offered Mayor Rahm Emanuel a series of suggestions on how to change the program to save money, including having workers pay a greater percentage of their own health care premiums in retirement, but it also concluded that the city might want to simply end the subsidy program, a move which almost certainly would be challenged in cocity $ 109 million annually but would grow to nearly $ 500 million in a decade thanks to projected increases in the number of retirees and in health care costs.The commission offered Mayor Rahm Emanuel a series of suggestions on how to change the program to save money, including having workers pay a greater percentage of their own health care premiums in retirement, but it also concluded that the city might want to simply end the subsidy program, a move which almost certainly would be challenged in cocity might want to simply end the subsidy program, a move which almost certainly would be challenged in court.