Sentences with phrase «financial control board»

The governor says if upstate cities really believe they are «on the brink,» then they should give up their powers of governing to a state - appointed financial control board.

Last fall, there were rumors from his office of plans for a statewide financial control board to take over struggling cities.

So far, the state has prevented it by first putting in place financial control boards.

The deeper the new financial control board dug, the more troubled the school system seemed.

Mayor Bloomberg will present the NYC financial plan at the annual state Financial Control Board Meeting at 4 p.m. in Cuomo's Midtown Manhattan office.

At 2 p.m., NYC Mayor Bill de Blasio will deliver remarks at the annual New York State Financial Control Board meeting, 633 3rd Ave., 38th Floor, Manhattan.

Republican Nassau County executive candidate Jack Martins criticized the county's financial control board for commissioning a report that suggested balancing the budget by privatizing ambulance services and defunding crossing guards, firefighter training and youth programs.

The bill pitted public - employee unions against the Nassau Interim Finance Authority, the state - imposed county financial control board, over the issue of «step raises,» or salary hikes based on time on the job.

Richard Halverson was an Assistant Deputy Director of the New York City Financial Control Board, the state agency responsible for overseeing the City's budget during the fiscal crises, 1976 - 1977.

Miner has joined forces with the mayors of Yonkers and Rochester, the two big cities that have not yet involved financial control boards, to push the state to address the costs it pushes on to cities.

Nassau County Executive Ed Mangano says he's willing to «partner» with a state - run financial control board.

She was elected president of the D.C. School Board in 2000, just as the federally appointed D.C. financial control board returned jurisdiction over the failing pubic school system to the local school board.

DiNapoli, whose office oversees local finances, is reportedly considering a more comprehensive system of state response, including an early - warning system to head off emerging crises and the creation of a state - level financial control board.

Hannon said the fee would help preserve bus service in the wake of «perpetual» funding issues — earlier this year, Nassau's financial control board approved a funding plan that eliminated 7 bus routes and reduced service in 4 others.

* Former Gov. George E. Pataki, once a close personal and political ally, succumbed to pressure by approving a county financial control board Giambra still insists was never necessary.

The county, in fact, hasn't found firm fiscal footing since the 1990s, which is why Curran also is inheriting a state financial control board going into its 18th year of monitoring Nassau's finances.

The county legislature attempted to include $ 36 million in penalty revenue in this year's budget but Nassau's financial control board refused to allow the money to be counted because of the continuing legal challenge.

State Financial Control Board members are praising the city's new budget.

However, it doesn't mention that Nassau's financial control board projects a budget deficit of more than $ 100 million this year.

At 2 p.m., de Blasio discusses the city's financial plan at the NYS Financial Control Board meeting, governor's office, 633 Third Ave., 38th Floor, Manhattan.

Over the past 40 + years, wage freezes have been an indispensable tool of state financial control boards created to address fiscal crises in New York City, Yonkers and Buffalo, as well as in Nassau County.

Nassau's financial control board appears to be more accepting of less information about the county's finances than it has in the past, despite tough talk of forcing the county to balance its budget.

But the plan could face opposition from Republicans and at least one member of the county's financial control board because former County Executive Edward Mangano in 2016 set aside $ 45 million to cover the judgment after Democrats killed his request to borrow the money.

Adam Barsky, chairman of the Nassau Interim Finance Authority, or NIFA, the county's third - party financial control board, also said rules governing overtime and mandatory positions filled — known as minimum manning clauses — do not provide flexibility to control escalating personnel costs.

Nassau had 680 such employees in 2016, 488 in 2015 and 449 in 2014, when Nassau's financial control board lifted a salary freeze for union workers that had been in place since 2011.

And Thomas S. Richards, the mayor of Rochester, recently described a grim situation facing New York's cities in testimony to the State Legislature, saying, «I fear that Rochester and other upstate cities are approaching the point of financial failure and an inevitable financial control board — as is the case in Buffalo — unless something is done now.»

Republican Nassau County executive candidate Jack Martins on Tuesday criticized the county's financial control board for commissioning a report that suggested balancing the budget by privatizing ambulance services and defunding crossing guards, firefighter training and youth programs.

But he says it's possible that some cities, towns or villages could in the future find themselves under the strictures of a state appointed financial control board.

During the presentation, panel chairman Richard Halverson, a former assistant deputy director of the New York City Financial Control Board, said the main cause of the county's deficit is the economic downturn, which created slumping sales tax revenue.

Earlier this week, a New York Post story said that Gov. Andrew Cuomo and Comptroller Thomas DiNapoli are working toward a statewide financial control board that could take over spending power for certain municipalities across the state.

She joined forces with the mayors of Yonkers and Rochester, the two big cities that have not yet involved financial control boards, to push the state to address the costs it pushes onto cities.

The governor vetoed a bill that would have allowed some public employees in Nassau County to receive «step» raises even when county wages are frozen — a measure that pitted public - employee unions against the Nassau Interim Finance Authority, the state - imposed county financial control board.

That «70s Woe in Rerun [NYP] Mayor Michael R. Bloomberg Presents City Financial Plan to the New York State Annual Financial Control Board Meeting [NYC.gov]

At 11 a.m., NYC Mayor Bill de Blasio will deliver remarks at the annual state Financial Control Board meeting, 633 3rd Ave., 38th Floor, Manhattan.

It's a poor substitute for a financial control board or Chapter 9 bankruptcy.

New York City's finances are being responsibly managed despite the large cost of negotiating labor settlements with city workers, according to members of the state Financial Control Board.

In 2005, then - state Comptroller Alan Hevesi recommended a financial control board to help close a yawning budget gap.

The State of New York could govern the city of New York if it chose to do so, and arguably did during the financial crisis in the 1970's with the financial control board.

The mayor is also lashing out at Schroeder's emphasis on the city's rebound from a financial control board to some of the best credit ratings of recent years.

Republicans suggest restructuring debt, increasing the estimate of sales taxes expected to be collected next year and adopting cost - saving measures proposed by the county's financial control board, the Nassau Interim Finance Authority.

Curran is expected to give the county's financial control board a revised $ 2.9 billion county budget Thursday.

If she didn't like the deal, she could reject it, or Cuomo might install a financial control board to take over the city's finances.

Albany technically has the power to govern the city, and arguably did so with strict oversight of municipal spending set up through the Financial Control Board after the state bailout in 1975 when the city suffered a major fiscal crisis.

One of Wendy's opponents has recently admitted that he won't take tax hikes off the table, and the other serves as comptroller of New York's Nassau County, which has some of the highest taxes in the nation and whose finances are in such bad shape that the state mandated the creation of a Financial Control Board to oversee it.

Nassau's financial control board for the first time will impose spending cuts for county departments and programs after county lawmakers proposed more than $ 30 million in changes to the 2018 budget the board said were inadequate.

The issue came to light when GOP legislators pressed Curran administration officials about why they hadn't yet sought approval from the county's financial control board, the Nassau Interim Finance Authority, to borrow the money.

Nassau county's financial control board could impose spending cuts affecting county agencies, contracts and more.

Also Thursday, the Nassau Police Benevolent Association, the county's largest police union, said it would not endorse a candidate in the county executive race, citing the ongoing contractual negotiations to end a wage freeze imposed by a state financial control board.

Nassau's financial control board could impose millions of dollars in spending cuts to the county's 2018 budget when it meets next week, affecting everything from agency budgets to contracts and equipment purchases, officials said Tuesday.

The impact on the average homeowner would be between $ 10 and $ 15, the administration said.Mangano's budget is the first in many years to include no borrowing to pay operating expenses — something the Nassau Interim Finance Authority, the county's financial control board, has long requested.