Sentences with phrase «financial control boards»

McMahon says financial control boards have helped somewhat, noting that they've improved the fiscal health of the cities of Yonkers, and Buffalo.

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.

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

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.

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.

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.

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.

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.

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.

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.

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.

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.

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 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.

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.

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.

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.

Nassau County Executive Edward Mangano sent out an eight - page full color mailer to Nassau residents last weekend, touting his management of the county, including its finances — as Nassau's financial control board was poised yesterday to order the county to fill a $ 36 million hole in next year's budget.

Nassau's financial control board is objecting to proposed state legislation that would allow the county's union employees to get contractual step increases — salary hikes based on years in the job — even during a wage freeze.

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.

Cuomo says the voluntary approach could help communities who are loathe to take the more «highly invasive» step of asking the state to impose a financial control board.

The disagreement between the Cuomo administration and Miner grew on Wednesday when Lt. Gov Bob Duffy suggested to The Post-Standard of Syracuse that another option was a financial control board.

Still to be determined is whether the county's financial control board will give the green light.

In testimony before the New York State Financial Control Board, city Comptroller Scott Stringer applauded de Blasio for saving billions of dollars in reserves and accounting for the multi-billion-dollar cost of settling New York City's open labor contracts.

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.

The State Comptroller's Office advised the city last Friday that a 2014 budget deficit could lead to the return of a financial control board, which would assume oversight of the city's spending.

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.

The Financial Control Board reviews the city's four - year financial plan quarterly to decide whether the city is complying with fiscal guidelines passed into state law in 1975.

Nassau's financial control board has pushed off for at least a week approval of proposed new union contracts that would lift a three - year wage freeze.

Nassau's revised 2016 county budget, slated for consideration today by the county's financial control board, includes $ 35.6 million in revenue from increased real estate fees that could add hundreds or thousands of dollars to the cost of buying, selling or refinancing properties in the county.

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.

At 9 a.m., Puerto Ricans and allies protest the meeting of the Puerto Rico's financial control board to privatize the territory's electrical system, Alexander Hamilton U.S. Custom House, 1 Bowling Green, Manhattan.

Comptroller DiNapoli says some local governments might eventually have to be taken over by a financial control board.

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.

The state even appointed a financial control board in 2005 to monitor county finances.

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

In December, the financial control board had ordered nearly $ 18 million in cuts to the county's $ 3 billion budget.

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.

A state appeals court ruled that Nassau's financial control board has the authority to suspend contractual pay increases for county employees, and dismissed union challenges to a three - year wage freeze that ended in 2014.

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.

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

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.

The financial control board says a Republican plan to close a $ 31.5 million budget hole comes up short.

Mangano has put $ 20 million in expected revenues from VLTS into his budget next year — money that the county's financial control board, the Nassau Interim Finance Authority — has termed risky.