New York City’s budget gaps may reach as high as $10 billion in FY 2027 and grow to $13.6 billion by FY 2029, based on risks including slowing economic growth, rising costs and the restructuring of the funding relationship between the federal government, states and their localities, according to
New York City Health + Hospitals (H+H) will see pressure on key sources of revenue as Medicaid and low-income patients that rely on federal support lose health insurance, while reimbursement rates for health care programs are cut by Washington, making it harder for the largest public health syste
Wall Street’s securities industry bonus pool reached a record $49.2 billion in 2025, up 9% from the previous year, while the average bonus rose 6% to $246,900.The increases reflect a rise of more than 30% in Wall Street’s profits, which totaled $65.1 billion in 2025.
Wall Street’s securities industry bonus pool reached a record $49.2 billion in 2025, up 9% from the previous year, while the average bonus rose 6% to $246,900, according to New York State Comptroller Thomas P. DiNapoli’s annual estimate.
New York City’s $127 billion fiscal year 2027 preliminary budget (February Plan) provides more transparency for spending, addressing years of chronic underbudgeting and exposing an emerging structural budget gap that may require choices that threaten the city’s fiscal stability, competitiveness and affordability.
New York City’s $127 billion fiscal year (FY) 2027 preliminary budget (February Plan) provides more transparency for spending, addressing years of chronic underbudgeting and exposing an emerging structural budget gap that may require choices that threaten the city’s fiscal stability, competitiven
New York City’s Department for the Aging is facing rising demand for home care and case management services that help older residents remain independent, resulting in a growing waitlist for assistance. This report highlights challenges such as funding uncertainty that may affect the agency’s ability to meet increasing needs.
New York City’s Department for the Aging (DFTA) provides home care and case management services to support older New Yorkers in maintaining their independence and remaining engaged in their communities, but is experiencing rising demand for these services.
This report examines New York City’s expanded efforts to address the rise in it’s unsheltered (street homeless) population. The analysis recommends the City make better use of data collected through outreach, placement, and service programs to more clearly show where it has been most effective at helping people move into permanent housing. It also highlights the need to improve the efficiency of shelter placements as funding for street homeless programs is projected to remain largely flat after Fiscal Year 2026.
