Nyc Fiscal Health Problems

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Fiscal Health Lessons for New York City Manhattan …

(5 days ago) WEBLessons for New York City. New York City’s fiscal health has been deteriorating for years. Recent federal injections related to Covid-19 recovery have created a false sense of improvement in some of the …

https://manhattan.institute/article/fiscal-health-lessons-for-new-york-city

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Of America’s Biggest Cities, New York City Is In The Worst …

(6 days ago) WEBOf the 75 most populous cities, New York City ranked worst in its fiscal health and received an "F" grade for its fiscal health. According to Truth in …

https://www.forbes.com/sites/mayrarodriguezvalladares/2021/01/26/of-americas-biggest-cities-new-york-city-is-in-the-worst-fiscal-health/

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New Report: Fiscal Health Lessons for New York City

(6 days ago) WEBThe city’s financial statements paint a more sobering picture than its budgets. New York, NY – Mayor Eric Adams released the largest executive budget in …

https://manhattan.institute/article/new-report-fiscal-health-lessons-for-new-york-city

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NYC’s Fiscal Problem Is Even Worse Than It Looks

(3 days ago) WEBBut anyone invested in the state of the city government’s fiscal health should be careful when interpreting the latest numbers. In a new report published by the Manhattan …

https://manhattan.institute/article/nycs-fiscal-problem-is-even-worse-than-it-looks

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Health + Hospitals’ future unclear as city faces substantial financial

(8 days ago) WEBFinancial stressors facing the city and state raise questions about New York City Health + Hospitals’ future fiscal health, according to a new issue brief from …

https://www.crainsnewyork.com/health-pulse/health-hospitals-future-unclear-city-faces-substantial-financial-challenges

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NYC Comptroller’s Office Releases Fiscal Year 2023 …

(5 days ago) WEBNew York, NY – The Office of New York City Comptroller Brad Lander released the Annual Comprehensive Financial Report (ACFR) for Fiscal Year (FY) …

https://comptroller.nyc.gov/newsroom/nyc-comptrollers-office-releases-fiscal-year-2023-annual-comprehensive-financial-report/

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New York City Faces Potential Fiscal Crisis as $10 Billion Deficit

(4 days ago) WEBSept. 19, 2022. New York City, battered by economic headwinds and mired in a stubborn pandemic-driven downturn afflicting employment, tourism and tax revenue, is teetering …

https://www.nytimes.com/2022/09/19/nyregion/budget-crisis-economy-nyc.html

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Pandemic Impacts on NYC Fiscal Year 2024 Budget Priorities

(4 days ago) WEBNew York City’s. This report examines how the City’s spending priorities shifted during the pandemic. OSC compares the projected fiscal year (FY) 2024 plan from January 2020, …

https://www.osc.ny.gov/files/reports/osdc/pdf/report-15-2023.pdf

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What to Expect as New York Faces a Potential Fiscal Crisis

(7 days ago) WEBHiroko Masuike/The New York Times. The persistent, pandemic-driven downturn has raised the possibility of a fiscal crisis for New York City. The state …

https://www.nytimes.com/2022/09/23/nyregion/what-to-expect-as-new-york-faces-a-potential-fiscal-crisis.html

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Department of Health and Mental Hygiene - New …

(1 days ago) WEBAt the Fiscal 2023 Preliminary Capital Commitment Plan, the plan was reduced by $22.2 million, to $206.9 million for Fiscal 2022. The following are other major projects planned …

https://council.nyc.gov/budget/wp-content/uploads/sites/54/2022/03/DHMH-FINAL.pdf

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DiNapoli: NYC Health - Office of the New York State Comptroller

(Just Now) WEBIt is estimated that in New York, contract labor costs across health care systems and hospitals have increased by more than 110% of pre-pandemic levels, with …

https://www.osc.ny.gov/press/releases/2023/05/dinapoli-nyc-health-hospitals-struggles-temporary-staffing-costs

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Three Things to Know About New York City’s Budget Crisis

(6 days ago) WEBBut the better way to look at the size of the deficit is as a percent of revenues. After the budget modifications, the city is facing budget gaps of 6% of …

https://www.thecity.nyc/2023/11/22/three-things-nyc-budget-crisis/

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NYC faces a potential fiscal cliff with a nearly $10B deficit by 2026

(7 days ago) WEBPeople wait to board a train at the 47 -50 Sts - Rockefeller Center subway station on July 15, 2022, in New York City. The New York State Comptroller said …

https://www.cnn.com/2022/09/20/business/nyc-fiscal-cliff/index.html

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New York City Economic and Fiscal Monitoring Office of the New …

(7 days ago) WEBThe Office of the State Deputy Comptroller for the City of New York monitors New York City's fiscal condition, assists the New York State Financial Control Board, and …

https://www.osc.ny.gov/osdc

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What to Look for in the New York City November 2023 Financial Plan

(9 days ago) WEBPer diem rates for services continue to climb, increasing to $394 per day per household in August 2023, up from $363 in January 2023.3. The City is likely to reflect …

https://cbcny.org/research/what-look-new-york-city-november-2023-financial-plan

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New York Is Teetering on a Fiscal Cliff CBCNY

(8 days ago) WEBNovember 07, 2023. The original op-ed can be found here. By Tom DiNapoli and Andrew Rein. As public and private watchdogs over New York City’s fiscal health, our mandate …

https://cbcny.org/advocacy/new-york-teetering-fiscal-cliff

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Behind the Fiscal Curtain: Forgotten Lessons from the 1970s NYC …

(3 days ago) WEBOne of the key contributors to New York City’s fiscal crisis was inadequate oversight of the City’s finances. In addition to the creation of the MAC, the New York …

https://rockinst.org/blog/behind-the-fiscal-curtain-forgotten-lessons-from-the-1970s-nyc-fiscal-crisis/

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New York’s Problems: Not Just The Budget - Forbes

(5 days ago) WEBNew York City’s Mayor Eric Adams has officially dropped his first budget for the 2023 fiscal year starting on July 1—$99.7 billion. (mostly health care), and social …

https://www.forbes.com/sites/richardmcgahey/2022/04/28/new-yorks-problems--not-just-the-budget/

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Taking Account of Rising Health Care Costs - The New York Times

(1 days ago) WEBA version of this article appears in print on , Section A, Page 2 of the New York edition with the headline: The Health Care Bills Building a Complex Maze. Order …

https://www.nytimes.com/2024/04/18/insider/medical-insurance-costs.html

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Fiscal Year 2022: Preliminary Budget Hearing - NYC Health

(2 days ago) WEBFinancial Performance YTD. Health + Hospitals has closed the first half of FY21 on track; we have beat our budget projections by 2%, achieving a net positive …

https://www.nychealthandhospitals.org/fiscal-year-2022-preliminary-budget-hearing/

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Mayor Adams Releases Executive Budget For Fiscal Year 2025

(7 days ago) WEBNEW YORK – New York City Mayor Eric Adams today released the City of New York’s balanced $111.6 billion Fiscal Year (FY) 2025 Executive Budget. Mayor …

https://www.nyc.gov/office-of-the-mayor/news/304-24/mayor-adams-releases-executive-budget-fiscal-year-2025-making-significant-sustainable

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Fiscal Challenges Facing the New York City Health and Hospitals

(8 days ago) WEBDespite its importance, HHC’s financial picture is troubled. In fiscal year 2013, HHC ran a deficit of $668 million; final numbers for fiscal year 2014 have not …

https://cbcny.org/research/fiscal-challenges-facing-new-york-city-health-and-hospitals-corporation

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NYC Health + Hospitals

(3 days ago) WEBFederal funding in the Executive Plan decreases by $442 million in Fiscal 2023 and increases by $672 million in Fiscal 2024 when compared to the Preliminary Plan. Aid to …

https://council.nyc.gov/budget/wp-content/uploads/sites/54/2023/05/HH.pdf

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Fiscal Year 2023: Preliminary Budget Hearing - NYC Health

(2 days ago) WEBNYC HEALTH + HOSPITALS Monday, March 21, 2022. New York City Council Fiscal Year 2023 Preliminary Budget Hearing. Good morning Chairperson …

https://www.nychealthandhospitals.org/fiscal-year-2023-preliminary-budget-hearing/

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Governor Hochul Announces Historic Investments of FY 2025 New …

(9 days ago) WEBInvests $35.5 Billion In Medicaid to Support New York’s Health Care System. "I promised to fight for New Yorkers and tackle the thorny issues, and that’s …

https://www.governor.ny.gov/news/governor-hochul-announces-historic-investments-fy-2025-new-york-state-budget

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NYC Comptroller Wins $2.7M+ in Back Wages for Healthcare …

(5 days ago) WEBNew York, NY — The New York City Comptroller’s Office reached a monumental settlement with Winston Support Services, LLC (Winston) for prevailing …

https://comptroller.nyc.gov/newsroom/nyc-comptroller-wins-2-7m-in-back-wages-for-healthcare-workers-contracted-by-nyc-health-hospitals/

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Is there a downside to mandatory reporting laws meant to protect

(Just Now) WEB: Shots - Health News Colorado is looking at ways to weed out false reporting of child abuse and neglect as the number of reports reaches a record high. New York …

https://www.npr.org/sections/health-shots/2024/04/25/1247021109/states-find-a-downside-to-mandatory-reporting-laws-meant-to-protect-children

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Fact Sheet on FTC’s Proposed Final Noncompete Rule

(6 days ago) WEBReduced health care costs: $74-$194 billion in reduced spending on physician services over the next decade. New business formation: 2.7% increase in the rate of …

https://www.ftc.gov/news-events/news/press-releases/2024/04/fact-sheet-ftcs-proposed-final-noncompete-rule

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What the New Overtime Rule Means for Workers

(6 days ago) WEBThe Department of Labor’s new overtime regulation is restoring and extending this promise for millions more lower-paid salaried workers in the U.S.

https://blog.dol.gov/2024/04/23/what-the-new-overtime-rule-means-for-workers

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Inside the Crisis at NPR - The New York Times

(1 days ago) WEBNPR employees tuned in for a pivotal meeting late last year for a long-awaited update on the future of the public radio network. After many tumultuous months, marked …

https://www.nytimes.com/2024/04/24/business/media/npr-uri-berliner-diversity.html

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Southwest to stop service to 4 airports in wake of rising losses and

(Just Now) WEBSouthwest Airlines announced Thursday it will stop serving four airports after reporting increased losses in the first quarter and more delays in the delivery of …

https://www.cnn.com/2024/04/25/business/boeing-problems-southwest-ends-service-4-airports/index.html

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Many mental-health conditions have bodily triggers - The Economist

(Just Now) WEBPrevious attempts to find causal mechanisms for mental-health conditions have run into difficulty. In 2013 the National Institute of Mental Health, an American …

https://www.economist.com/science-and-technology/2024/04/24/many-mental-health-conditions-have-bodily-triggers

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A.I. Start-Ups Face a Rough Financial Reality Check

(Just Now) WEBSince mid-March, the financial pressure on several signature artificial intelligence start-ups has taken a toll. Inflection AI, which raised $1.5 billion but made …

https://www.nytimes.com/2024/04/29/technology/ai-startups-financial-reality.html

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SoFi Stock Falls After Second-Quarter Earnings Outlook Disappoints

(6 days ago) WEBSoFi Technologies posted better-than-expected revenue and income for last quarter, fueled largely by its financial-services and technology platform segments. Its …

https://www.wsj.com/livecoverage/stock-market-today-earnings-04-29-2024/card/sofi-stocks-falls-after-second-quarter-outlook-disappoints-5VCLZ1fzGzQ6gFkY7Hs8

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Leader of Federal Student Aid Office Steps Down - The New …

(5 days ago) WEBRichard Cordray, the former leader of the Consumer Financial Protection Bureau, in 2018. He has led the Federal Student Aid office since 2021.

https://www.nytimes.com/2024/04/26/us/politics/federal-student-aid-fafsa-cordray.html

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Spotify’s Daniel Ek Wants to Democratize Full-Body Scans - The …

(9 days ago) WEBThe Spotify chief has co-founded a new start-up, Neko Health, that aims to make head-to-toe health scans part of the annual health checkup routine. Bernhard …

https://www.nytimes.com/2024/04/27/business/dealbook/daniel-ek-neko-health.html

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