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Third Rating Agency Turns New York City Outlook Negative, Citing Structural Gaps

The shift heightens pressure on City Hall to replace one-time fixes with recurring savings.

New York Legislature Backs Higher Taxes for NYC in One-House Budgets, Setting Up Clash With Hochul

San Francisco Orders Cuts to 500 City Jobs as Budget Office Seeks $100 Million in Savings

New Orleans Seeks $125 Million Bridge Loan as Payroll Risk Intensifies

Johnson Rejects Property Tax Hike After CFO Signals Likely Increase