Gotham Gazette

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Economic downturn

Economic downturn

  • What to Watch for as City Budget Season Begins

    de blasio budget 14

    The Mayor delivers a budget presentation (photo: Rob Bennett for the Office of the Mayor)


    For the next several months, New York City elected officials will be consumed with numbers. They’ll throw around terms like efficiencies, gaps, capital, expenses, revenues, and deficits as they go back and forth over how, where, and when the city should spend its money.

    Mayor Bill de Blasio will release his preliminary budget for fiscal year 2017 on Thursday, Jan. 21, setting off

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