N.Y. Comptroller Announces Up to $4.15B in 3Q Debt
- New York to Sell $159 Million in GOs. Whalen, Robert // Bond Buyer;3/13/2006, Vol. 355 Issue 32337, p4
The article reports that New York will sell $158.5 million of taxable and tax-exempt general obligation bonds to finance general capital needs. The bonds will be sold in two series using i-Deal's Parity electronic bidding system according to Comptroller Alan Hevesi. The tax-exempt bonds will...
- N.Y. Comptroller Wants Board to Postpone Vote on Station Financing Plan. Cataldo, Adam L. // Bond Buyer;9/21/2006, Vol. 357 Issue 32471, p3
The article focuses on the request of New York Comptroller Alan Hevesi to delay the vote on a proposed financing plan for the new Moynihan Station in New York City. According to reports, the state's Public Authorities Control Board was to consider and possibly vote on a financing plan for the...
- 2nd Quarter Lineup. Larkin, Gary // Bond Buyer;4/19/2004, Vol. 348 Issue 31865, p39
Reports on the tentative second quarter schedule for the sale of debt announced by New York Comptroller Alan Hevesi. Estimated total amount needed for new-money borrowing; List of administrative agencies who participated in the sale; Proceeds of the bond sale.
- State needs to rethink transportation funding plan. Khasru, B. Z. // Westchester County Business Journal;8/1/2005, Vol. 44 Issue 31, p36
The article provides information on the plans to fund transportation improvements in Albany, New York. In relation to the plan, the Thruway Authority proposed to borrow 2.9 billion dollars on a 20-year bond and will have to pay only the interest for the first 5 years. If the proposal is approve,...
- Hevesi Says N.Y.'s Debt Burden Will Grow to $65B in Five Years. Phillips, Ted // Bond Buyer;12/21/2006, Vol. 358 Issue 32533, p36
The article reports on the statement released by state Comptroller Alan Hevesi on debt burden in New York. According to Hevesi, the debt burden will grow by a third to nearly $65 billion in 2011. The New York City Transitional Finance Authority's building aid revenue bonds was singled out by...
- N.Y.C. needs long-term funding sources, comptroller urges. Kruger, Daniel // Bond Buyer;12/07/99, Vol. 330 Issue 30782, p6
Reports on New York City comptroller Alan G. Hevesi's projection that the city will run out of borrowing power in the fiscal year beginning July 1, 2000. Difficulty in repaying debts; Capital spending needs as estimated by the comptroller's office; Suggestion to use more pay-as-you-go spending...
- Hevesi endorses idea to use tobacco settlement on N.Y.C. capital projects. Kruger, Daniel // Bond Buyer;01/14/99, Vol. 327 Issue 30558, p5
Reports that New York City Comptroller Alan G. Hevesi is endorsing the idea that the city use its share of the multi-state tobacco settlement to fund capital projects on a pay-as-you-go basis in lieu of bonds. Use of the $1.3 billion share in renovations and construction in the city's school...
- N.Y.C.'s not planning to securitize aid to overhaul outmoded infrastructure. Kruger, Daniel // Bond Buyer;08/26/98, Vol. 325 Issue 30465, p6
Reports on New York City's announcement that it is not planning to securitize federal aid to overhaul outmoded infrastructure. Report by Comptroller Alan G. Hevesi titled `Dilemma in the Millennium'; Suggestions on how to meet the city's financing needs.
- State spending spree could bring fiscal woes. Khasru, B. Z. // Westchester County Business Journal;10/10/2005, Vol. 44 Issue 41, p44
The article reports on the probable financial misery that the New York state my suffer due to its spending spree. A report was issued by State Comptroller Alan Hevesi that found New York state's spending has outpaced the rate of inflation by nearly three times and has soared 26.2 percent since 2001.