N.Y.C.'s STAR Corp. Remains Secure With Credit Ratings
- The Permanent Right to Sell Bonds Via Negotiation in N.Y. Heats Up. McKaig, Ryan // Bond Buyer;7/18/2001, Vol. 337 Issue 31183, p36
Reports issue regarding the authorization of municipalities to sell debt through negotiation in New York, New York. Proposal of the city to sell a general obligation (GO) bond issue;Reason for the delay in the sale of GO issue; Views of the city officials on the GO sale negotiation;...
- New York's $2.6B MAC Deal Set for Week of Oct. 25. McDonald, Michael // Bond Buyer;10/13/2004, Vol. 350 Issue 31988, p7
The article reports that New York City plans to be in the market with its long awaited and controversial $2.6 billion Municipal Assistance Corp. debt refinancing. The bonds are secured with $5.1 billion of state sales tax revenue that the state legislature agreed to give to the city over 30...
- N.Y.C.'s STAR Sale, Massachusetts Deals Highlight Calendar. Albano, Christine // Bond Buyer;10/25/2004, Vol. 350 Issue 31996, p6
Reports on the sale of bonds of New York City's Sales Tax Asset Receivable (STAR) Corp. Value of the refinancing that STAR will sell; Addition of two Massachusetts deals in the sale; Components of the STAR deal.
- NYC Delays $650M GO Sale Till Nov. 3. McDonald, Michael // Bond Buyer;10/26/2004, Vol. 350 Issue 31997, p2
The article reports that New York City plans to sell $650 million of general obligation bonds next week in a deal that will include a $100 million taxable tranche. The new-money deal was originally scheduled for this week but was delayed to accommodate the city's $2.6 billion Sales Tax Asset...
- Panelists Optimistic About N.Y.C. Meeting Unprecedented Challenge. McKaig, Ryan // Bond Buyer;12/5/2001, Vol. 338 Issue 31278, p1
Highlights The Bond Buyer's Inaugural National Public Finance Conference on fiscal challenges faced by New York City. Federal aid approved for New York; Ratings of the city by credit rating agencies; Estimated budget balance for 2002 and 2003.
- Government. // Crain's New York Business;7/4/94, Vol. 10 Issue 27, p24
Presents information on the city government of New York as of 1993. Government spending; Tax revenues and tax reduction program; Government jobs.
- Vallone bucks Rudy's veto. Harrington, John // Crain's New York Business;12/5/94, Vol. 10 Issue 49, p42
Reports that the City Council of New York, led by Speaker Peter Vallone, overrode Mayor Giuliani's veto of its budget restorations. Support from State Comptroller H. Carl McCall.
- New York City's plan to save surplus draws rave reviews from analysts. Kruger, Daniel // Bond Buyer;12/02/97, Vol. 322 Issue 30283, p5
Reports on the reaction to the plan by New York City to set aside $240 million of its $318 million in unforecast revenue for its rainy-day fund. Praise given to the decision by analysts; Control which the city has kept over its finances; Conservative nature of its budgeting practices;...
- Winter's economic hardships. // Crain's New York Business;2/14/94, Vol. 10 Issue 7, p26
Reports on the $21 million spent on clearing snow in New York City exceeding the $10 million budgeted for the fiscal year ending June 30, 1994. Number of laborers hired; Another reason why the city is losing revenue.