TITLE

N.Y. Needs Fiscal Reform, Better Interaction With Local Governments, Survey Says

AUTHOR(S)
Whalen, Robert
PUB. DATE
June 2006
SOURCE
Bond Buyer;6/1/2006, Vol. 356 Issue 32393, p55
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the proposal of the Citizens Budget Commission (CBC) to change the way the government borrows, budgets and interacts with local governments in New York. The CBC recommends the state to lower capital spending or increase pay-as-you-go cash financing, avoid using debt to compensate operating deficits, and incorporate the capital programs of authorities with the state's capital plans to improve efficiency.
ACCESSION #
21118735

 

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