Government

COVID-19 and the resulting economic shutdown have been hard on local governments, and now may be a good time to weigh whether the trained eyes of outside accounting services can help put your Town, Village or City back on track. In the best of times, officials in New York’s cities,

Local municipalities in New York searching for ways to save money in the face of the ongoing COVID-19 pandemic should take a hard look at whether sharing services with other local governments is feasible. In 2017 New York launched its Shared Services Initiative, asking counties to convene shared services panels

COVID-19 has left many New York municipalities short on cash as they grapple with a triple threat: falling sales tax revenues, holds on state aid, and unexpected expenses due to the pandemic. Short-term borrowing strategies can provide local governments with the funds to stay afloat until property tax payments or

Local governments in New York provide a wealth of services to their residents: water and sewer, parks and recreation, police protection, trash and recycling pickup, zoning and planning. If the municipality charges appropriate fees, the types of services that draw people to a given town, village or city can be

COVID-19 has left many New York municipalities short on cash as they grapple with a triple threat: falling sales tax revenues, holds on state aid, and unexpected expenses due to the pandemic. Short-term borrowing strategies can provide local governments with the funds to stay afloat until property tax payments or

As New York local governments cast about for strategies to manage funds and generate revenue to weather the economic hardships of the COVID-19 pandemic, some could benefit from a little-known provision of New York law that allows municipalities to borrow from one another. Because municipalities in different parts of the

As towns, villages, cities, and counties in New York deal with the economic fallout of COVID-19 in their own finances and on those of their taxpayers, it is a good time to consider an independent budget review to ensure that elected officials are doing all they can do to manage

Municipal governments in New York looking for ways to generate revenue can consider improvement districts, such as business improvement districts, to fund needed services in high-demand areas without imposing an undue burden on other taxpayers. New York State enacted legislation allowing for the creation of business improvement districts (“BIDs”) in