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NY budget relies on one-shot revenues worries analysts
Analysts criticize New York's 66 billion budget for depending on 1.3 to 1.5 billion in one shot revenues. Moody's and state officials warn these funds create budget holes and delay structural balance. Comptroller McCall reviews non recurring spending as Moody's weighs impact on the state's credit rating.
MENTIONED IN THIS ARTICLE
Albany
New York
Wall Street
H. Carl McCall
McCall
Steven
Greenberg
Rich Marino
Moody's Investor Service
Louisiana
Moody's
George Patak
Wns
Pataki
Assembly
Senate
Marino