New York City's Fiscal and Financial Situation: Hearings ..., Ninety-fifth Congress, Second Session, Feb. 21, 1978-, Dio 1U.S. Government Printing Office, 1978 |
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Stranica 15
... fiscal reform sufficient to achieve two end objectives : one , recurring balanced budgets at the end of the planned period ; and two , largely as a concomitant thereof , the restoration of the City's credit and its ability to borrow ...
... fiscal reform sufficient to achieve two end objectives : one , recurring balanced budgets at the end of the planned period ; and two , largely as a concomitant thereof , the restoration of the City's credit and its ability to borrow ...
Stranica 45
... fiscal gimmicks remain with us , and the City needs additional time we predict a period of 4 years - in which to complete the process of reform . Mr. STEERS . Mr. Chairman , if I have any further time , I would like to turn it back to ...
... fiscal gimmicks remain with us , and the City needs additional time we predict a period of 4 years - in which to complete the process of reform . Mr. STEERS . Mr. Chairman , if I have any further time , I would like to turn it back to ...
Stranica 132
... fiscal problems but investors may also have been con- cerned that New York City's problems might have affected the ability of New York State to assist other municipalities financially . However , bonds of cities outside New York State ...
... fiscal problems but investors may also have been con- cerned that New York City's problems might have affected the ability of New York State to assist other municipalities financially . However , bonds of cities outside New York State ...
Stranica 133
... fiscal condition.16 Variables through 10 in Table 1 can be broadly described as fiscal characteristics . It would be expected that the greater a city's debt outstanding relative to its taxing ability , the higher would be the ...
... fiscal condition.16 Variables through 10 in Table 1 can be broadly described as fiscal characteristics . It would be expected that the greater a city's debt outstanding relative to its taxing ability , the higher would be the ...
Stranica 136
... fiscal problems . As a result , it is very tempting to conclude that the market demanded a premium on the securities of these cities because of their proximity to New York City and the intense publicity surrounding their fiscal ...
... fiscal problems . As a result , it is very tempting to conclude that the market demanded a premium on the securities of these cities because of their proximity to New York City and the intense publicity surrounding their fiscal ...
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$1 billion American Stock Exchange amount apartment Arthur Levitt balance bankruptcy banks BARNARD believe BIGEL borrowing budget building capital CAPUTO Chairman MOORHEAD Chapter City bonds Committee Comptroller Congress Congressman continue control and rent costs court creditors decontrol default dollars economic employees fact Federal Government Federal guarantees Financial Plan fiscal Four Year Plan going GOLDIN Governor CAREY housing income increase investment investors issue June 30 KELLY labor LAFALCE landlord legislation legislature LEVITT long-term financing LUNDINE MAC bonds Mayor Koch MCKINNEY ment million Municipal Assistance Corporation municipal bond negotiations obligations payments pension funds percent period problems profit proposed question real estate taxes reduced rent control rent stabilization rental Response revenues ROHATYN seasonal financing seasonal loan Secretary BLUMENTHAL securities Senate short-term statement subcommittee superprofits tenants Thank tion Treasury United York City York City's Yorkers
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