And speaking of debt: in its latest on the newly adopted New York City budget, the state Financial Control Board says the city's unfunded liability for "other post-employment benefits" (OPEB) could approach $100 billion in three years. As shown in th Read More

Compensation and employment trends in the private and public sectors diverged during the Great Recession. And while there has been belated retrenchment in government, the indicate the private sector still has a lot of catching up to do in New York S Read More

As if it wasn't bad enough that New York imposes , the Empire State's patchwork system of local property tax administration is rated the nation's worst in a new scorecard compiled by a corporate-sponsored tax organization. The assigned New York a Read More

Usually, people don't notice infrastructure until something's wrong with it, as with New York's . So, let's hand it to Con Ed for what we don't notice: even as New York's temperatures hit records on a weekday, the lights are still on. Good job! Read More

John Murphy, director of the New York City Employee Retirement System (NYCERS) from 1990 to 2005, says disclosure of pension recipients has been routine in the past and is essential to guard against misuse of taxpayer money in the future.  Reacting Read More

New York State's 2010-11 2011-12 fiscal year appears to be off to a good start. Tax collections for the first quarter of the year were nearly $800 million above Governor Andrew Cuomo's initial budget projections, according to the June cash report posted today by state Comptroller Thomas DiNapoli. Read More

The Daily News ran a today by two Competitive Enterprise Institute scholars, F. Vincent Vernuccio and Adam Michel. In the piece, the authors assert Read More

Transport Workers Union local chief John Samuelson today to in last week's Post: When thelays off transit workers, there isn't less work -- just fewer workers doing more to keep the system going.That means more overtime, Read More

Gov. Andrew Cuomo faced two public-sector labor relations challenges when he took office.  The first was to negotiate contracts with state employee unions that would produce both short-term and recurring savings to help stem the flow of red ink in h Read More