The Bloomberg administration has ordered public-school principals to stop allowing private teaching assistants -- whose wages are paid by parent groups -- to work in their schools, the Times . The directive came after a complaint from the t Read More

Today's from state Comptroller Tom DiNapoli says first quarter tax collections were $487 million below projections, in line with the trend reflected in Taxation and Finance data . DiNapoli's chose to focus on the bright side, noting that gene Read More

Don't look now, but there's a nasty pool of red ink spreading beneath the state's budget.  If are any indication of things to come, Governor Paterson and the state Legislature need to start cutting right away. Read More

The state comptroller's cash report for the first quarter ought to be coming out any day now -- perhaps as soon as today.  Tax collections through June are likely to have fallen below the April 1 projections for the quarter, feeding the widespread a Read More

New York's state tax base would take another huge hit under over the next 10 years. Our on the tax plans of the presidential candidates explained that changes in federal tax rates have a direct impact on the income tax revenues of New York State Read More

Goldman Sachs its earnings today, with a $3.4 billion profit for the quarter. For the three months of the year ended in June, Goldman's spending on workers' salaries and benefits was up 47 percent from the , to $6.6 billion. This compensation spen Read More

The Empire State will "shell out nearly $1 million to construct signs to put up near stimulus-funded projects, just to tell us it's a stimulus-funded project," .  Governor Paterson doesn't seem to have a problem with it, though. Read More

Here's a rule of thumb for interpreting news media coverage of state and local fiscal crises: the further away the crisis is, the more likely the news account will portray the officials reponsible as victims of economic forces beyond their control.  Read More


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