Gov. Andrew Cuomo will propose a new pension tier that will offer the option of a defined contribution retirement plan -- similar to a 401(k) investment account -- for new government employees, people briefed on the measure said. Appearing on Long Read More
Voters casting ballots Tuesday on whether or not to support their local school budgets might influence a much larger issue: the possible imposition of a statewide property tax cap. Gov. Andrew Cuomo is currently touring the state pushing the Democ Read More
Gov. Andrew Cuomo will soon announce a proposal for a new, less generous pension system for future state, local and school employees that is designed to save taxpayers $93 billion over 30 years, according to two officials briefed on the plan. The Read More
Continuing on the subject of New York pensions, the public has an absolute right to know who is getting paid and how much they are receiving. And a Manhattan Supreme Court justice's ill-considered ruling to the contrary must be reversed. Lawyers f Read More
Should there be a searchable database to know how state and local tax dollars are spent? One already exists, but getting continued access to the needed information could be in jeopardy. On Thursday, a state appellate court in Manhattan was asked t Read More
Finger Lakes residents paid higher effective tax rates last year than their peers in any region in the state except Western New York, an analysis by the Empire Center found. The median rate in the Finger Lakes region — defined as Ontario, Seneca Read More
With rent regulations set to expire in less than a month, pressure is mounting on lawmakers to get a bill passed. On Tuesday, legislative leaders reached an agreement on a property tax cap, but now the extension of current rent laws remains in que Read More