The pension borrowing bill that just passed the Assembly and got through the Senate last night sparked a good 90 minute debate in the lower house with Republicans and Democrats squaring off over what they alternately termed reckless out-of-control ed Read More
Category: Media Coverage
The trustees of the city's largest public pension fund have agreed to live up to the transparency demanded by the state Freedom of Information Law. Good move. Many thanks. Meanwhile, the United Federation of Teachers thumbed its nose at the statut Read More
The New York State Legislature abruptly adjourned for the night late Thursday without voting on any of the highest-profile measures before it, including same-sex marriage. Two days after announcing an agreement on capping property taxes and expand Read More
The Beekmantown Central School Board of Education would like to set the record straight on the recent Letter to the Editor on pension spiking by John Sims and the WPTZ Editorial by President/General Manager Paul Sands. On pension spiking, the sala Read More
A bill to check the growth of property taxes became law late Friday night, a signature priority for business lobbies this year. The law prevents property taxes—often the biggest tax a business pays—from rising more than 2 percent a y Read More
Thousands of newly retired school administrators will earn more during retirement than most Californians will make during their working careers. The number of educators receiving $100,000-plus annual pensions jumped 650 percent from 2005 to 2011, Read More
The legislative session this year ended a week late, but it ended in extraordinary fashion: A property-tax cap and legalizing same-sex marriage were adopted on the same day. And that followed lawmakers and Gov. Andrew Cuomo agreeing earlier this m Read More
It's been debated for years: a tax cap limiting property tax hikes to two percent or the inflation rate, whichever is less. "By the way over the last year the rate of inflation was around one point six percent so if you did it right this year it w Read More