Mind the stampede on your way out — New York has lost 1.6 million residents to other states in the past decade, according to a new report from the Empire Center for State Policy. That’s the rough equivalent of having the entire city of Philade Read More
The state's new 2 percent property tax cap could be exceeded in hundreds of communities next year after a double-digit rise in public employee pension costs, which are exempted from the limit. Taxpayer-financed pension charges overall will increas Read More
An analysis by the Manhattan Institute says New York's cities will be hit especially hard by rising public pension costs. The institute's E.J. McMahon says cities that already have the most fiscally stressed local governments will be hit with much Read More
As a share of population, New York said goodbye to more residents in the last decade than any other state. According to a stunning new report by the Empire Center, a project by the Manhattan Research Institute, more than 1.6 million New Yorkers moved Read More
A contract agreement between the Dunkirk firefighters and the Common Council is definitely a step in the right direction. Last week, council voted unanimously to approve the three-year deal for the firefighters, which included a 3 percent raise in Read More
The Empire Center – in its latest look at soaring pension costs – found that 13% of the cops and firefighters from outside of New York City who retired last year received pensions of $100,000 or more. Most of the 125 new retirees worked for ag Read More
Retiring has never been so lucrative -- if you’re a participant in the state’s Police and Fire Retirement System. Of last year’s system retirees, 13 percent qualified for a six-figure pension, up from under 2 percent in 2000, a conservative Read More