N.Y. Tax Follies by E.J. McMahon | | New York Post

Thanks to state budget gridlock in Albany, New York City homeowners will have to wait at least a little longer for Mayor Bloomberg's $400 property tax rebate.

A Half-baked Effort at Budget Reform by E.J. McMahon | | Albany Times Union

Seeking to divert attention from their failure to adopt a budget on time for the 20th consecutive year, state legislative leaders have unveiled a budget reform package that will do little to fix New York's dysfunctional budget process. In many respects, it could actually make things much worse.

Better Late Than Larger by E.J. McMahon | | New York Post

New York state legislative leaders reportedly are still optimistic that they can produce an on-time budget for the first time in two decades. This, says state Comptroller Alan Hevesi, "would be a tremendous achievement."

Bringing Competition to Albany by E.J. McMahon | | New York Sun

Faced with a $6 billion budget gap, New York state desperately needs to stretch taxpayer dollars and do more with less. One of the prime solutions can be summed up in a single word all too rarely found in Albany's bureaucratic lexicon: competition.

The Biggest Bonding Boondoggle by E.J. McMahon | | New York Sun

Under cover of the summer doldrums, Mayor Bloomberg's budget staff is feverishly putting the finishing touches on one of the biggest bonding boondoggles in New York State's history.

A Looming Storm by E.J. McMahon | | New York Post

After a winter and spring filled with budgetary "doomsday" talk in City Hall, New York's latest fiscal crisis has been interrupted by an eerie, eye-of-the-storm calm. In the space of two months, Mayor Bloomberg's demands for union concessions and program cuts gave way to unilateral budget restorations and celebratory photo ops with City Council leaders.

City Budget Rises Another $1.4 Billion by E.J. McMahon | | NY Torch

Despite a continuing economic slump and the most serious municipal fiscal crisis in a quarter-century, the New York City budget is growing at nearly twice the inflation rate.

Taxing ‘Til We Drop by E.J. McMahon | | New York Post

By any standard, the revenue bill passed by the state Legislature last week was a real blockbuster - raising taxes on a scale that would dwarf anything enacted during the rolling fiscal crisis that punctuated Gov. Mario Cuomo's tenure.
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