Public Payroll Watch by Tim Hoefer | | NY Torch

Governor Cuomo pointed out at last week's budget presentation that New York school districts would find it easier to deal with a proposed cut in state school aid if they froze wages for teachers and administrators.  But given the attitude of most te...

Cuomo’s Nassau Test by E.J. McMahon | | New York Post

The challenges confronting Gov.-elect Andrew Cuomo won’t be limited to closing a state budget gap now estimated at between $9 billion and $11 billion. Cuomo and the Legislature will also need to respond to growing fiscal distress among New York’s local governments.

2009-10 NYS County, Municipal Payrolls Posted Online Press Releases

The names and salaries of 186,223 people who worked for New York’s county, city, town and village governments in 2009-10 today were posted in a searchable database at, the transparency website sponsored by the Empire Center for Public Policy.

Property Taxes: The Case for a Cap by Tim Hoefer | | Reports

Governor David Paterson has proposed legislation to implement a cap on school property tax levies in New York State. His original tax cap bill was passed by the state Senate in August 2008, but died in the state Assembly. Paterson's latest tax cap proposal was submitted to the Legislature on July 30, 2010.

Blueprint for a Better Budget by E.J. McMahon | | Reports

New York State is broke. Like a runaway train, New York's budget is in danger of running completely off the rails. It needs to be brought under control—before it's too late.

Financial complexity and the municipal swamp NY Torch

Yesterday, the Securities and Exchange Commission (SEC) announced a major settlement with J.P. Morgan Securities concerning the fascinating municipal-corruption case of Jefferson County, Alabama. Under the deal, J.P. Morgan, which doesn't admit or de...