A federal appellate court has upheld a state-imposed freeze on pay increases for Nassau County employees—reaffirming the Legislature’s power to to every level of government i Read More
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Personal income growth in New York nearly flatlined in the first quarter of this year, reflecting the start of the economic shutdown triggered by the coronavirus crisis, according to by the federal Bureau of Economic Analysis (BEA). Revised BEA d Read More
Unlike its , New York's economic recovery began at a painfully slow rate during the normally buoyant month of May. the viral lockdown ordered by Governor Cuomo resulted in an economic catastrophe of historic proportions for the Empire State, culm Read More
The health insurance industry's rate applications for 2021, , reveal deep uncertainty about the long-term impact of the coronavirus pandemic on medical costs. Some companies an Read More
The pandemic-driven decline in sales tax revenues accelerated in May, when the local share statewide was down 32 percent from last year's levels, the state comptroller's office today. And as if their fiscal predicament wasn't bleak enough, munici Read More
While Governor Cuomo crawls further out on a fiscal limb, delaying threatened budget cuts in hopes of landing more federal aid, New York State is wrapping up its biggest short-term spring borrowing in 30 years. As listed on , the borrowing will ta Read More
New York City’s police department has come under criticism in recent days, with some city officials saying NYPD funding should be reduced. But many of the same New York City Council members Read More
New York school districts are of budgets that would raise their per-pupil spending by an average of more than four times the projected inflation rate. Most districts have propose Read More