Nearly half of the 669 school districts seeking voter approval for budgets on Tuesday, May 16 are presenting spending plans that call for increasing property taxes as high as the 2011 property tax cap law allows, according to an analysis released today by the Empire Center for Public Policy. Read More
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Recent amendments to the House Republican health plan, which is heading to a potential vote this week, have done little to improve it from New York’s point of view. Read More
Eight employees of the Metropolitan Transportation Authority (MTA) were paid more than $200,000 in overtime last year, part of a general surge in MTA overtime in 2016, according to data posted today on SeeThroughNY.net, the Empire Center’s transparency website. Read More
Wednesday, Mayor de Blasio presented a fiscal 2018 Executive Budget that called for pension contributions totaling $9.6 billion — another all-time high. Yet city pension plans remain significantly underfunded even by lenient government accounting standards, posing a big risk to New York’s fiscal future. Read More
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With a line-item veto last week, Governor Cuomo put a last nail in the coffin of a good idea that was never given a chance by Albany: analyzing the costs and benefits of health insurance mandates before passing them into law. Read More
From a New York perspective, the proposed repeal of itemized deductions for state and local tax payments was the (expected) headline item in the rough outline of a tax reform presented in Washington today by Trump administration officials. Read More