Latest

For the third time in as many years, a state Senate committee has approved and sent to the Senate floor a bill that would lock in tens of billions of dollars worth of unfunded retirement health insurance coverage promised to New York government employees. The bill in question, sponsored by Republican Sen. Andrew Lanza of Staten Island, is designed to prevent state and local government employers from even attempting to restructure other post-employment benefits (OPEB) without first bargaining such changes with public employee unions. Read More

State Comptroller Thomas DiNapoli has officially confirmed what federal inflation statistics were already telegraphing: New York's statutory cap on local school property tax levies will be just a hair above zero for 2016-17 school year budgets, which will be submitted for voter approval in May. Read More

In his combined State of the State and budget message last week, Gov. Cuomo officially unveiled $100 billion in “transformative" infrastructure projects — enough to “make Governor [Nelson] Rockefeller jealous.” That wouldn’t be easy, even if it were desirable. To finance a 15-year building binge that included most of the State University system — not to mention countless other capital projects capped by Albany’s monstrously modernist Empire State Plaza — New York’s legendary Republican governor from 1959 to 1973 quintupled state debt. Cuomo clearly hopes his plans will be perceived as Rockefeller-esque in scope. So how does he plan to pay for it all? The answer: for the most part, he doesn’t. Read More

New Yorkers now can scrutinize more state pork-barrel spending details than ever, thanks to a newly expanded feature on SeeThroughNY, the Empire Center’s transparency website. Recipient names and amounts for nearly 4,000 state grants totaling more than $600 million, including more than 500 approved on the final day of the 2015 legislative session, were added to SeeThroughNY today. Read More