Governor Cuomo’s 2014-15 Executive Budget would devote more resources to initiatives described as “tax cuts” than any state budget we’ve seen in quite a few years. This in itself is an encouraging sign of the recognition that New York needs to do more to shed its reputation as a high-cost, high-tax state. Read More
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Click headline for data table. Read More
Click headline for data table. Read More
Click headline for data table. Read More
The New York State Teachers’ Retirement System (NYSTRS) has officially confirmedpretty much what it predicted last fall: the taxpayer-financed pension contribution rate payable in the fall of 2015 will rise to 17.53 percent of teacher payrolls, or 1.28 percent above the contribution payable this coming September. Read More
The New York State Teachers’ Retirement System (NYSTRS) has officially confirmed pretty much what it predicted last fall: the taxpayer-financed pension contribution rate payable in the fall of 2015 will rise to 17.53 percent of teacher payrolls, or 1.28 percent above the contribution payable this coming September. Read More
Under the 2014 enacted budget, capital expenditures on highways and bridges were projected to total $19.742 billion by 2018. But under Cuomo’s latest budget proposal, the five-year total would come to $19,462, a decrease of $280 million from what was projected just a few months ago. Read More