The seemingly slapdash nature of Gov. Andrew Cuomo's proposed $2 billion education bond was reinforced during Tuesday's budget address when the gambit got a makeover. Read More
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The last update to New York State’s financial plan, issued in early November, projected state operating funds budget gaps as far as the eye could see. Nothing new there: out-year projected shortfalls have been a feature of state budgets in New York since the current accounting system was enacted 30 years ago, and Governor Cuomo could accurately argue the gaps have gotten smaller on his watch. Read More
Rising debts and liabilities for pensions and retiree health care could soon translate into higher borrowing costs for at least nine New York local governments, including a half dozen of the largest counties and towns in the state. They’re facing possible bond rating downgrades as part of a nationwide review of local ratings by Moody’s Investors Service. Read More
Public subsidies of sports arenas, stadiums and ballparks “cannot be justified on the grounds of local economic development, income growth or job creation, those arguments most frequently used by subsidy advocates.” Read More
A new state Senate Majority report on burdensome state regulations provides more backup for the Empire Center’s recent call to reform New York’s environmental planning review process. Read More
In his State of the State message last week, Gov. Cuomo once again cited the new Tappan Zee Bridge as a symbol of his ability to move forward on big, important infrastructure projects. But the governor hasn’t leveled with commuters and truckers on what they’ll be paying for this progress. Hint: a lot more than they do now. Read More
A full year after the official start of construction on a replacement for the Tappan Zee Bridge, Governor Cuomo still isn’t leveling with New Yorkers on how he will pay for the $4 billion project, Nicole Gelinas and I write in a New York Post op-ed today. Read More
New labor contracts for 52 teachers’ unions and 104 school superintendents, ratified since July 1, 2013, are now available on www.SeeThroughNY.net, the Empire Center’s government transparency website, which is home to the most complete public collection of collectively-bargained school district contracts in the state. Read More