The list of highest-paid MTA employees was topped by Jay Walder, the agency’s chairman and CEO, whose base salary in 2010 was $350,000, followed by seven other high-ranking MTA executives who earned between $241,341 and $285,331. Read More
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Yesterday, the New York Times accused the Republican-controlled state Senate of "" for failing to pass legislation setting up a state health insurance exchange in the waning days of the last legislative session. If the legislature doesn't pass a bill Read More
To follow-up on : According to the Bureau of Labor Statistics, the average weekly paycheck for a New York City worker in the private sector last year was $1,060, or $55,120. The MTA's $72,000 figure is about 31 percent higher. Read More
The Empire Center for New York State Policy has just released its 2010 payroll data for the state-run Metropolitan Transportation Authority (MTA). Results? The average MTA worker made more than $72,000 in salary and/or wages, overtime, and othe Read More
At least one leading bond counsel firm is issuing supplemental opinions to the effect that New York State's cap on local property taxes may violate the state Constitution's debt impairment provision. The lawyers' reasoning is unpersuasive, serving Read More
The Citizens Budget Commission has offered its take on New York City's budget for fiscal year 2012, which started last Friday. Read More
The Municipal Market Advisors research shop says today that in Minnesota and Colorado upholding states' rights to reduce cost-of-living pension increases for current retirees could affect municipal credit quality. Read More
The Port Authority of New York and New Jersey — the shared responsibility of elected officials in two states, with no direct accountability to taxpayers — is among the most generous of the region’s large public-sector employers, as reflected in payroll records posted today at www.SeethroughNY.net, the Empire Center’s transparency website. The new data include names, titles, locations, base pay and total pay received for those employees. Read More