Key state lawmakers are introducing what would be the largest state bond issue in New York’s history — a $5 billion environmental bond act. Read More
Month: June 2013
The year-to-year rate of job creation in upstate New York remained notably weaker than the average for the rest of the state or the nation as a whole last month, according to the latest data from the state Department of Labor (DOL). Read More
Maybe the nation’s CEOs don’t watch enough TV, or perhaps they lack a sufficient appreciation for Jay-Z and Alicia Keys. Read More
Based on inflation trends through the first 11 months of 2013, it looks like the starting point for property tax levy caps affecting 2014-15 school budgets across New York will be lower than 2 percent. Read More
Nassau County Executive Ed Mangano has reached a tentative contract deal with the Nassau Police Benevolent Association (PBA). That’s what Nassau residents have been told via Newsday and the other Long Island news media, at any rate. Read More
The biggest of the almost-new taxes in Governor Cuomo’s “no new taxes” budget is being targeted for elimination by state Senate Republicans. They were joined today by business and industry representatives in calling on Cuomo to remove the extension of the Section 18-A “assessment” from his budget proposal. Read More
Senate Republicans have issued a preliminary report laying out a series of state tax reform options and recommendations while also calling for a 2 percent cap on state spending to generate a “freedom fund” to pay for further tax reductions. Read More
The state Senate’s one-house budget puts its own twist on Governor Cuomo’s dubious pension “smoothing” plan. The Senate version would give the state, as well as localities and school districts, the option of significantly under-paying pension contributions over the next few years... Read More