Month: January 2023

A brewing fiscal crisis at One Brooklyn Health, which has received more than $1 billion in turnaround funding from the state, raises the question of whether that money has been well spent. Read More

Plans to lure a Canadian battery company to the Hudson Valley with a slew of government incentives, including job-creation tax credits, loans, and federal subsidies, appear to be a dud. It’s a reminder that when it comes to picking winners in the energy-storage space, taxpayers are often losers. Read More

Governor Hochul’s administration this week urged agency heads to keep their budgets flat next year. It's the most serious acknowledgement yet of state government’s looming financial shortfall. Read More

New York school districts face a multi-billion dollar unfunded mandate to convert to electric school buses. While the transition will cost between $8 and $15 billion above the cost of buying traditional buses, less than $1 billion in state and federal aid is likely to be available to help schools cover the cost. Read More

Class is in session across the state, and things are messy (especially in New York City).  Read More

Nursing homes that are struggling – and mostly failing – to comply with the state's two-year-old minimum staffing law would face even stiffer hiring challenges under newly proposed federal standards. Read More

The pension plan covering most New York city government agencies, including the City’s subway system, had 47 members with pension payments of at least $200,00 last year, 11 more than in 2021, according to Read More

The myth that New York can replace fossil fuel power plants with cheap renewable energy has begun to crumble under renewable developers’ demands for higher prices to offset inflation and supply chain challenges.  Read More