After another year of low inflation, most local governments will again base their tax caps on a growth factor of less than one percent. Read More
Category: Blog
State Comptroller Thomas DiNapoli accentuates the negative in a new audit of the state’s Medicaid managed care program, faulting two participating insurers for “wasting millions of state Medicaid dollars.” But he omits two important pieces of context. Read More
New York emerged as the second-costliest state for employer-sponsored health insurance after its premiums rose at more than three times the national rate in 2015. Read More
The best news to come out of the final days of the 2016 legislative session may have concerned what didn’t pass. Read More
START-UP NY, New York’s signature economic development program, made headlines for creating just 408 jobs in its first two years of operations. However, bigger disappointments may lie ahead. Read More
Yesterday marked the end of a second straight sub-par fiscal year for most of the nation's state and local public pension funds, including all five New York City funds and the New York State Teachers' Retirement System (NYSTRS). Read More
Some of New York State’s major transportation infrastructure projects are now benefiting from expanded use of the design-build process—but a costly pro-union rider has been attached to proposed legislation extending design-build authorization to public works financed by New York City, and could set a troubling precedent. Read More
New York's Legislature couldn't leave town without making it easier for the music and gaming industries to collect up to $50 million a year in tax subsidies, modeled after the state's existing (and outrageous) giveaway to film and TV producers. Read More