New York State's Dedicated Highway and Bridge Trust Fund (DHBTF) was created in 1992 to provide a sustainable source of financing for ongoing transportation maintenance needs. But since the mid-1990s, an increasing share of the fund's revenues--pri Read More
The fall in New York State tax revenues over the past year has been concentrated among wealthy taxpayers, indicates. Read More
Should New York State voters be asked to approve a $5 billion "Clean Water, Clean Air & Green Jobs Bond Act" this year? That question will be the focus of a public hearing the state Assembly will hold on May 27 in Albany. Read More
Well, what do you know? Barely a month after its enactment, New York State's biggest income tax hike since 1961 has already driven away one of the Empire State's wealthiest and most productive residents. Make that former Read More
Benjamin Kabak of 2nd Ave. Sagas has , with a discussion of an "uncomfortable issue": whether or not the pension and healthcare benefits that the MTA's unionized subway and bus workers receive are reasonable. Kudos to Benjamin for addressing an issu Read More
New York State's school boards are for the relatively low levels of nominal spending growth in their proposed 2009-10 budgets, which will be submitted to local voters across the state next week. But in real terms--adjusting for the annual inflatio Read More
Annual health insurance premiums for active and retired state government employees in New York have risen $1.6 billion (128 percent) since fiscal 1999-2000 and are expected to increase by another $838 million (30 percent) over the next four years, ac Read More
Yale school of management prof Jeffrey Garten writes in that a Beijing-led financial-services partnership between Hong Kong and Shanghai (Shangkong, the headline writer says) could provide serious competition to New York and London as a global fin Read More