The Empire Center's SeeThroughNY.net offers a new trove of payroll data on the city and public-authority governments. An analysis of the data shows how top-heavy New York City's public-sector payroll is compared to at least one other relevant downst Read More
New York City is record tourist travel to New York for this year. But broken down by quarter (numbers exclusively reported by FiscalWatch for the moment, although anyone can ask the city for them), the figures tell a more sober story. Read More
Of next year's expected $700 billion federal infrastructure stimulus package, New York state likely will get $4 billion for mass transit, with most of that money going toward city projects, including a second station on the planned extension westwa Read More
New York City projects a 1.8 percent decrease in sales-tax revenue this fiscal year, cutting $85 million out of cash receipts. But early post-Christmas estimates of holiday sales point up the likelihood that New York will further slash its sales-tax Read More
State comptroller Thomas DiNapoli, in a quest to become the Ghost of New York City Yet to Come, released his on the city's budget yesterday. The document illustrates starkly what is going to happen in New York if we do not face the inevitable. We'v Read More
Smart private-sector companies are aggressively slashing white-collar pay and benefits to get costs under control amid slumping revenues. New York's public sector, by contrast, has no such clear, assertive plan, even though the state* and the MTA to Read More
New York lost another 126,209 residents to other states during the 12 months ending July 1, according to newly released . The Empire State's loss to "net domestic migration" has reached 1,575,864 people since 2000 -- the most of any state's, toppin Read More
Gov. Paterson has released the state budget on a history-making day. For the first time ever, the Federal Reserve has cut the interest rate at which it lends to banks to as (and as high as a quarter of a percentage point). This action puts Paterson's Read More