School districts on Long Island and across New York State dodged a bullet last month when the legislature rejected Gov. David A. Paterson's call for a midyear cut in K-12 education aid. But their luck is about to run out. Savvy school officials al Read More
New York Gov. David Paterson proposed a state budget on Tuesday that uses a wide array of spending cuts, plus $1 billion of new taxes, to erase the state’s deficit. The proposed budget for the state’s 2010-11 fiscal year totals $134 billion, a Read More
The $134 billion state budget Gov. David Paterson proposed Tuesday is likely to undergo many changes before the state’s final 2010-11 spending plan is approved by legislators – and it usually goes up. During the previous five years, the budget Read More
New York Gov. David Paterson released a budget proposal Tuesday that seeks a 5 percent cut in school aid, as well as $1 billion in new taxes and fees. The $134 billion budget also addresses a $7.4 billion deficit. In addition to a $1.1 billion cut Read More
Back in 1975, as he took office, I heard Gov. Hugh Carey warn the Legislature and the people of New York: “The times of plenty, the days of wine and roses are over.” Thirty-five years later, Gov. David Paterson is trying to send a similar mess Read More
New York Gov. David Paterson's proposed budget cuts 5% from school aid and adds $1 billion in new taxes and fees, creating a plan that analysts mostly viewed as appropriate during hard times. But the package Gov. Paterson said would end "the era o Read More
Tax filers beware: Gov. Paterson's 2010-11 budget proposal would add hundreds of tax auditors in hopes of shaking every penny out of New Yorkers. Paterson wants $17 million to hire 330 new tax auditors, computer experts and compliance officers - a Read More
Gov. Paterson delivered a hard-times $134 billion spending plan yesterday that would slash school aid, deny hundreds of millions of dollars to the city's coffers, and raise taxes on soda and smokes. The bare-bones, 2010-11 budget would hold spendi Read More