In recent memory, New York’s budget negotiations typically end with the good, the bad, and the big ugly. Is it time to change the way the state budget is negotiated? We recapped this morning’s event on the topic with EJ McMahon, Founder and Research Director of the Empire Center, and former Assemblyman Richard Brodsky. Read More
Tag: Budgets
The Empire Center for Public Policy earlier this week came out with its regular update on how much New York state government spends on local projects that have little to do with state needs like infrastructure and social programs and more to do with helping local state legislators get re-elected. Read More
Moving the start of the state fiscal year to July 1 and establishing a Legislative Budget Office are among the recommendations of the Empire Center to improve accountability in the budget process. Read More
A new analysis by the Empire State Center for Public Policy examines how the SAM program funded “pork barrel” capital projects across the state in the past year. Lawmakers have voted every year to authorize raising several hundred million dollars in borrowing for the program. Since the program was established in 2013, more than $2 billion in total public debt has been created. Read More
All together, these and a few other adjustments results in total spending increasing by $4.7 billion for this year, according to the Empire Center. Read More
New York lawmakers and Governor Andrew Cuomo last year tapped their favorite slush funds for more than $500 million in pork barrel spending, according to the latest tally posted at our SeeThroughNY transparency database. And before the current session ends in two weeks, the Legislature could once again jack up its favorite pork appropriations. Read More
This year marks the 90th anniversary of New York State’s first Executive Budget, presented by Governor Franklin D. Roosevelt in January 1929. Constitutional amendments establishing the Executive Budget process had been approved by New York voters in November 1927, capping a more than decade-long bipartisan effort to bring order to what had been a shambolic and fiscally profligate legislative budget process. Read More
The balance of unspent money in the Essential Plan Trust Fund ballooned to a new high of $1.2 billion as of March 31, records from the comptroller's office show. The surplus more than tripled since the same time last year – even as the Trump administration disrupted federal aid for the program, which provides health coverage to low-income New Yorkers, and the Cuomo administration diverted $635 million in Essential Plan funds to subsidize struggling hospitals. Read More
