New York state’s mid-year financial plan update was due on Oct. 31, and state agency heads were scheduled to present their budget requests at hearings last week. Read More
Tag: Budgets
During his first six months in office, New York governor Andrew Cuomo pulled off something of a fiscal trifecta: closing a $10 billion state-budget gap without raising taxes, capping local-property-tax levies, and wringing concessions out of state-government labor unions. Read More
For all of Andrew Cuomo’s good intentions, Albany’s muck remains as deep as ever, with a projected 2010-11 state budget shortfall approaching $10 billion. But the fiscal quicksand needn’t swallow up the next Gov. Cuomo as it did the last one. Read More
A $62 million initiative to promote job creation for unemployed inner-city youths was part of last week’s tax increase deal between Gov. Andrew Cuomo and the state Legislature. Read More
'The largest convention center in the nation, period" -- in Queens? Is he kidding? Nope. In his State of the State address Wednesday, Gov. Andrew M. Cuomo did, indeed, tout the same sort of white elephant already being chased by states and cities across the country. Read More
Just over two years ago, New York State enacted what then-Gov. David A. Paterson presented to the world as "landmark pension reform." In his 2012-13 budget proposal this week, Gov. Andrew M. Cuomo raised the subject of pension reform all over again. Why? Because Paterson's bill was a "landmark" only in the annals of Albany political hyperbole. Read More
This testimony discusses one key proposal of the Governor’s Human Service Budget – managing the SSI State Supplement. As part of his SFY 2012-13 Executive Budget, Governor Andrew Cuomo has included a long overdue initiative for the state to take over the administration of New York’s Supplemental Security Income (SSI) state supplemental payment from the federal Social Security Administration. Read More
With two weeks left in the state fiscal year, Albany's annual budget adoption process has been overshadowed by the once-a-decade imperative of reapportionment. Read More