Gov. Paterson has a that would have weakened oversight power of the Buffalo Fiscal Stabilization Authority. As the Buffalo News , this was the second legislative attempt in the past year to remove the city from "hard" control status, w Read More
Tag: Budgets
Under , "university employees are facing unpaid furloughs." They would join California's 230,000-plus state workers who will continue to be forced to take off three unpaid days per month through June 2010. The furloughs equate to roug Read More
Today's from state Comptroller Tom DiNapoli says first quarter tax collections were $487 million below projections, in line with the trend reflected in Taxation and Finance data . DiNapoli's chose to focus on the bright side, noting that gene Read More
Don't look now, but there's a nasty pool of red ink spreading beneath the state's budget. If are any indication of things to come, Governor Paterson and the state Legislature need to start cutting right away. Read More
The state comptroller's cash report for the first quarter ought to be coming out any day now -- perhaps as soon as today. Tax collections through June are likely to have fallen below the April 1 projections for the quarter, feeding the widespread a Read More
Today’s New York Times that state and local government tax-funded pension contributions in New York may triple over the next five years should come as no surprise to anyone who has made an effort to understand the current system and its p Read More
Congress is set to approve an add-on to the February stimulus law that will allow public-transit agencies, including New York's state-run Metropolitan Transportation Authority, to spend 10 percent of their stimulus money on operating costs, rather th Read More
, in addition to an average 10 percent reduction already experienced by employees under an unpaid furlough program. Meanwhile, in New York, most state workers just received a 3 percent wage increase, and . At least 42 state lawmakers, in Read More