The full extent of the continuing rise in school spending since the recession was not inevitable or unavoidable. It was the result of (a) increasing teacher compensation costs driven largely by automatic pay raises, and (b) continued relatively high levels of staffing, relative to enrollment, especially in non-teaching titles. Read More
Policymakers throughout New York are finding it increasingly difficult to balance their budgets in the face of a depressed economy. The newly enacted tax cap has helped shine a light on the unsustainable budgeting, compensation and spending practices that are plaguing New York’s municipalities. Read More
The Bedford school district’s new three-year teachers contract, which the Board of Education is expected to approve Wednesday, does not do away with automatic salary increases after all, The Journal News has learned... Read More
Reportedly, the terms of a tentative agreement between the teachers' union and board of education in Westchester's Bedford Central School District would do away with step increases for newly hired teachers. Read More
The best that can be said of New York City's just-negotiated tentative contract with its principal public-employee union, District Council 37, is that it will expire relatively soon, in June 2002. Meanwhile, the agreement sets a costly precedent at a time when the city's budget picture is dimming. Read More
DESPITE the improving national and regional economy, New York City's budget remains stuck in a hole. With operating expenses momentarily in check, the city's continuing fiscal imbalance stems mainly from big projected increases in the cost of Medicaid, debt service, employee health benefits - and, seemingly out of nowhere, pension contributions. Read More
Enjoying our work? Sign up for email alerts on our latest news and research.
Together, we can make New York a better place to live and work!