Tag: David Paterson
There are no grounds for optimism in released this morning by state Comptroller Thomas DiNapoli. Net personal income tax receipts were down $83 million, or 4 percent, from the same month in 2008—and a full 12 percent below the August 2007 level Read More
Workforce Reduction Plans (WRPs) submitted by state agencies will save $260 million over the next two years "through a combination of severance payments, attrition, and the elimination of funded vacancies," the. Pardon us for holding our applause. Read More
Attention New York: on the eve (roughly) of the one-year anniversary of Lehman Brothers' collapse, a new report from J.P.Morgan in London opines that because of the effects of eight likely financial-regulatory changes worldwide, "what is certain ... Read More
The MTA's continued funding woes aren't just hurting mass transit riders and downstate taxpayers. They're hurting New York's ability to keep its bridges and tunnels in reasonable repair. Bond analysts at Fitch may downgrade the debt backing the Tr Read More
Gov. Paterson's pick to run the MTA, Jay Walder, took questions from state senators yesterday on Long Island ahead of his confirmation vote next Thursday. Senators will hold a second hearing (in Harlem) next Tuesday. Here's hoping that they do a b Read More
The New York Times has about city and state or "moderate-income housing." The head of New York State's Housing Finance Agency, Priscilla Almodovar, said one aspect of the plan will involve using the state's credit to guarantee mortgages fo Read More
The Metropolitan Transportation Authority (MTA) has notified board members that the state-run authority has decided to petition a state judge to vacate state arbitrators' recent to the Transport Workers Union, which called for 11.3 percent raises Read More
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