“Frankenstorm” could easily inundate the tenuously balanced budgets of New York State, New York City and countless other localities in the storm’s path... Read More
Tag: Local Government
Nassau County Executive Ed Mangano has reached a tentative contract deal with the Nassau Police Benevolent Association (PBA). That’s what Nassau residents have been told via Newsday and the other Long Island news media, at any rate. Read More
Rising debts and liabilities for pensions and retiree health care could soon translate into higher borrowing costs for at least nine New York local governments, including a half dozen of the largest counties and towns in the state. They’re facing possible bond rating downgrades as part of a nationwide review of local ratings by Moody’s Investors Service. Read More
The growing fiscal problems of many local governments in New York State are prompting more talk about consolidation of services and mergers of local governments. Some influential voices in western New York, echoing former Erie County Executive Joel Giambra, continue to push for a regional approach. Read More
The ink was barely dry on Governor Andrew Cuomo’s local government “restructuring” bill yesterday when the governor made two more concessions to unions on the issue of binding arbitration. Read More
A pending change to the state’s binding arbitration law covering police and firefighter contract disputes will not cover pending contract impasses involving firefighters in Syracuse thanks to a last-minute tweak of the bill by Governor Andrew Cuomo. Read More
The budgetary problems of bigger New York localities, such as Yonkers, tend to dominate the headlines — but contenders for the dubious distinction of most financially troubled municipality in the Empire State would also include Schenectady... Read More
State Comptroller Thomas DiNapoli has announced a “fiscal stress monitoring system” to provide an early warning of problems in local governments and school districts, which can only be a good idea... Read More