Tag: Local Government

A 2016 expiration date was, indeed, added to the agreed-upon property tax cap provisions of the monster omnibus bill now being cooked up in the Legislature.  However, based on information provided in the past hour by the governor's office and the Se Read More

This quotes Assembly Speaker Sheldon Silver as saying the agreed-upon property tax cap will expire in five years.  If that's true, the cap is not worth the paper it's written on--since, as explained and , one house of the Legislature will be able Read More

The end-of-session sausage-making machine is moving into high gear in Albany, where the state Senate's Republican majority has cooked up a of spicy meat and meat substitutes, including a property tax cap, New York City rent regulations, permanent lo Read More

A important breakthrough on the property tax cap issue came last week when Assembly Speaker Sheldon Silver introduced a bill that conforms in key respects to Governor Andrew Cuomo's original proposal. Read More

Taxpayers from around the state held a small but boisterous rally in Albany today to show support for Governor Cuomo’s proposed 2% property tax cap, which has been passed in the state Senate but is stalled in the Assembly. Read More

Government entities are the six largest employers in New York City, Crain's NY Business reports in its latest annual employer ranking. Some are suggesting that this means the city's economic recovery hinges on preserving government jobs. They're wrong. Read More

Nassau County's Interim Finance Authority (NIFA) has imposed a wage freeze on county employees. The freeze, which will save at least $10 million this year, "is not only necessary but also a reasonable response to the county's fiscal distress," the authority said. Read More