Tag: Local Government

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

Although his proposed property tax cap will put pressure on counties, municipalities and schools to reduce their costs, Gov. Cuomo has punted the related issue of mandate relief to a "redesign team" comprised of stakeholders including representatives... Read More

Governor Cuomo pointed out at last week's budget presentation that New York school districts would find it easier to deal with a proposed cut in state school aid if they froze wages for teachers and administrators.  But given the attitude of most te Read More

Yesterday, the Securities and Exchange Commission (SEC) a major settlement with J.P. Morgan Securities concerning the fascinating municipal-corruption case of Jefferson County, Alabama. Under the deal, J.P. Morgan, which doesn't admit or deny any Read More