Tag: Public Finance

Gov. Paterson has a that would have weakened oversight power of the Buffalo Fiscal Stabilization Authority.   As the Buffalo News , this was the second legislative attempt in the past year to remove the city from "hard" control status, w Read More

Today’s New York Times that state and local government tax-funded pension contributions in New York may triple over the next five years should come as no surprise to anyone who has made an effort to understand the current system and its p Read More

March isn't half over yet -- but we already have a winner!  Even with the state budget unsettled (with all that implies, bad ideas-wise), the worst idea of the month is surely a proposal by state Sen. Carl Kruger for avoiding East River bridge tolls Read More

With more than $200 billion in federal stimulus money going directly to states, one might think that the feds were done bailing out the not-so-thrifty of the fifty (plus Puerto Rico). Municipal Market Advisors, which studies the state and l Read More

In her state of the city address, City Council Speaker Christine Quinn just proposed a 15 to 26 percent hike in the city's income-tax rate for mid-six-figure earners and above. Together with a , the idea would bring New York City's top rate to nearl Read More