Empire Center President E.J. McMahon spoke with Fred Dicker about the problems with Prop 3. Read More
Tag: Schools
Eighty-five percent of the websites for New York’s largest local governments and school districts are failing to provide taxpayers with basic, easy-to-find information, according to the 2014 SeeThroughNY Local Government Website Report Card, released today by the Empire Center for Public Policy. Read More
E.J. McMahon, president of the fiscally conservative Empire Center for Public Policy and a Manhattan Institute senior fellow, and others also rightly question whether long-term bonds are appropriate for such upgrades, considering the rapid change of technology. Moreover, while the money would allow for districts to construct and/or make additions to pre-K facilities, it doesn't, of course, provide the ongoing operating costs to staff such noble initiatives. Read More
There are high-priority needs in New York State, not the least of which is repairing roads and bridges, that may be worth borrowing for. Sinking the state even deeper into debt to fund like-to-have items is a mistake. Read More
Indeed, Proposition 3 is incredibly vague, and the state has not done its due diligence. Read More
Critics said the bond act would incur debt for years after the equipment becomes obsolete and new equipment needs to be purchased. "New York should think hard before supporting this costly and wasteful proposal," said E.J. McMahon of the Empire Center for Public Policy, a conservative think tank. Read More
What the bond’s potential interest costs might be are difficult to predict, though one fiscal watchdog, E.J. McMahon, president of the Empire Center for Public Policy, estimated the true cost of the $2 billion bond will be at least $500 million in interest. “It is one of the most poorly conceived and wasteful bond acts in New York State history,” McMahon said. Read More
A new study finds that 13 of the highest paid educators outside New York City are located in the lower Hudson Valley. Read More