Some call it a slush fund for state politicians to use for special projects to curry favor in their districts. It's a $1.1 billion dollar state grant fund that our Greg Floyd first told you about more than a year ago. Now there are new projects and new concerns about what many call a less-than-transparent process. Greg breaks down the numbers and gets two very different opinions on the fund from the two top money people in state government. Read More
The pork may be returning to the state budget. State lawmakers and Gov. Andrew Cuomo quietly have stashed away $1.2 billion for pet projects, and they are starting to spend it: about $187 million for 588 projects across New York, a report from the Empire Center, a watchdog group in Albany found. Read More
State leaders are planning to borrow $5 million to help CBS pay for renovations at the Ed Sullivan Theatre, the home for the "Late Show with Stephen Colbert," according to state records. That means state taxpayers are on the hook for $5 million, plus interest. Read More
A fiscal watchdog group says it’s uncovered what it calls a “secret slush fund”, used by Governor Cuomo and state legislators to fund pet projects around the state, but the governor’s budget office says the grants are subject to oversight. Read More
Gov. Cuomo’s payment of $16 million to keep CBS’s “The Late Show” in New York, when there was zero real threat of it leaving, is the kind of boondoggle Stephen Colbert might mock in his monologue — if he weren’t the one cashing the check. But that gratuitous giveaway of tax dollars, announced last year, turns out to have been the tip of a very big and ugly iceberg. Read More
Governor Andrew Cuomo, the head of the state, makes $179,000 per year. The Empire Center for Public Policy did some research and found more than 1,500 state employees are making more than the governor. Read More
Eighteen school districts sought to override the state's property tax cap in yesterday's school budget votes—the fewest attempts since the tax cap was enacted. Seven of those districts failed to win the 60 percent supermajority required to override the cap. Read More
The massive email hack of Sony Pictures shines a light on just how far executives will go to pool campaign contributions to a governor who has pushed hard to expand a film-tax credit here in New York. Read More