Tag: Taxes and Spending

Governor Hochul’s budget office has yet to release the statutorily required mid-year financial plan update of the state’s fiscal outlook. Read More

With inflation rampaging, the seven-percent increase in key federal tax code thresholds is the biggest one-year hike since key aspects of the IRS code were indexed to inflation. Read More

Local government is a labor-intensive business, and employee compensation is the single biggest element of most municipal budgets. Read More

Historically large budgetary surpluses inherited by Governor Hochul are now just a memory with New York facing projected gaps of $13.7 Billion Read More

New York's health insurance affordability gap surged to a new high last year, with state residents paying an average of 16 percent more. Read More

A total of $68 million in grant awards was steered to 276 local projects between November 2021 and March 2022 by the Dormitory Authority of the State of New York Read More

Wall Street generates an outsized share of New York’s tax revenue, so the recent drop in stock prices should worry both Gov. Kathy Hochul and Mayor Eric Adams. Read More

New York school districts whose budgets were defeated yesterday can hold a re-vote in June on the same proposal or a modified one Read More