Two days after the Empire Center highlighted looming deficits in the state Thruway Authority budget, the authority's board has put off the meeting at which it was expected to adopt a final budget for 2015. Read More
Research
The New York State Thruway Authority could need to raise tolls by nearly 5 percent to balance its financial plan next year—on the way to a 44 percent toll increase by 2018, according to the “toll revenue target” in the authority’s proposed 2015 budget. Read More
Nearly six months after being passed by the state Legislature, two bills with significant implications for public pension benefit levels and costs in New York finally have been sent to Governor Andrew Cuomo for his veto or signature. Read More
Who should ultimately control police discipline in New York: elected officials through their appointed police commissioners, or unelected labor arbitrators chosen in part by labor unions? The question has plainly picked up added resonance in recent days. Gov. Cuomo will soon have a chance to answer it. Read More
New York’s largest state and local government employee union is ending its unconstitutional collection of mandatory agency fees from day care providers who receive subsidies from the state, according to a letter the union has sent to providers. Read More
New York’s state legislators would like a raise, but a review of state payroll data shows that more than three-quarters of them already earn more than their frequently cited $79,500 statutory base salary. Read More
Four years ago, as Andrew Cuomo prepared to begin his first term as governor, the biggest problem facing New York state was how to close a $10 billion budget gap. This year, gearing up for his second term, Cuomo faces quite a different challenge: what to do with roughly $5 billion in extra cash. Read More
With the stroke of a pen, President Barack Obama has just put added pressure on the second-biggest category of New York’s state operating funds budget—Medicaid. Obama’s recent executive order on immigration could drive up New York’s Medicaid costs by $1.1 billion to $2 billion, state Senate Majority Leader Dean Skelos warned in a letter yesterday to the state’s U.S. senators. Read More
New York State residents pay some of the highest local taxes in the nation. To help New Yorkers compare some of the basic fiscal measures for local governments, the Empire Center for Public Policy has calculated effective property tax rates and per-capita values for the spending, debt and tax levels of counties, cities, town and villages throughout the state, excluding only New York City. Read More
If wishes were horses, the recent Albany news conference by the New York State Educational Conference Board could be restaged as the Charge of the Light Brigade -- a doomed assault against budgetary reality. Read More
If wishes were horses, the news conference held in Albany yesterday by the New York State Educational Conference Board could be re-staged as the Charge of the Light Brigade. Read More
New York’s state government pension costs will be nearly $1.6 billion above previously projected levels over the next four years, according the Mid-Year Financial Plan Update that was finally issued today—11 days behind schedule, and nearly a week after Election Day—by Governor Andrew Cuomo’s Division of the Budget (DOB). Read More