Stronger than expected tax payments this spring led the Governor’s Division of the Budget (DOB) to increase its personal income tax (PIT) revenue projections for the next four years by $8.5 billion above its Apr Read More
Research
Over the 10 days that Hochul has been in office, there has been no further progress on the Empire Center's record requests. Read More
County and Municipal Payrolls in New York Local government is a labor-intensive business, and employee compensation is the single biggest element of most municipal budgets. The 2021 edition of What Read More
New York's health benefit costs increased faster than the national average in 2020, leaving it with the second-least affordable coverage in the U.S. The state's average total c Read More
The document, titled “Foil at a Glance,” lays out the Cuomo administration’s procedures for handling FOIL requests Read More
Fewer than one in four New York City office workers are back in the office, according to a pair of datasets issued this week. Read More
DiNapoli announced today that he's approved a recommendation by the State Retirement System Actuary to reduce, from 6.8 percent to 5.9 percent, the assumed rate of return (RoR) on investments by the $268 billion Common Retirement Fund, which underwrites the New York State and Local Employee Retirement System (NYSLERS) and Police and Fire Retirement System (PFRS), of which the comptroller is the sole trustee. Read More
Hochul’s specific priorities were lowest-common-denominator stuff: “combating” the spread of COVID-19 linked to the Delta variant, pushing billions in stalled federal rent relief out the door to tenants (and ultimately their landlords) and “beginning to change the culture in Albany.” Read More
New York managed to tie the nation’s private-sector job growth rate in July—but compared to the U.S. as a whole, the Empire State remains much further below its pre-recession employment level, according to preliminary estimates in today’s monthly jobs report from the state Labor Department. Read More
One of the most urgent imperatives confronting soon-to-be Gov. Kathy Hochul will be getting real about the state’s pandemic response Read More
If an impeachment proceeding continues, one likely subject of charges will be the Cuomo administration’s handling of the coronavirus pandemic in nursing homes – about which the impeachment panel has already gathered hundreds of thousands of pages of documents. Based on the public record alone, there is ample evidence of serious wrongdoing. Read More
The state will spend a record $212 billion in the current 2022 Fiscal Year, under the budget its elected leaders adopted in April. Read More