Fast Facts
  • 64¢

    Amount spent on NYC employees' pensions and fringe for every $1 spent on salary and wages

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What Is Good for Buffalo Is Good for All New York

May 02, 2011

Governor Andrew Cuomo will convene a summit of New York’s higher education and political leaders soon to consider a proposal from the State University of New York (SUNY) at Buffalo to give that university greater autonomy with respect to its tuition policies and control over physical assets.

An End to Business As Usual

Apr 11, 2011

State leaders have seized the opportunity presented by the unprecedented budget deficit to implement long-term solutions that will help restore the State’s fiscal strength. While the budget negotiations signaled a change in Albany’s working dynamics, some old habits die hard; indeed, some just won’t die at all.

A Closer Look at School Aid Cuts

Apr 01, 2011

Today is April 1 and the State has a budget in place to begin the fiscal year, a relatively rare occurrence and a good one. Governor Cuomo and the legislative leaders deserve credit for crafting a budget that is not only on time but fiscally responsible as well.

Resist the Temptation

Mar 23, 2011

New York City Budget Director Mark Page testified this week that additional cuts to services may be necessary.  The current financial plan, released on February 17th, showed the City in a relatively good financial position, but still relies on State action worth $600 million to close the budget gap for fiscal year 2012.   In the event the State does not restore some of

CBC Findings on Rent Regulation

Mar 15, 2011

There has been growing talk in Albany of expansion of rent regulation and, in that context, we draw to your attention a CBC report titled “Rent Regulation: Beyond the Rhetoric”. The report found that current rent regulation in New York City is poorly targeted and not effective in providing affordable housing for many low-income households.

Medicaid Redesign – Significant Progress On A Tough Task

Mar 10, 2011

The Medicaid Redesign Team appointed by Governor Andrew Cuomo was given a difficult job – reduce Medicaid spending significantly while improving the quality of care provided to the indigent. The Team has made significant progress in at least two ways.

New Revenues and the Path to Sustainable State Spending

Mar 08, 2011

In the current debate over Governor Andrew Cuomo’s proposed budget for fiscal year 2011-12, some advocates have characterized the Governor’s plan as relying too heavily on spending cuts and not enough on new revenues.

State School Aid: The Neediest Districts Could Be Spared $750 million in Cuts through Better Targeted Reductions

Feb 28, 2011

School aid is the State’s largest expenditure item, comprising fully $21.2 billion or one-quarter of the State operating budget.[1]  To help close a $10 billion gap in the coming year’s budget, Governor Andrew Cuomo proposed reducing school aid by nearly $1.7 billion to $19.5 billion.

One Good Way to Save More on Medicaid

Feb 22, 2011

Governor Andrew Cuomo’s 27-member Medicaid Redesign Team is charged with identifying $2.85 billion of annual Medicaid savings by March 1.

The New York City Budget Since the Recession: Seven Rounds of Cuts and the Deepest Still to Come

Feb 07, 2011

The dramatic aid reductions proposed by Governor Andrew Cuomo in his Executive Budget on February 1 are likely to lead to cuts in spending by New York City agencies. These forthcoming cuts should be understood in the context of previous efforts to reduce municipal spending.

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