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Blog
Education
New York Led the Nation in Education Spending in 2012
June 01, 2014
New U.S. Census data show New York maintained its position as the top per-pupil spender among states on public elementary-secondary education in 2012.
Blog
Public Workforce
No Contract Does Not Mean No Raises
April 06, 2014
The fact that the entire unionized New York City municipal workforce is working under expired contracts is a big problem, but it does not mean that all municipal workers have gone without raises since their contracts expired.
Blog
Education
What School Aid Cap?
For a Second Year School Aid Grows More than 5 Percent
April 03, 2014
The fiscal year 2015 New York State enacted budget increased school aid by $1.1 billion for school year 2014-15, or 5.4 percent - above the "cap" of 4 percent.
Blog
Education
Fix New York State’s Broken School Aid Formulas
March 11, 2014
Large increase in school aid proposed in the State fiscal year 2014-15 Executive Budget will be misdirected to school districts with less need than others.
Statement
City Budget
Statement on Mayor de Blasio's Preliminary Budget for Fiscal Year 2015
February 12, 2014
The Preliminary Budget for Fiscal Year 2015 contains a double dose of good news: there is more money than had been anticipated, and it will be put to prudent use.
Blog
Education
School Aid in the 2014-15 Executive Budget: An Overview
January 27, 2014
Reviews Governor Andrew Cuomo’s fiscal year 2014-15 Executive Budget school aid proposal.
Blog
City Budget
The End of The Retiree Trust Fund
July 22, 2013
Tthe Financial Control Board (FCB) certified New York City’s Adopted Budget for Fiscal Year 2014 is balanced. As the FCB mentions in its report, the 2014 budget is balanced with $2.8 billion in surplus funds from fiscal year 2013 and $1 billion withdrawn from the Retiree Health Benefits Insurance Trust Fund.
Blog
Education
New York Tops the List in State Public School Spending
June 03, 2013
In 2011 per pupil education spending nationwide fell 0.4%. In New York, however, per pupil spending increased 2.5% from $18,618 to $19,076, fully 81% above the national average and placing it at the top of the spending list for all 50 states.
Blog
Capital Spending
How Much, and for What?
May 21, 2013
Reviews the $54 billion Ten-Year Capital Strategy; the next mayor will have to make difficult trade-offs between competing priorities while ensuring the city’s debt does not become unaffordable.
Blog
City Budget
The Giant Slice: Legacy Costs in the New York City Budget
May 09, 2013
“Legacy costs” will claim almost 25 percent of the budget by fiscal year 2015 – leaving fewer dollars for other budget priorities.
Blog
Education
Generous Helpings of School Aid Exceed the Cap and Benefit All Districts
April 03, 2013
The allocation of school aid in New York State’s adopted budget for fiscal year 2014 has two key features: It exceeds the “cap” tied to personal income growth and it distributes the funds in a poorly targeted manner.
Blog
Education
A Big Aid Increase for Schools
March 26, 2013
The final agreement on state school aid allocates $20.8 billion, approximately $7,700 per student, in formula-based school aid for school year 2014. This represents an increase of 4.7%, over school year 2013.
Blog
Education
Competitive Education Grants in New York State: The Experience in Year 1
March 05, 2013
Competitive grants are an important element in Governor Andrew Cuomo’s approach to state aid for education. The new approach began on a small scale last year, and a review of the experience in the first year suggests the proposed expansion may be premature.
Blog
Education
Proposed Changes in Per Pupil School Aid
January 24, 2013
Governor Cuomo's Executive Budget for fiscal year 2013-14 increases school aid by 4.4 percent.