Newsletters

In the News-New York State State Comptroller:  Casinos are Not a Magic Fix That Will Solve Local Fiscal Challenges From 2017 to 2022 New York’s four licensed casinos brought $176 million in gaming tax revenue to host and regional local governments, but only the three smaller towns that host casinos realized significant fiscal benefits relative […] Read More

In the News-New York State Governor Hochul Appoints Assembly Ways & Means Secretary Blake Washington as State Budget Director Governor Kathy Hochul this week announced the appointment of Blake G. Washington as New York State Budget Director.   Washington will begin his tenure this summer. “With years of public service and a deep knowledge of […] Read More

In the News-New York State TWU Local 100 Wins Three Year Contract with Combined Annual Raises Totaling Almost 10% The Transport Workers Union Local 100 President Richard Davis announced that the union has secured a contract for its almost 40,000 members that includes “solid” annual raises of 9.8% compounded over three years and a $4,000 COVID-19 […] Read More

In the News-New York State Record Number of New Yorkers Used Paid Family Leave Program in 2022 New Data Shows More Than 700,000 New Yorkers Have Utilized the Paid Family Leave Program Since 2018 — Including More Than 160,000 in 2022 A record number of workers used New York’s Paid Family Leave Program to bond with their […] Read More

In the News-New York State State Pension Fund Posts Negative Annual Investment Return New York State Comptroller Thomas DiNapoli yesterday announced that the New York State Common Retirement Fund’s (Fund) investment return was -4.14% for the state fiscal year that ended March 31, 2023. The Fund closed the year valued at $248.5 billion.  The Fund’s long-term […] Read More