This year New York will allocate $762 million in economic development funds through the recently created Regional Economic Development Councils. Although the Councils have improved the effectiveness of the funding within their purview, they still control only a fraction of total economic development spending and their review process still leaves room for improvement.
The MTA plays a vital role in New York City's economy. More than 70 percent of the 3.7 million people who enter New York City’s central business district on a typical weekday come by mass transit. Of those using mass transit, 83 percent or 2.1 million rely on the MTA’s commuter rail, subway or bus services.
As the school year begins in the 682 school districts in New York State, the CBC has created an interactive map to enable taxpayers to see how much is spent per student and compare spending among districts.
The August 22 New York State Supreme Court decision that the Payroll Mobility Tax (PMT) passed by the legislature in 2009 to aid the Metropolitan Transportation Authority violates the state constitution on the grounds that it “does not serve a substantial state interest” put smiles on the faces of suburban political leaders.
The letter urges Governor Cuomo to veto A.10722A/S.7722A, a bill that would allow for consideration of a child’s “home environment and family background” in special education placement determinations. This provision has the potential to create significant costs for school districts that are already under severe fiscal pressure.