Items tagged with 'Tom DiNapoli'

Pensions taking big slice of Albany's pie

albany city hallMunicipal budget fact of the day: pension costs eat 22 percent of the city of Albany's budget tax levy.

The Jennings administration released a letter today it says Jerry Jennings has sent to state comptroller Tom DiNapoli "urging real pension reform." Yep, that sounds like a big bowl of boiled vegetables, but this part caught our eye:

The rising cost of pensions has been one of the greatest burdens on our city's finances and taxpayers.
This problem has evolved into a crisis as you have mandated increases in pension contributions over the last several years which have devastated our city budgets. Over the last decade pension costs have ballooned from roughly $700,000 to over $12 million. In 2001, only 1% of the Albany taxpayers property taxes went to pension costs, as of last year they are paying 22% of their taxes to cover pension costs.
This means that ten years ago Albany residents were contributing approximately $7.50 per person to cover pension costs, today they are paying almost $130.

The full letter is after the jump. Not in the letter: criticism of the leaders and administrations who agreed to the contracts with the unions in the first place.

The larger political soap opera context...

(there's more)

State comptroller says Medicaid is "leaking" millions, 89-year-old accused of attempted murder-suicide, electricity rates going up, The Missile pleads guilty

State comptroller Tom DiNapoli reported yesterday that New York's Medicaid system is "leaking" millions of dollars. He says the program lost $92 million over the last five years to errors, improper payments and poor record keeping. Among the improper payments cited by the comptroller: $196,000 in cab rides for a woman to travel daily from Dutchess County to Albany to visit her son. [NYS OSC] [NYT] [TU]

The Troy city council and mayor Harry Tutunjian were in court yesterday in an attempt to resolve their budget dispute. They didn't -- and now a judge will rule. [Troy Record] [TU]

Niskayuna police say an 89-year-old man tried to kill his 87-year-old sister as part of an attempted murder-suicide last week. He's been charged with attempted murder. [TU] [CapNews9]

Real estate agents say the federal first-time home buyer tax credit led to a surge in closed sales in the Capital Region last month (up 36 percent from last year, though only about 2 percent from 2007). There's still a lot of inventory. [TU] [AOA]

(there's more)

What's All Over Albany?

All Over Albany is for interested and interesting people in New York's Capital Region. In other words, it's for you. It's kind of like having a smart, savvy friend who can help you find out what's up. Oh, and our friends call us AOA.

Search

Recently on All Over Albany

Drawing: Tickets for the Gathering of the Farm Cideries 2018 at Nine Pin

The annual Gathering of the Farm Cideries returns to Nine Pin Cider in Albany February 17. We have a pair of tickets for the event... (more)

A new, expanded spot on Lark for Pint Sized

The Lark Street craft beverage shop Pint Sized is moving -- to a new location, and to a (somewhat) different format. "It's time to grow,... (more)

To the dogs

This Chris Churchill column is first and foremost about the ongoing dog poop problem at Capital Hills. But it also gets at a potentially more... (more)

Dave Matthews Band returning to SPAC

The Dave Matthews Band is returning to SPAC July 13 and 14. Tickets go on sale February 2 -- they're $45.50 and up. (There's also... (more)

Morning Blend

Pedestrian killed in Rotterdam hit-and-run + Police arrested a Schenectady woman in connection with the hit-and-run crash in Rotterdam Friday night in which 46-year-old Dramone... (more)

Recent Comments

This is potentially good news for St. Josephs. I walk around it 2 or 3 times a week and the last few years the deterioration has seemed to accelerate. She will be looking right at it everyday from her front windows.

Drawing: Tickets for the Gathering of the Farm Cideries 2018 at Nine Pin

...has 16 comments, most recently from Marcie

A new, expanded spot on Lark for Pint Sized

...has 2 comments, most recently from Anthony

To the dogs

...has 2 comments, most recently from K

Dave Matthews Band returning to SPAC

...has 1 comment, most recently from T

The week ahead

...has 3 comments, most recently from Greg