NYC budget

Statement on Mayor’s Budget Commitment to Increase Wages for Low-wage Nonprofit Social Sector Workers

May 8, 2015.

Contact: James Parrott, Deputy Director, Fiscal Policy Institute, 212-721-5624

“The Federation of Protestant Welfare Agencies (FPWA) and the Fiscal Policy Institute (FPI) applaud the Mayor for including in his Executive Budget a first-ever $11.50 per hour wage floor for the City’s contracted social service workforce. FPWA and FPI have been advocating for this important commitment over the past year. This will mean a big earnings boost for 10,000 workers whose wages currently average less than $10.00 per… (read more)

Summary of Selected Tax Provisions in 2015-2016 State Budget

April 14, 2015. The Final FY 2015-16 budget is more notable for the tax proposals that were left out than for what is included. In the FY 2015-16 Executive Budget, the governor proposed three major tax changes: a new property tax circuit breaker for low- and middle-income homeowners and renters, an education tax credit, and a modest reduction in taxes on small corporations. None of these changes were included in the final budget, however, property tax relief and the education… (read more)

Briefing on Mayor deBlasio’s Preliminary FY 2016 NYC Budget: Addressing Needs and Budgeting Cautiously as the Recovery Progresses

March 10, 2015. In his briefing of NYC Mayor Bill deBlasio’s second budget, FPI’s James Parrott notes:

  1. several positive budget changes;
  2. strong job and tax growth, but uneven gains for workers and families;
  3. budget outlook improving; and
  4. items still to be addressed on the budget front.

Mayor de Blasio Can Make Lasting Change with Nonprofit Living Wages and Career Opportunities

December 16, 2014. In recent years, there have been increased conversations at both the City and State level to address growing wage inequality through the provision of a living wage. However, one important segment of the workforce historically has been left out of these conversations– nonprofit employees. This op-ed by Jennifer Jones-Austin, CEO/Executive Director, Federation of Protestant Welfare Agencies and James Parrott, Deputy Director and Chief Economist, Fiscal Policy Institute describes how the Social Services Career Ladder project will address… (read more)

De Blasio Pulls Off Deft Budget-Balancing Parlay

May 19, 2014. In this op-ed in The Chief, James Parrott discusses Mayor de Blasio’s Executive Budget and the impact of the UFT labor settlement.

Statement on New York City Budget Accounting Action

May 12, 2014. Today’s joint announcement by Mayor de Blasio and Comptroller Stringer clarifies a City budget accounting question regarding an obligation the City incurred in connection with the recent labor settlement with the United Federation of Teachers.  The payments in question pertain to UFT members retiring after June 30, 2014 and cover wage increases for the first two years (2009 and 2010) of the recently settled contract.

Officials of both the Mayor’s and the Comptroller’s offices have confirmed that… (read more)

Another View on Mayor de Blasio’s FY 2015 New York City Executive Budget

May 9, 2014. Understandably, much of the commentary on Mayor de Blasio’s FY 2015 Executive Budget has dealt with the financial impact of the recent UFT contract if applied across the entire 350,000-person unionized city workforce.  It is, afterall, by far the most significant labor deal in City history, potentially affecting the entire workforce for 7 years, and 150,000 of those workers for an additional two years going back to 2009 and 2010.

Some observers can’t quite grasp that Bill… (read more)

The Significance of the TWU and UFT Labor Contracts

May 7, 2014.

This commentary by FPI’s James Parrott on the new New York City labor contracts was requested by CUNY’s Joseph S. Murphy Institute and appears on their new blog.

For the first time in nearly five years, major labor agreements were recently reached covering public sector workers in New York City. On April 17, Transport Workers Union (TWU) Local 100 concluded a new 5-year contract dating from January 2012 covering 34,000 workers at the Metropolitan Transportation Authority (MTA),… (read more)

Parrott-Brecher Debate on NYC Municipal Contracts

April 25, 2014. Negotiations are underway to settle New York City municipal contracts, almost all of which have been expired for four or more years. Pattern bargaining has long been the norm in the City, but about one-third of the City’s 300,000 unionized workers, including teachers and nurses, never received raises from the last round. FPI’s James Parrott engaged in a spirited on-line debate discussing the topic “What can the City Afford?” during the week of April 21… (read more)

Testimony: NYC School Bus Industry in the Aftermath of the Removal of Employee Protection Provisions from Contracts

March 27, 2014. James Parrott testified at a New York City Council oversight hearing looking at the effects of removing job security protections from the City school bus contracts. The previous administration set in motion a contract re-bidding process that stripped school bus drivers, matrons and mechanics of job security protections. That action has already led to the bankruptcy of a large school bus company in the middle of the school year and threatens to further unsettle the industry… (read more)