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The recipe for a budget COLA
Manage episode 414739491 series 3560627
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The fight over a cost of living adjustment for New York's non-profit organizations providing human services has become a recurring part of the state's budget negotiations, with this year's back and forth producing a 2.84 percent bump for the industry.
This week, we explore the making of this year's increase with Jihoon Kim, who in a previous life was a top official in the Hochul administration and is now the CEO of InUnity Alliance. We examine the governor's approach to this issue, the messaging from non-profit providers, and how the COLA will be implemented.
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