Categories: New York State
07.12.2013
Order limits executive compensation for State-funded groups
Governor Andrew Cuomo signed an executive order last year to rein in excessive compensation for New York State-funded entities. This order, known as Executive Order 38, became effective last month. The State has now released guidelines and forms for complying with the order, which you can find here.
Compensation paid to executives and reimbursed by State agencies cannot exceed $199,000 per year for organizations covered by Executive Order 38. Reimbursed administrative overhead costs are limited to 25% of State funding; this number decreases to 15% by 2015.
If you believe your agency must comply with these new guidelines, we encourage you to visit the Executive Order 38 website. You can find additional guidance from this document from the Human Services Council and this brief from the Lawyers Alliance for New York.