March 25, 2005. District by district impact of the Schools for New York's Future Act, prepared by FPI for the Campaign for Fiscal Equity.
March 23, 2005. Testimony presented by FPI's Deputy Director and Chief Economist James Parrott to the New York City Charter Revision Commission. This testimony deals with the Charter Commission's interest in determining if any of the expiring provisions of the New York State Financial Emergency Act for the City of New York should be incorporated into the New York City Charter.
March 23, 2005. News from the Fiscal Policy Institute: More than one million elderly New Yorkers depend on Social Security for at least half their income and 571,000 depend on Social Security for more than 90% of their income, according to a new study released today by the Fiscal Policy Institute and the Economic Policy Institute. The study, Social Security and the Income of the Elderly, co-authored by Michael Ettlinger, director of the Economic Analysis and Research Network (EARN) and EPI economist Jeff Chapman, shows a high reliance on Social [...]
March 22, 2005. FPI joins with environmental, human services and other budget watchdog groups in releasing a plan to reform the State's Empire Zones Program. Reform Groups Urge State to "FIX THE ZONES" or Let the Program Sunset on March 31 as Scheduled Environmental, human services and budget watchdog groups joined together today to call upon state leaders to fix the state's Empire Zones Program and released an 11-point plan designed to end the abuse, corruption and favoritism inherent in the current administration of the [...]
March 22, 2005. Testimony by FPI Deputy Director and Chief Economist James Parrott at a hearing of the City Council. This testimony deals with the discovery of the fact that Mayor Bloomberg and several of his predecessors have been spending some PILOT payment revenues without appropriations by the City Council. Related: Mayor Bloomberg's veto message explaining his June 9, 2005, veto City Council legislation requiring greater accountability in the expenditure of PILOT revenues. Testimony >>
February 17, 2005. This joint statement was released at a press conference today at the Legislative Office Building in Albany. The organizations from throughout New York State that have endorsed the statement are listed below following the statement. Also below, a back-up document that provides additional information on the budget balancing options set forth in the statement. There's still a Better Choice! We urge the Governor and the Legislature to work together to ensure that the 2005-2006 state budget meets New Yorkers' needs. The revenues [...]
February 16, 2005. Frank J. Mauro, Executive Director, Fiscal Policy Institute, presented testimony to the New York State Legislature's Joint Budget Hearing on Economic Development and Taxes before the Assembly Ways and Means and Senate Finance Committees. I greatly appreciate being invited to appear to you today on the subjects of economic development and taxes. SPUR. As part of his 2005-06 Executive Budget proposal, Governor Pataki has proposed a new program that he refers to variously as SPUR and Operation SPUR, with the SPUR acronym [...]
February 15, 2005. Testimony presented at New York City Council Immigration Committee Hearing. Read the testimony.
February 7, 2005. Analysis of: the ways in which the 2005-2006 Executive Budget proposes to utilize the state's federal Temporary Assistance for Needy Families (TANF) block grant; the Governor's proposal to reduce the earned income disregard for long term cases and to impose full family sanctions on families out of compliance with work requirements; the Governor's proposal to provide an enhanced earned income tax credit for noncustodial parents; ways in which the Unemployment Insurance system could be reformed; and how state and local reporting on [...]
February 2, 2005. This issue of Fiscal Policy Note$ outlines options for reform.
February 2, 2005. An analysis based on Governor Pataki's 2005-2006 executive budget. Presentation >>
February 2, 2005. Includes analyses of the Mayor's January 27, 2005 Financial Plan, the MTA Operating Budget and 2005-2009 Capital Program, and the fiscal implications of the Far West Side Proposal. Presentation >>
January 25, 2005. The Fiscal Policy Institute's briefing on Governor George E. Pataki's Executive Budget and alternative approaches to balancing New York State's 2005-2006 budget. See pages 16 through 24 for FPI's analysis of the economic impact of the Legislature's 2003 decisions to add two temporary top rates to the state income tax and avoid deep cuts in aid to public schools. See pages 33 through 37 for FPI's analysis of the Governor's school aid proposals for 2005-2006. Briefing book on the 2005-2006 executive budget [...]
January 19, 2005. An op ed in the New York Daily News by James Parrott, FPI Chief Economist, on the financing of far West Side development. Read >>
January 18, 2005. Testimony by Frank J. Mauro, Executive Director, Fiscal Policy Institute, to the NYS Assembly Standing Committee on Local Governments, Public Hearing on Industrial Development Agencies. Good Morning. We greatly appreciate being invited to appear before your committee to discuss the role and operations of Industrial Development Agencies in New York State. The Fiscal Policy Institute (FPI) has been interested in this subject since its inception in early 1991. In October of the following year (1992), FPI published the first comprehensive review ever [...]