The 2009-2010 New York State Budget
For FPI analysis and commentary on state budgets for previous fiscal years,
please see the Budget
Archive.
FPI's briefing on the 2009-2010 executive budget
January 14, 2009.
Balancing New York State's 2009-2010
Budget in an Economically Sensible Manner. The Fiscal Policy Institute's
nineteenth annual budget briefing.
Other FPI analysis and commentary: 2009-2010 budget
November 5, 2009.
A Better Choice for Addressing
New York State's Projected Budget Gaps, by Frank Mauro and Ron Deutsch.
October 26, 2009.
Testimony on Governor Paterson's Proposed 2009-2010 Deficit Reduction Plan.
Presented by James Parrott, Deputy Director and Chief Economist of FPI, to the
Senate Finance Committee.
October 21, 2009.
Testimony on Governor Paterson's Proposed 2009-2010 Deficit Reduction Plan.
Presented by Frank Mauro, Executive Director of FPI, and Ron Deutsch, Executive
Director of New Yorkers for Fiscal Fairness, to the Assembly Ways and Means
Committee. Mauro and Deutsch discussed why $1.8 billion of the $3 billion in
deficit reduction actions proposed by Governor Paterson for the current state
fiscal year would harm the still-fragile state economy. The Governor's other
$1.2 billion in gap-closing recommendations together with additional actions
that will not hurt the state economy should be used to ensure that the state
ends the current fiscal year in balance. Changes in law that would affect the
state's finances and its economy on an ongoing basis should be reviewed in a
thorough and well-informed manner as part of the Legislature's consideration of
the Governor's 2010-11 Executive Budget - with all options on the table,
including the budget-balancing
alternatives recommended by Mauro and Deutsch in this testimony.
October 15, 2009.
Statement from FPI Executive Director Frank Mauro on Governor Paterson's call
to cut state spending by $1.8 billion.
March 22, 2009. Back on
Track: Why Progressive Tax Reform is an Essential Part of New York's
Budget Solution. This report, prepared jointly by FPI and the Center
for Working Families, debunks recent criticisms of the idea of making
progressive income tax reform a part of the effort to balance New York
State's 2009-2010 budget.
March 12, 2009. Exploring
progressive changes to New York State’s personal income tax system:
testimony presented
by FPI executive director Frank Mauro
to the New York State Senate Select Committee on Budget and Tax Reform.
February 22, 2009.
Major education
organizations release analysis showing 64 percent of school districts face cuts
in excess of $15,000 per classroom. Sixty districts face cuts over $30,000
per classroom due to Governor Paterson's $2.5 billion in school aid cuts.
Education committee chairwomen Assemblywoman Nolan and Senator Oppenheimer join
education advocates in calling for school aid restorations. Organizations call
for fair share tax reform.
Release with 14-page
district-by-district analysis.
February 4, 2009.
Testimony on
the 2008-2009 Executive Budget - Workforce Issues. Presented by
FPI executive director Frank Mauro to the Senate Finance and Assembly Ways and Means
Committees. The
Executive Budget contains many proposals that will directly and indirectly cut
jobs, exacerbating the recession in the state economy. There are other ways to
close budget gaps - notably, an increase in high-end income taxes - that would
do much less harm to the economy.
February 2, 2009.
How to Balance
the State Budget. By Frank Mauro and James Parrott, Gotham Gazette.
January 15, 2009.
New
York State's Underinvestment in Public Higher Education. Governor Paterson's
proposed 2009-2010 budget features reductions in state aid to CUNY and SUNY,
despite a projected increase in enrollment for 2009-2010. This report details
the context for the cuts - a decade of underinvestment - and makes the economic
case for supporting public higher education: it helps families through the
current crisis, stimulates growth in the local economy, narrows racial gaps in
income and education, and helps build a solid middle class for New York’s
future.
December 16, 2008.
FPI Reaction to the
Executive Budget. The governor's proposal hurts low- and moderate-income New
Yorkers while requiring little from wealthy New Yorkers, and would would cause
needless harm to the state economy. The lessons from 2003 show that New York can
successfully close large budget gaps without these negative impacts.
December 13, 2008.
Economists to
Governor: Raise High-End Income Taxes To Help Close Budget Gaps (press release
and letter). More than
100 economists from throughout New York State joined together this week to send
a message to Albany: steep cuts in state spending will weaken the already
struggling New York economy, and will hurt poor and middle income New Yorkers.
In a letter to the governor, the economists urge him to take a balanced approach
to closing the gap in the state budget between revenues and spending - an
approach that includes raising taxes on high-income households.
UPDATED: Letter with
120 signers.
November 13, 2008.
Testimony of Frank Mauro and Ronald Deutsch before the
Assembly Ways and Means Committee hearing on the impact of the economic crisis
on the state budget. To avoid deepening the already threatening recession, the
state must not rely solely on drastic cuts in state spending to close current
and expected budget gaps. A balanced approach includes tapping the state's tax
stabilization reserve fund (put together for this very purpose), surgical cuts
in wasteful spending, and a high-end income tax surcharge like that used
successfully in 2003 to close post-9/11 gaps.
Links to budget analysis, commentary and advocacy by other
organizations
New Yorkers for Fiscal Fairness
abetterchoiceforny.org
Citizens Committee for Children
action.voiceshub.org/ccc/OneNewYork.html
Citizen Action
fightthecuts.org
1199 SEIU and GNYHA
fairsharereform.com
Schuyler Center for Analysis and Advocacy
www.scaany.org
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