June 19, 2012, Newburgh. The program focused on lessons learned from the first year of the state’s 2 percent tax cap, along with the ongoing crisis in public finance. FPI’s Frank Mauro moderated the plenary panel, “The Crisis in Public Finance.” The panel was preceded by a keynote address by Richard Brodsky of the Independent Commission of Inquiry into the Finances of the City of Yonkers. Agenda.