February 11, 2008. Testimony submitted by FPI executive director Frank Mauro to the Senate Finance and Assembly Ways and Means committees. Given the many signs that we are in a recession, state leaders must be especially careful about the way they close the state budget gap. Some gap-closing strategies could actually exacerbate the downturn.
Economic development policies
January 20, 2008. This brief provides information about the state’s economy, its finances, and three policy issues (property taxes, economic development and economic security) that are sure to receive significant attention during this year’s budget debates. It also touches on the federal stimulus package now being debated in Washington, and how that package may help or hurt in the balancing of the state budget.
December 24, 2007. FPI comments urging NYSERDA to amend the proposed rule to include low-income protection as an explicitly mandated purpose for the proceeds of the auction of the RGGI allowances and to add at least one low-income advocate to the list of stakeholders to be included in the advisory group to oversee the expenditures of the auction proceeds.
December 18, 2007. Submitted by FPI’s chief economist James Parrott to the New York State Division of the Budget. New York’s trillion dollar economy has the potential to be a dynamic economy that rewards all New Yorkers, but challenges abound, including volatility on Wall Street. And there is little to show for the billions of dollars spent on economic development in 2007 by state and local governments. New York needs a new approach that is strategic, diverse, coordinated and accountable.… (read more)
September 27, 2007. A presention given by FPI senior economist Trudi Renwick as part of “Who Benefits? State and Local Subsidy Reform,” a panel discussion at a conference sponsored in Buffalo by Cornell’s ILR School and others, “The High Road Runs Through the City: Advocating for Economic Justice at the Local Level.”
September 25, 2007. Testimony submitted by FPI Executive Director Frank Mauro to the Senate and Assembly Committees on Environmental Conservation.
July 11, 2007. FPI teamed up with New Yorkers for Fiscal Fairness, Environmental Advocates, NYPIRG and the Sierra Club to call attention to the taxpayer funds being poured into Empire Zones, the Brownfield Cleanup Program, and industrial development agencies – business subsidy programs that lack basic accountability measures and anti-sprawl provisions. Group press release >>
Statewide Coalition Joins Assemblyman Brodsky to Call for an Immediate Moratorium on the Empire Zone Program
June 7, 2007. At a press conference focused on reforms of the Empire Zone program, FPI executive director Frank Mauro spoke about the differential tax treatment that is fostered by the program as currently structured. Group press release >>
May 6, 2007. An op ed by Adrianne Shropshire and James Parrott. Albany Times Union.
Strike a new deal, now: City and state must demand better pay for building staff in corporate retention pacts
April 30, 2007. An op ed by James Parrott and Bill Thompson. New York Daily News.