NYS budget

Testimony on the 2008-2009 Executive Budget – Economic Development and Taxes

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.… (read more)

Testimony on the 2008-2009 Executive Budget – Human Services

February 5, 2008. Testimony submitted by FPI senior economist Trudi Renwick to the Senate Finance and Assembly Ways and Means Committees. Renwick explains several important policy opportunities for New York: increase the basic welfare grant; liberalize the earned income disregard; finance the Earned Income Tax Credit from the General Fund; and take child care funding out of the Flexible Fund for Family Services (FFFS), to ensure that adequate resources go for this essential work support. Renwick includes a series of … (read more)

The advantages of a career pathways job training program

January 24, 2008. Statement of Trudi Renwick, Senior Economist Before the Assembly Standing Committee on Higher Education. Such a program would contribute to a comprehensive strengthening of New York’s postsecondary education system.… (read more)

What to Know Before Analyzing the State Budget

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.… (read more)

New York State’s Economic and Budget Outlook for 2008-2009

January 15, 2008. Economic and fiscal context for the 2008-2009 Executive Budget, including an analysis of the property tax crisis and alternative property tax relief mechanisms. Briefing book >>(read more)

Testimony on economic development in New York State

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)

Budget conference committee reports – 2007

March 30, 2007. So far:

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Testimony on the 2007-2008 Executive Budget – Human Services

March 1, 2007. Testimony presented by FPI Senior Economist Trudi Renwick.… (read more)

2007-08 Executive Budget Tackles Corporate Tax Loopholes

February 28, 2007. Short summaries of the corporate tax reform measures recommended by Governor Eliot Spitzer as part of his first Executive Budget.… (read more)

Testimony on the 2007-2008 Executive Budget

February 28, 2007. Testimony presented by FPI Executive Director Frank Mauro to the Senate Finance and Assembly Ways and Means Committees.… (read more)