NYS budget

Comparison of Final 2014-2015 NYS Revenue Bill to earlier Executive, Assembly and Senate Budget Proposals

March 31, 2014. This brief compares the New York State Revenue Bill to earlier Executive, Assembly, and Senate tax proposals.… (read more)

2014-2015 New York State Budget Tax Brief

March 24, 2014. The 2014-2015 New York State Budget Tax Brief compares the tax proposals in the Assembly and Senate budget resolutions with those in the Executive Budget. The major proposals are analyzed and their impacts discussed.… (read more)

Testimony at the Joint Legislative Public Hearing on the 2014-2015 Executive Budget – Taxes

February 10, 2014. Executive Director Fred Floss testified before the Senate Finance and Assembly Ways and Means Committees on the Governor’s 2014-2015 Proposed Budget and Financial Plan. Floss noted the proposal for FY2015 is contractionary, since it cuts $2 billion in expenditures and only reduces taxes by $480 and will therefore be a drag on economic growth in New York State. He also commented on a number of tax proposals including the property tax freeze, corporate tax reductions and the … (read more)

Testimony at the Joint Legislative Public Hearing on the 2014-2015 Executive Budget Proposal – Human Services

February 4, 2014. Submitted by Carolyn Boldiston, FPI’s Senior Fiscal Policy Analyst. Testimony includes: recommendations for the 2014-2015 state fiscal year; review of actual and proposed reductions in human services spending; use of federal Temporary Assistance for Needy Families (TANF) funding in the 2014-2015 Executive Budget; and, the impact of decline in the purchasing power of the monthly cash assistance grant.… (read more)

Statement on Governor Cuomo’s Proposed 2014-2015 Budget

January 22, 2014. In his budget message, Governor Andrew Cuomo rightly touts his strong record of leadership in Albany. However, when it comes to the state budget, the governor’s approach is out of focus and falls far short in making the essential public investments to expand opportunities for the millions of New Yorkers in poverty or still struggling to pull away from the Great Recession of 2008-09.

The question is whether the Governor’s approach to the budget is the right … (read more)

Tax Reformers Urge Governor and Legislature to Take the Politics out of the Tax Debate—And Give the Public a Voice!

September 4, 2013. Statewide tax reform groups and activists from across New York State gathered at the State Capitol today to urge the Governor and the State Senate to “shed a little sunshine” on the tax reform debates that have left many New Yorkers “out in the cold.”

The NYS Senate (through its Finance Committee, and its Investigations and Government Operations Committees) is holding “Invitation Only” hearings across the state to “Review Existing Tax Policy and Discuss Reform Initiatives” and … (read more)

FPI Testimony at Senate Hearing Urges Balanced Approach to Tax Reform

September 4, 2013. In testimony before the Senate Standing Committee on Finance and the Senate Committee on Investigations and Government Operations, Frank Mauro, FPI’s Executive Director, expressed support for a thorough review of the tax system from a number of perspectives.  He indicated that back in December 2011, Governor Cuomo and the legislative leaders joined in calling for a thorough review of the fairness of the New York tax system and agreed that fairness is one important basis for evaluating … (read more)

Closing the window of opportunity: the impact of the Governor’s proposed 2013-14 New York State budget on New York City’s women, youth and families

February 16, 2013. When viewed with a gender lens, the Governor’s 2013-2014 budget impacts New York City’s low-income women and their families in many ways, from decreased resources for low-income women seeking to get a foothold in the job market, to reduced funding for a wide range of essential support services, including access to child care. These proposed budget cuts, coupled with a weak recovery and sharp increases in poverty levels in NYC, further destabilize those most in need. Over … (read more)

Testimony at the Joint Legislative Public Hearing on the 2013-2014 Executive Budget – Taxes

February 12, 2013. In this testimony, Frank Mauro made the following six points:

  1. New York State should not cut taxes while the resources provided for education and other essential services are being hit with “Gap Elimination Adjustments” and other austerity measures.
  2. New York State should not provide tax subsidies for companies that outsource jobs or otherwise reduce employment in the state.  Economic development tax breaks should only go to businesses that create and maintain jobs in the state.
  3. Loopholes
(read more)

FPI on New York’s 2013-14 State Budget

February 12, 2013. We have updated the Economic and Fiscal Outlook 2013-2014 briefing book that was originally released at FPI’s 23rd annual budget briefing on January 29, and submitted testimony by Carolyn Boldiston on the implications for Human Services of the Governor’s 2013-2014 Executive Budget and testimony by Frank Mauro on Tax Issues related to the Legislature’s consideration of the Executive Budget. We have also completed an analysis, with the New York Women’s Foundation, of the impact of the … (read more)