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Blog
State Budget
New York’s $1 Billion Brownfield Cleanup Program
March 17, 2015
Overview of Brownfield Cleanup Program
Op Ed
State Budget
State budget gaps are coming. The time to address them is now.
Albany Times Union
October 20, 2023
With temporary funding boosts petering out, New York must curtail spending growth to head off painful cuts later.
Report
Economic Development
Bigger Not Better
New York’s Expanding Economic Development Programs
February 18, 2015
Although some modest reforms have been made, many economic development programs have grown significantly without the improvements needed to address widely noted shortcomings.
Report
Energy & Environment
Keys to a Cap-and-Invest Design That’s Earth- and Economy-Focused
Recommendations for a Cost-Effective Program to Meet New York's Ambitious Climate Goals
November 28, 2023
While NYCI provides a great opportunity to reduce emissions in a cost-effective manner and fund critical investments strategically, its success depends on it being well designed and implemented.
Blog
State Budget
Hits Outnumber Misses in the Governor’s FY 2016 Budget Proposal
January 26, 2015
The fiscal year 2016 Executive Budget worthwhile proposals that should not be overlooked in the wake of the Assembly leadership crisis. Nonetheless, some misguided elements should be eliminated or modified.
Statement
State Budget
Statement on New York State Fiscal Year 2024 Budget Delay
March 31, 2023
While critical policy issues are being hammered out, little if any attention appears directed to how billions of dollars of added unfunded programs will explode the State’s already significant structural budget gap.
Statement
State Budget
Statement on the NYS Executive Budget for Fiscal Year 2024
February 01, 2023
With a structural budget gap exceeding $12 billion annually, New York should focus on aligning spending with revenues, and should not create new fiscal cliffs.
Statement
State Budget
Statement on the NYS Fiscal Year 2024 Enacted Budget Financial Plan
June 12, 2023
NYS's Enacted Budget Financial Plan reveals that the State’s future budget gaps have doubled to $9.1 billion just next year and $13.4 billion in fiscal year 2027.
Blog
Economic Development
Shrink, Don’t Expand, the New York State Film Tax Credit
March 06, 2023
The current program already is overly generous compared to other states and should be phased out.
Report
State Budget
The Mid-Year Check-in
Six Takeaways from the NYS Financial Plan Update and Quick Start Budget Report
November 20, 2023
The fiscal news of the last three weeks makes one thing clear: This year’s budget process will be unlike those of recent years.
Blog
State Budget
Five Fast Facts About the New York State Fiscal Year 2024 Executive Budget
February 03, 2023
To start to unpack the fiscal drivers and implications, CBC starts with five fast facts.
Letter
State Budget
Recommendations for Legislative Action on the Fiscal Year 2024 NYS Executive Budget
Letter to the State Legislature
March 11, 2023
Our state’s competitiveness to attract and retain residents and businesses may well be more threatened now than any time in the last 50 years.
Report
Economic Development
11 Billion Reasons to Rethink
New York's Increasing Economic Development Spending
July 20, 2023
Despite improved disclosure about individual projects, State and local economic development spending continues to increase without sufficient evidence that these programs cost-effectively create jobs or are more beneficial than alternative uses of the funds.
Podcast episode
State Budget
$227 billion, with NYS Budget Director Robert Megna
March 20, 2023
$227 billion is the size of the NYS FY 2024 Executive Budget. The State's finances are in a precarious state, with the economy uncertain and the budget going from riches to rags. There is an $8 billion surplus this year, but outyear gaps of over $7 billion and a $12 billion structural gap. Joining the podcast is NYS Budget Director Robert Megna, who was appointed only 10 days prior to this recording and has returned to the role he held from 2009-2015.
Blog
State Budget
What to Look for in New York State’s New Year
January 09, 2023
The State enters a new Legislative session and a new gubernatorial term in less favorable fiscal condition than a year ago and with threatening economic headwinds.
Blog
Economic Development
Economic Development Bigger in State Budget, But Benefits Unclear
April 15, 2015
Since 2011 New York leaders have restrained growth in the state’s operating budget; in contrast, the scale and scope of questionable economic development programs continue to be expanded significantly. In 2014 state and local spending for these activities totaled $8 billion.
Blog
Economic Development
No Extension without Evaluation
Reject Proposed Extension of Certain NYC Economic Development Tax Breaks Absent Appropriate Analysis
February 23, 2023
Prior evaluations found two of these programs to be ineffective; the bar to justify their extension should be appropriately higher.
Statement
State Budget
Statement on the NYS Fiscal Year 2024 Enacted Budget
May 02, 2023
More than a month late, New York State’s elected leaders are finally enacting the Fiscal Year 2024 Budget.
Blog
State Budget
The Reality of New York State’s Future Surpluses
January 15, 2015
Explains the "aspiration" surpluses in the State's FY2016 budget proposal and what is needed to achieve the savings.
Report
State Budget
Steep Incline and Cliffs Ahead:
Unaffordable NYS FY 2024 Spending Proposals Put Future at Risk
March 24, 2023
New York State’s budget has recently grown at an incredible and unsustainable rate, risking future instability and setting the stage for damaging service cuts or counterproductive tax increases.