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Letter Economic Development
November 17, 2016This bill would create new tax credits for music production and digital gaming media production, with both credits costing $25 million annually for the next three years. The total cost is estimated to be $150 million.
Op Ed State Budget
April 03, 2016Gov. Andrew Cuomo’s proposed budget projected out-year deficits of $1.2 billion, $3 billion and $3.4 billion in state fiscal years 2018, 2019, and 2020 (before unspecified savings associated with adherence to a 2 percent state operating spending growth cap).
Letter State Budget
February 25, 2016CBC offers recommendations for legislative action on the Governor’s Executive Budget for fiscal year 2017. The recommendations cover four proposals that deserve support, five proposals that should be modified, and four proposals that should be rejected.
January 22, 2016The two most significant issues are: 1) among residential properties, rental buildings are taxed more heavily than single family homes, and 2) within the two subgroups of residential properties—small homes and large rental buildings—property tax rates vary widely.
November 26, 2013This letter to the NYS Tax Relief Commission includes cautions about the State's ability to commit to large new property tax relief programs, and recommendations for providing better relief with the $4 billion the State spends on current programs.
July 16, 2013The CBC urged the Port Authority to improve its budget process and make it more transparent. The letter offered six recommendations to resolve these problems, such as long-term planning, regular reporting, and detailed budgeting.