More On Economic Development
Search Within This Topic
Showing 1 - 20 of 21
Press Release
Economic Development
CBC Study Calls for Better Reporting on Economic Development Projects
The Value of Investments Through Regional Economic Development Councils Cannot Be Determined Without Better Understanding Results
November 30, 2015
The study concludes that the value the Councils may have in coordinating economic development activities across the state cannot be properly evaluated with existing data.
Report
Economic Development
An Assessment of Performance Reporting by Regional Economic Development Councils
November 29, 2015
This brief assesses the performance of New York State's Regional Economic Development Councils over the past four years and offers recommendations for further improving data collected on projects and on the economic performance of the regions.
Blog
Economic Development
Learning from Past Mistakes
Examining Changes to the Excelsior Jobs Program
October 20, 2015
In 2008, CBC called for the elimination of the Empire Zones jobs program amid concerns it wasted public resources. In 2010, New York State replaced Empire Zones with the streamlined Excelsior Jobs Program. Excelsior was designed to avoid the errors of Empire Zones but until recently it has been difficult to assess to what degree it achieves its objectives.
Letter
Economic Development
CBC Urges Governor Cuomo to Improve Practices of Industrial Development Agencies
July 13, 2015
This letter calls on the Governor to sign A7915/S5867, which would improve the effectiveness of millions of dollars in tax breaks awarded by Industrial Development Agencies (IDAs).
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.
Op Ed
Economic Development
What's the Return on Investment for New York's Economic Development Efforts?
March 22, 2015
New York State's economic development programs have long been the subject of debate because it is difficult to measure the benefits they produce. Are the State's considerable investments worthwhile? Although their political value is clear, their economic value is not.
Blog
State Budget
New York’s $1 Billion Brownfield Cleanup Program
March 17, 2015
Overview of Brownfield Cleanup Program
Letter
State Budget
Recommendations on the FY 2016 Executive Budget
February 25, 2015
CBC's recommendations to the State legislature cover six proposals that deserve support, three proposals that should be improved, and three proposals that should be rejected.
Press Release
Economic Development
CBC Releases Report on NYS Economic Development Programs
Modest Reforms Have Been Adopted, But Most Investments Continue To Be Problematic
February 19, 2015
The report analyzes the changes in economic development spending from 2010 to 2014 and the extent to which problems previously identified have been constructively addressed.
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.
Op Ed
State Budget
Ten Key Takeaways from Governor Cuomo's Executive Budget
January 28, 2015
Last week, Citizens Budget Commission listed the Top Ten Things to Look for in the NYS 2016 Budget. Here is how they fared in the Executive Budget Proposal outlined by Governor Cuomo on January 21.
Blog
State Budget
Governor Cuomo’s Third Budget: Priorities for Fiscal Year 2013-14
December 17, 2012
Four important challenges face state leaders as they prepare the next budget for FY2014 in Medicaid, Education, Economic Development and Local Government Relief.
Op Ed
State Budget
Priorities for Governor Cuomo's Next Budget
December 17, 2012
Governor Andrew Cuomo and the New York State Legislature have successfully tackled serious budget issues in recent years, but important challenges remain. These must be addressed in his next budget in order to improve the state's fiscal condition and give local governments better tools to manage their structural deficits.
Report
Economic Development
Recommendations for the Next Round of Economic Development Council Awards
October 10, 2012
This brief analyzes the first round of awards for New York State's Regional Economic Development Councils and provides recommendations to standardize and improve evaluation of programs, as well as move toward a unified economic development budget.
Op Ed
City Budget
Cleaning Up NY's Garbage Disposal
June 03, 2012
New York City generates more than 25 tons of garbage per minute. That's 14 million tons per year, and the city's Department of Sanitation spends $2 billion annually to collect and dispose of about a third of it.
Blog
Economic Development
Economic Development Reporting in New York City: What’s Missing?
April 11, 2012
In New York City, current reporting requirements fall short of capturing the full amount of spending in the name of economic development.
Testimony
Economic Development
Testimony to the Joint Legislative Budget Hearing on Economic Development
January 31, 2012
First, the legislature should not authorize additional funds for another round of regional competition until the “hydra” of economic development is tamed. And second, they should improve the accountability and transparency of all expenditures in this area.
Testimony
Economic Development
Testimony on Empire Zone Program
Submitted to NY City Council Economic Development Committee
November 24, 2009
The CBC argued that the Empire Zone program's mission has been lost, the program's objectives are not measured consistently, local agencies do not hold firms accountable for the economic commitments they make, and the program is failing to meet the targets firms set when they are approved for benefits.
Testimony
Energy & Environment
Testimony on NY Power Authority Economic Development Programs
Delivered to a Joint Session of State Committees
September 23, 2009
A testimony before a number of State Senate and Assembly committees which reviews the findings of a recent CBC report on the efficacy of NYPA's economic development programs.
Report
Economic Development
Overhauling the New York Power Authority's Economic Development Programs
September 22, 2009
This report focuses on the numerous subsidized power programs for economic development run by the New York Power Authority. It is the second in a series, the intent of which is to identify ways that New York's current tools can be used more effectively.