Few economic development initiatives in New York State’s history have been the subject of more marketing hype than START-UP NY, which created scores of tax-free micro-zones on and near college campuses around the state. Governor Andrew Cuomo has spared no superlatives in describing his expectations for the program, backing it with a slick, $47 million advertising campaign that touted START-UP as proof that “in New York State, we’re changing the way we do business.” But the results so far haven’t come close to living up to the governor’s rhetoric. Read More
Research
Squirreled away in the new state budget is a provision—first proposed by Governor Andrew Cuomo—that will guarantee future periodic pay raises for the governor, New York State legislators and other state government officials. But is it constitutional? Read More
New Yorkers who haven't yet filed their 2014 tax returns are about to be reminded that the Empire State's income tax form is more cluttered than ever -- thanks, in part, to a proliferation of voluntary contribution "check-off" boxes. Since the establishment of the "Return a Gift to Wildlife" fund in 1982, the list of check-offs has expand to 10 causes, including cancer research, veterans remembrance and the development of the 9/11 memorial. As if that wasn't enough, some mental health groups want lawmakers to approve an eleventh checkoff, this one to be known as "Gift for Eliminating the Stigma Relating to Mental Illness." Read More
Albany's biggest, juiciest capital pork pie — the mysterious State and Municipal Facilities Program — just keeps getting bigger and bigger. Read More
In many respects, New York City looks economically and fiscally as strong as it’s ever been. But it’s still worth recalling that, 40 years ago this week, things were very different. Read More
One of the best things about New York's newly adopted state budget for fiscal 2016 is something that's not in it (yet): a costly new state subsidy of homeowners' local property taxes. Governor Cuomo's Executive Budget proposal included an income tax credit (of the type also known as a "circuit breaker") that, when fully implemented by 2019, would funnel $1.7 billion a year to about half of the state's homeowners, plus renters. Read More
Governor Andrew Cuomo’s plan for allocating $5.4 billion in windfall funds has survived, almost intact, in the agreed-upon New York State budget for the 2016 fiscal year, which starts April 1. Consistent with Cuomo’s original vision, the final plan shortchanges basic transportation and municipal infrastructure. Read More
The pork-barrel spending better known as legislative member items has reappeared in a budget bill that New York State legislators are expected to vote on this week. Read More
After a small gain during the previous decade, upstate New York’s population dropped slightly between 2010 and 2014, according to Census Bureau data. Read More
New York’s property tax cap has survived a legal challenge from the New York State United Teachers (NYSUT) for the second time in six months. Read More
The Legislature is on the verge of following Governor Cuomo's lead by making three big moves in the wrong direction. Read More
Good news to cap off Sunshine Week: at least some local government and school officials are working to make their websites more useful and informative. Read More
