State Gambling Revenues Growing Again

State and local governments' revenues from gambling rose 2 percent in fiscal year 2010 compared to the previous year, following an unprecedented dip, according to this Institute report. Nonetheless, total revenues from gambling remained lower than in fiscal year 2008. Pennsylvania accounted for nearly half the nationwide growth in 2010.
Read the news releaseRead the report

SUNY’s Role in a Stronger New York Economy

A comprehensive study by the Rockefeller Institute and the University at Buffalo Regional Institute finds the State University of New York is positioned to be the critical force in building an innovation economy for New York. Its economic impact equates to $5 for every $1 of state support. It has a diverse array of economic development activities already in place — and a growing potential.
Read the news releaseRead the report

Tax Collections Grow for 5th Straight Quarter

Data from 47 early reporting states shows collections from major tax sources increased by 9.1 percent in the first quarter of 2011 compared to the same quarter of 2010. That represents the third consecutive quarter of increasing strength in revenues.
Read the Data Alert

Volcker-Ravitch Task Force Directed by Boyd

Donald Boyd, a senior fellow at the Institute, will serve as executive director of the Task Force on the State Budget Crisis, created by former Federal Reserve Chairman Paul Volcker and former New York Lieutenant Governor Richard Ravitch.
Read the news release

From Our Experts...

Governor Cuomo’s Historic Trifecta

By Robert B. Ward
New York's freshman governor delivered three policy changes in his first legislative session that are likely to have long-lasting effects: gay marriage, a property tax cap and sharp reduction of a structural budget gap. The result: Restoration of the power of the chief’s executive office in Albany.

A Home-Grown Strategy for Economic Growth

By Thomas Gais
Our country's economic strengths include an entrepreneurial culture, the excellence of its higher education institutions and its regional diversity. These strengths can be combined to great effect, as our studies of the State University of New York and other institutions have shown.