| Cut the Waste | Not the Workers |
| Budget solutions from the New York State Public Employees Federation | |
| Cut Consultant Use | Savings: $280 million annually |
| Reduce Overtime | Savings: $34 million annually by reducing overtime 60 percent by hiring entry-level state employees |
| Stop the Tax Cuts for New York’s Wealthy | If New York State lets the income tax surcharge expire at the end of the calendar year a family making $50,000 a year will have the same marginal tax rate as an individual who makes $50 million a year. Added Revenue: $1 billion ($4 billion annually) |
| Allow Wine Sales In Grocery Stores | Added Revenue: $93 million |
| Cut Corporate Welfare | State spending on corporate
welfare (Brownfields Tax Credits, Empire Zones Tax credits, Investment
Tax Credits, Retail Enterprise Tax Credits, and many others) increased
by 33% from SFY 2000 to SFY 2010, from $4.044 billion to $5.363 billion.
Savings: $1.32 billion annually by cutting corporate welfare to SFY 2000 spending levels. |
| Cut Public Authorities | Combining Authorities with
state agencies that provide the same services could create
organizational savings and economies of scale. Savings: $2.2 billion annually based on a 5% reduction through consolidation of operations and revenue streams of public authorities into state agencies.* * Expenditures by self-reporting authorities for the most recently reported fiscal year totaled $44 billion. |
| Institute a Workplace Injury Reduction Program | Savings: $45 million annually based on a 20 percent reduction resulting from comprehensive prevention efforts to address causes of the injuries. |
| Total Savings/Revenue = $4.972 billion dollars | |
| External Links: | State
'fix' losing credit -Albany Times Union, February 7, 2011 |
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