Reports and Fact Sheets

March 2023 Lump Sum Warning Report Finds $14.8B Waste/Corruption-Prone Pots of Money in Budget Reinvent Albany and Citizens Budget Commission released a joint report finding $14.8B in proposed lump sum pots in Gov Hochul’s Executive Budget Read more January 2023 Gov Hochul Doubling Down on Totally Discredited Corporate Welfare An analysis of the four biggest boondoggles that Governor Hochul mentioned in the State of the State. Read more January 2023 State Still Keeping Nine Big Secrets About Vornado/Penn Station Deal ESD and the Hochul administration continue to hide basic information about the Penn Station redevelopment project. We call on them to be fully transparent with the public and release this critical information. Read more January 2023 TIFs: No Such Thing as Free Money Tax Increment Financing (TIF) schemes divert future tax revenue from special districts to government-backed projects intended to reduce blight or create jobs via redevelopment. We oppose TIFs because they are off-budget and put tax dollars at risk. Read more December 2022 Skipping Out: NYS Not Making $375 Million/Year in Payments Promised to MTA By ending budget scams, Gov. Hochul can immediately restore $375 million in MTA funds from the 18-b program and PMT replacement funds. Read more August 2022 Key Sources on Penn Station Redevelopment Plan Reinvent Albany has compiled a list of key sources on the Penn Station Redevelopment Plan. We will continue to update. Read more July 2022 Watchdog Report Uncovers $1.2B Tax Break for Vornado in Opaque Penn Station Financing Scheme Reinvent Albany published a detailed analysis of NYS’s secretive plan to pay for Penn Station upgrades. Read more May 2019 Open MTA – 50 Actions NY Can Take to Renew Public Trust in the MTA A comprehensive report that makes specific recommendations for improving the MTA’s transparency, governance, oversight and ethics. (2019) Read more