Statement from New York State Budget Director Robert Mujica Jr., on a Fiscally Responsible Budget

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ALBANY, NY — March 7, 2019 —  “The Governor has been crystal clear that he will not agree to a budget that is not fiscally responsible, or without MTA financing – using either congestion pricing or fare increases. Further the budget must include a permanent tax cap, and bail reform — which is currently stalled in the legislature but has …

eHeziStatement from New York State Budget Director Robert Mujica Jr., on a Fiscally Responsible Budget

Updated Statement from New York State Budget Director Robert Mujica Jr. on Revenue Projections for the MTA

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ALBANY, NY — March 6, 2019 — “Congestion pricing is projected to yield $15 billion, the internet sales tax would yield roughly $5 billion, and the tax on cannabis could generate an additional $2 billion for a total of $22 billion for the next MTA capital plan. But even that leaves a shortfall to get to the low end of …

eHeziUpdated Statement from New York State Budget Director Robert Mujica Jr. on Revenue Projections for the MTA

New York State Budget Director Robert Mujica Jr., on the Lack of Consensus with the State Legislature on Revenue Estimates

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ALBANY, NY — March 3, 2019 — “The Governor has said that the challenge for this budget is dealing with the fiscal realities of revenue shortfalls and an unstable economy. At our revenue forecasting conference, independent nationally recognized economists, including those invited by the Legislature, warned of a slowing economy. The Federal SALT tax changes are hurting our economy and limiting our …

eHeziNew York State Budget Director Robert Mujica Jr., on the Lack of Consensus with the State Legislature on Revenue Estimates