New York spends approximately $7 billion annually on economic development. Dozens of different economic development programs issue subsidies such as tax exemptions, tax credits, grants, tax-exempt bonds, and discounted land to corporations, ostensibly in the name of job creation, economic growth and an improved quality of life for all New Yorkers. At such a high price tag, New Yorkers deserve to know: how is this money being spent, and what return are taxpayers getting from this investment? Are these programs actually creating good jobs and community benefits? Our new report surveys and rates the larges economic development programs.