State Budget

Fast Facts

55%

Decline in NYC lane miles reconstructed in 2010 from a 2007 high

Featured Report

Rent Regulation: Beyond the Rhetoric

Letter to the Governor on Benefit Sweeteners for State and Local Employees

Jul 22, 2010

The fiscal realities of the time have not deterred the Legislature from advancing dozens of bills enhancing benefits for State and local employees and retirees. The CBC has been tracking the progress of 25 of these bills on its annual Sweetener Scorecard.

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Press Release

Statement on the Passage of the Extender Bill

May 10, 2010

With the passage of the temporary spending bill today New York will begin a forced savings plan through the furlough of State employees. With a $9 billion budget gap yet to be addressed this year and a $20 billion gap in just three years, savings are urgently needed and labor is one of the right areas of the budget in which to seek them.

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Op-Ed

No More Aid for the Affluent

Mar 28, 2010

CBC President Carol Kellermann explains how the State can cut spending equitably in the three largest areas of the budget: Medicaid, education, and employee benefits.

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Press Release

CBC Statement on Lieutenant Governor Ravitch’s Financial Plan Proposal

Mar 16, 2010

The CBC issued the following statement on Lieutenant Governor Ravitch's financial plan proposal.

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Report

In The Danger Zone: A Comparative Analysis of New York State's Long-Term Obligations

Mar 09, 2010

A comparative analysis of the 50 states indicates that New York's debt burden is in a "danger zone;" it is well above national averages and greater than that of all but three states. As a result New Yorkers are currently paying about $5.6 billion in debt service, and in four years the state's credit card obligation will be over $7.1 billion or one of every ten dollars paid in taxes.

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Press Release

CBC Issues Report On New York State’s Debt Burden

Mar 09, 2010

CBC released a report on New York State's debt burden, which raises serious concerns about the existing levels of debt and comes at a time when the State is considering ways of addressing a budget gap of more than $9 billion.

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Pocket Summary

Five-Year Pocket Summary, 62nd Edition, March 2010

Mar 05, 2010

Collection of financial data relating to New York City and New York State government in FY 2006-2010.

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Presentation

Time for a Turnaround: Facing Fiscal Reality in New York State

Feb 22, 2010

CBC prepared a two part presentation on New York State's fiscal situation and the Executive Budget proposal for FY 2011.

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Testimony

Testimony before the Select Committee on Budget and Tax Reform on Improving Transparency, Forecasting and Flexibility in New York State's Budgetary Process

Dec 17, 2009

In this testimony the CBC assessed the effectiveness of provisions in the New York State Budget Reform Act of 2007

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Press Release

Statement on the Passage of Tier V Legislation

Dec 02, 2009

The CBC commends Legislators for moving to help counteract the mounting pressure on state and local budgets by putting a new and less costly benefit plan in place for new public employees.

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Power Search

Scorecard 2010

CBC on YouTube