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Statement
Pensions & Benefits
Statement on Proposed Tier 6 Benefit Sweetener as Part of State’s Fiscal Year 2025 Budget
March 27, 2024
The proposed change to Tier 6 pension benefits, which will cost the State and local governments in New York nearly $400 million per year, is unnecessary, expensive, and should be rejected.
Testimony
Public Workforce
Testimony on the NYC Municipal Workforce
Delivered before the New York City Council Committees on Civil Service and Labor, and Oversight and Investigations
September 09, 2022
The City needs to move the existing vacancies to where they are needed, streamline the hiring process, and consider how to be more flexible given the tight labor market and modern career paths.
Statement
Transportation
Statement on the Empire State Development General Project Plan and Letter of Mutual Agreement with the City for the Penn Station Area Civic and Land Use Improvement Project
July 26, 2022
Catalyzing development in the Penn Station district and renovating the station itself should help New York’s competitiveness and enable future growth.
Statement
Transportation
Statement on NYC Ferry Forward Plan
July 14, 2022
The Adams Administration plans to take some important, positive steps to improve the finances and transparency of NYC Ferry.
Testimony
Transportation
Testimony to the New York State Senate on the Pennsylvania Station Area Civic and Land Use Improvement Project
Submitted to the Senate Standing Committee on Corporations, Authorities and Commissions and the Senate Standing Committee on Finance
June 24, 2022
To ensure the project has the maximum and most cost-effective impact, the plan should be designed and executed well, should be based on appropriate decision making input and authority, and should appropriately leverage City, State, federal, and private resources.
Statement
State Budget
Statement on Economic Development Database and Film Tax Credit in the Fiscal Year 2023 Enacted Budget
April 08, 2022
For too long New York has been a leader in economic development spending, but not a leader in economic development program results.
Testimony
City Budget
Testimony on New York City Police Department's Fiscal Year 2023 Preliminary Budget
Submitted to the City Council Committee on Public Safety
March 18, 2022
Earlier today, CBC released an analysis of the NYPD’s budget that identified six major fiscal takeaways
Statement
Taxes
Statement Regarding the New York State Joint Legislative Budget Hearing on Taxes
February 16, 2022
The enacted State budget should allow the business tax increase to sunset and should restrain spending to allow the personal income tax increase to sunset sooner or at least as scheduled.
Statement
Economic Development
Statement Regarding the New York State Joint Legislative Budget Hearing on Economic Development
February 16, 2022
Without improvements in the State’s allocation decisions, oversight and reporting, and evaluation, New Yorkers are unlikely to get the value and economic impact they deserve.
Testimony
Economic Development
Testimony on the Effectiveness of NYS Economic Development Programs
Submitted to Joint NYS Senate Committee Hearing
January 14, 2022
While New York is a leader in the scope and amount of its economic development spending, it is not a leader in job-creating projects.
Testimony
Taxes
New York City Property Tax Reform
Testimony Submitted to the New York City Advisory Commission on Property Tax Reform
November 27, 2018
CBC makes recommendations for property tax reform to fix problems with transparency and equity of the system.
Op Ed
Economic Development
The Smart Money on Amazon
Strengths and weaknesses in the Long Island City deal
November 23, 2018
As New Yorkers search for Black Friday deals, including on Amazon, we are also scrutinizing the deal offered to the retail giant to come to Long Island City.
Letter
Economic Development
Veto Ten Bills That Expand Economic Development Programs
A Letter to the Governor
August 14, 2018
The Governor should veto ten bills that would expand the State’s economic development programs. Three of the bills would expand or enrich existing programs, six bills would create a new targeted program, and one bill would create a new broad program.
Letter
Taxes
New York State Should Create an Unincorporated Business Tax
A Letter to the NYS Department of Taxation and Finance
July 26, 2018
A UBT is needed to blunt the impact of federal tax reform; here are CBC's recommendations for designing it.
Op Ed
Pensions & Benefits
Pension sweeteners a bitter prospect for New York City
New York Daily News
June 15, 2018
The City Council adopted a budget for fiscal year 2019 that totals almost $90 billion. Almost $10 billion will be devoted to pensions for public employees, and the amount is projected to grow. And yet, for some, this is not enough.
Op Ed
City Budget
How New York City Can Afford Fair Fares
Slowing the growth of the city’s workforce would provide the needed savings
April 16, 2018
The Fair Fares proposal can be accommodated within the city budget by exercising greater restraint in hiring and more aggressively tackling inefficiencies in its operations.
Op Ed
Economic Development
The State Budget Keeps Wasting Economic Development Cash
City & State
April 06, 2018
As the New York state budget was being adopted by the Legislature this weekend, some legislators objected to a $3 million appropriation for an upstate luxury golf tournament deemed to be an economic development initiative.
Statement
State Budget
Statement on the NYS FY2019 Budget
March 31, 2018
The budget gap will be closed using short-term measures instead of restraint in and reform of spending commitments.
Op Ed
Transportation
Latest value capture proposal could harm NYC
City taxes should not be diverted to the MTA without local input
March 22, 2018
While value capture makes sense in theory, any such arrangement should be tailored to specific projects and circumstances - with the agreement of the City.
Letter
State Budget
Significant Impacts the Tax Cuts and Jobs Act on the Residents and Revenues of New York State
Letter to Governor Cuomo
March 20, 2018
I write to convey the Citizens Budget Commission’s findings about the significant impacts the Tax Cuts and Jobs Act (TCJA) will have on the residents and revenues of New York City and New York State and recommended steps needed to address these problems.