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Testimony
Economic Development
Testimony on Regular Evaluation of Tax Expenditures
Submitted to the New York City Council Committee on Finance
September 22, 2016
The impact of tax expenditures should be regularly assessed to determine whether they are inducing behavior or subsidizing activity that would happen anyway.
Testimony
Economic Development
Testimony on Economic Development Programs
Delivered to the NYS Assembly Committee on Economic Development
August 03, 2016
Project-specific appropriations for economic development should cease at least until eligibility criteria are established and accountability mechanisms enhanced.
Op Ed
State Budget
What Will Be The Long-Term Impact Of The State Budget Agreement?
April 03, 2016
Gov. Andrew Cuomo’s proposed budget projected out-year deficits of $1.2 billion, $3 billion and $3.4 billion in state fiscal years 2018, 2019, and 2020 (before unspecified savings associated with adherence to a 2 percent state operating spending growth cap).
Letter
State Budget
Recommendations on the FY 2017 Executive Budget
February 25, 2016
CBC offers recommendations for legislative action on the Governor’s Executive Budget for fiscal year 2017. The recommendations cover four proposals that deserve support, five proposals that should be modified, and four proposals that should be rejected.
Letter
Transportation
CBC Encourages MTA to Link Fares to Operating Expenses; Explore Peak Pricing
September 30, 2010
The CBC seeks to stress two points: 1) the fare increases to be approved for January 2011 and proposed for January 2013 should move toward establishing a long-term policy to cover half of operating expenses with fare revenue, and 2) the MTA should explore the feasibility of incorporating the practice of “peak pricing" for subways and buses.
Op Ed
Transportation
Keeping the City from Falling Apart
July 28, 2010
With the city's 2011 operating budget recently approved it is worth asking how well current budgets provide for repair and maintenance of our roads, bridges, tunnels, parks and other public infrastructure. The answer is disappointing.
Op Ed
Economic Development
NY Needs to Create Jobs
June 02, 2010
Deputy Research Director Elizabeth Lynam penned an op-ed in the Albany Times Union that advocates for the overhaul of the State's economic development programs in order to capture true job creation with scarce resources.
Letter
Economic Development
CBC Urges the State Legislature to Let the Empire Zones Program Sunset
April 12, 2010
This letter was written to urge the State legislature to allow the seriously flawed Empire Zones program to sunset as of June 30, 2010, as established by law, and to enact the Excelsior program as proposed by the Governor.
Op Ed
Transportation
The MTA: Who'll Pay?
December 02, 2008
This op-ed by CBC President Carol Kellermann and Research Director Charles Brecher proposes the most equitable division of responsibility for mass transit in the metro area. CBC believes that the appropriate balance among riders, car and truck drivers, and the general public (in the form of tax subsidies) is about 50/25/25.
Op Ed
State Budget
Budget Busters
August 18, 2008
CBC President Carol Kellermann discusses Governor David Paterson's offer of a menu of more than $1 billion in savings proposals from which he challenged legislators to select $600 million worth when they convened in Albany for a special session.
Op Ed
State Budget
Overhaul Prisons to Cut Costs
February 18, 2008
One place where the State can extract savings is in its prison system, an option that this op-ed discusses. New York simply does not need all 69 of its correctional facilities.
Op Ed
Transportation
Down Bound Train
October 28, 2006
In September 2006, Peter Kalikow, chairman of the Metropolitan Transportation Authority, eliminated a five percent fare increase for subways, buses and train on the grounds that revenues are running ahead of schedule. CBC recommends two strategies: 1) a greater commitment to productivity enhancements in order to reduce the rate of cost increases and 2) increasing revenue.