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Testimony
Housing
Testimony On New York City Housing Authority’s Blueprint for Change
New York State Assembly Standing Committee on Housing
December 08, 2020
NYCHA’s capital needs are immense, and addressing them requires employing multiple innovative strategies.
Statement
City Budget
Statement on the NYC November 2020 Quarterly Modification to the Financial Plan for Fiscal Years 2021-2024
November 23, 2020
The City needs to close the $3.8 billion fiscal year 2022 budget gap in the Preliminary Budget for Fiscal Year 2022, due in January 2021.
Op Ed
Taxes
Don’t Bring Back the Stock Transfer Tax
City & State
October 23, 2020
It could drive business out of New York and won’t live up to revenue projections.
Op Ed
City Budget
It’s Time to Fix New York’s Dysfunctional Construction Regulations
Crain’s New York Business
October 02, 2020
There is no better way to rebound from the economic and social damage inflicted by the Covid-19 pandemic than to seize the opportunity to address some of New York City’s most intractable challenges.
Op Ed
City Budget
A Budget Battle Plan for NYC
New York Daily News
September 16, 2020
Ensuring the city’s finances are well managed is more important than ever.
Statement
City Budget
No NYC Borrowing Authority without More Savings, Fiscal Stability Plan, and FCB
September 08, 2020
While New York City’s fiscal crisis is severe, it should not borrow now to balance the fiscal year 2021 budget.
Statement
City Budget
CBC Statement on City’s Land Use Process
August 18, 2020
CBC is increasingly concerned that at times the City’s land use process serves as an impediment to proposals needed to spur growth.
Statement
City Budget
CBC Statement on the NYC Adopted Budget for FY2021
June 30, 2020
New York City leaders may be breathing a sigh of relief for meeting the budget deadline after particularly arduous negotiations, but the fiscal crisis is far from over.
Letter
City Budget
CBC Urges Governor to Approve RDF Bill with Chapter Amendment
A Letter to the Governor
June 05, 2020
CBC has championed the creation of a well-designed RDF for NYC; however, this bill should not become law as currently drafted.
Letter
State Budget
CBC Strongly Urges Amendment of Rainy Day Fund Bill
A Letter to State Legislative Leaders
May 26, 2020
CBC has championed the creation of a well-designed RDF for NYC; however, this bill fails to place essential restrictions on the use of the RDF, and should be amended to add those restrictions.
Letter
City Budget
CBC Urges State Legislative Leaders to Reject Borrowing Bill for NYC
May 26, 2020
The Legislature should reject the bill to permit NYC to issue long-term debt to pay for operating expense related to the COVID-19 pandemic.
Statement
City Budget
Statement on the NYC Fiscal Year 2021 Executive Budget
April 16, 2020
While the City is to be commended for balancing the budget without tax increases or borrowing, it has used a short-term strategy that leaves a significant gap in FY 2022.
Statement
City Budget
CBC Calls for Greater Savings to Address Looming NYC Budget Gap
March 24, 2020
Responding to the pandemic and the economic crisis it has triggered will have a significant impact on NYC’s finances in both the near and long term.
Op Ed
State Budget
Let’s have some fiscal emergency preparedness, New York
New York Daily News
March 02, 2020
As we have watched the stock market drop and serious concerns about the coronavirus mount, we budget watchdogs predictably have started to worry.
Statement
City Budget
Statement on the NYC Fiscal Year 2021 Preliminary Budget
January 16, 2020
The budget presented today holds the line on new spending programs. However, it misses the opportunity to further improve the City’s preparedness for looming risk.
Testimony
Energy & Environment
Testimony on NYC Solid Waste Management Practices
Submitted to NYC Council Committee on Sanitation & Solid Waste Management
October 27, 2011
New York is being wasteful in its waste management practices. We could save tens of millions, perhaps even hundreds of millions, of dollars without harming the environment by more sensibly managing New Yorkers’ solid waste. An improved system for waste collection and disposal could prevent further reductions in essential services in coming budgets.
Op Ed
Economic Development
Four Principles for Governor Cuomo's Regional Economic Development Councils
September 27, 2011
CBC Vice President and Director of State Studies Elizabeth Lynam pens an op-ed listing four principles to govern the operation of the new regional economic development councils. These principles will help the state face the sizable challenges ahead and avoid the mistakes made in past economic development efforts.
Letter
Pensions & Benefits
CBC Inquiry About the Health Insurance Premium Stabilization Fund
June 27, 2011
CBC Letter to Comptroller John Liu asking three questions about the Health Insurance Stabilization Fund (HISF) and calling for an audit.
Op Ed
Housing
Rent Regulation Is Not Affordable Housing
May 22, 2011
CBC President Carol Kellermann pens an op-ed urging the State legislature to to extend, but not expand, rent regulation in New York City.
Op Ed
State Budget
Bravo on Budget; Now to Lawmaking
April 02, 2011
Gov. Andrew Cuomo and state legislative leaders deserve credit for agreeing on a budget that breaks some bad habits. It was on time, reins in spending that was growing at an unsustainable pace, and minimizes the facile devices that checkered past budgets—deficit borrowing, tax hikes, one shots and other gimmickry.