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Podcast Episode
November 09, 2017
Podcast Episode
November 09, 2017

$67 Billion, with Jay Kriegel $67 Billion, with Jay Kriegel

$67 billion is the amount of state and local taxes New York State residents deduct from their federal tax returns each year. Known as SALT, this deduction is the topic of intense debate in Washington. Congressional leadership proposes to eliminate or cap SALT in order to offset the cost of corporate and other tax cuts.

Special guest Jay Kriegel, Senior Advisor at Related Companies, is a New York communications and strategic advisor who has been involved in a number of major New York political and policy initiatives. In 1986, Jay led a national coalition that thwarted an attempt to eliminate the SALT deduction, and today he has taken a leadership role in the coalition to protect it.
Podcast Episode
November 02, 2017
Podcast Episode
November 02, 2017

348 and 74, with Riley Edwards 348 and 74, with Riley Edwards

The data points are 348 and 74.

348 is the number of Local Development Corporations and Industrial Development Agencies in NYS. These corporations made $16.2 billion in economic development investments from 2011 through 2015, yet only 5 of the state's 62 counties have had job growth higher than the national average. For this half of the podcast WTDP is joined by CBC Research Associate, Riley Edwards, author of the recent report: "Opaque and Duplicative - Local Economic Development in New York State."

74 is the number of Business Improvement Districts in NYC. CBC's report "BIDS - Organization, Oversight, and Transparency" describes the history and nature of these organizations, what services they provide, and whether property owners are getting their money's worth. WTDP is joined by CBC's Director of Research, Tim Sullivan, to explain.
Podcast Episode
October 25, 2017
Podcast Episode
October 25, 2017

$95 billion, with Dr. Thad Calabrese $95 billion, with Dr. Thad Calabrese

This episode's datapoint is $95 billion, the current value of all of the future retiree benefits, except pensions, already earned by current retirees and employees of NYC. This amount, referred to as OPEB, or 'Other Post-Employment Benefits,' is primarily the cost of health insurance for NYC employees, their spouses and families. Special guest Dr. Thad Calabrese of NYU, and author of CBC's latest report on this subject, "The Price of Promises Made," gives an in-depth look at the City's OPEB obligations, compare them to those of other cities around the country, and explains why the City should establish more appropriate benefits and funding arrangements.
Podcast Episode
October 19, 2017
Podcast Episode
October 19, 2017

1936, with Dr. Gerald Benjamin 1936, with Dr. Gerald Benjamin

This episode's datapoint is 1936, as in the last time that voters in New York chose to call a convention to amend the state constitution. It is a question that is mandated to be on the ballot every 20 years, and after it was voted down by voters in 1957, 1977, and 1997, we are again at the 20-year mark here in 2017. Today's special guest is Dr. Gerald Benjamin of SUNY New Paltz, an expert on the constitution and the convention process.
Podcast Episode
October 12, 2017
Podcast Episode
October 12, 2017

60+ years, with Kent Hiteshew and Renee Boicourt 60+ years, with Kent Hiteshew and Renee Boicourt

This episode's datapoint is "60+," as in the combined years of professional experience of special guests Renee Boicourt and Kent Hiteshew in matters of public finance. Listen to a live recording from CBC's recent event, "Fiscal Crises," where our expert guests discussed lessons learned from the bankruptcy of Detroit and the ongoing crisis in Puerto Rico.
Podcast Episode
September 28, 2017
Podcast Episode
September 28, 2017

95, with City Council Member Julissa Ferreras-Copeland 95, with City Council Member Julissa Ferreras-Copeland

95 is the number of days remaining in the second term of City Council Member Julissa Ferreras-Copeland. Julissa is the first woman, first person of color, and the youngest person to chair the Council’s powerful Committee on Finance, which oversees the adoption of the City’s $85 billion annual budget.

This past June Julissa announced that she would not seek another term in the Council-- she discussed with us her time in the City Council, especially as finance chair, and more.
Podcast Episode
September 21, 2017
Podcast Episode
September 21, 2017

77,651, with HPD Commissioner Maria Torres-Springer 77,651, with HPD Commissioner Maria Torres-Springer

77,651 is the number of affordable housing units financed thus far in Mayor de Blasio’s 10-year plan to construct or preserve a total of 200,000 affordable units over 10 years. Since the Mayor took office, NYC Housing Preservation & Development (HPD) has overseen the commitment of $2.8 billion for affordable housing, most of it through loans and development programs.

HPD Commissioner Maria Torres-Springer joins the podcast to discuss the progress of and challenges to the ambitious Housing New York plan.
Podcast Episode
September 07, 2017
Podcast Episode
September 07, 2017

$66 Billion, with Alex Matthiessen $66 Billion, with Alex Matthiessen

Today’s data point is $66 billion – the amount New York’s school districts received in revenue during the 2015-2016 school year. The state's 674 districts collect an average of $23,635 per student - however, 15 districts surpass this amount, collecting $40,000 per student, while 11 districts fall short, collecting only $11,000 per student.

Broken down by revenue source there’s even more variability, with some districts getting less than 5 percent of revenues from the state, while others rely on state funding for more than 80 cents of every dollar they spend.

Dig deeper with CBC's related blog and interactive map at www.cbcny.org