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Press Release
CBC News
Twenty Watchdogs Ask Governor’s Budget Office For Transparency About State Funds Being Withheld and Advanced as Emergency Adjustments to Budget
December 22, 2020
Public Does Not Currently Know How Much State Funding is Being Withheld From Individual Agencies Such as MTA, or By Program
Video
CBC News
How the Coronavirus Affects the City and State’s Bottom Line
Spectrum News NY1
March 10, 2020
Andrew Rein discuss the impact of the coronavirus crisis on the city and state’s bottom line.
Op Ed
State Budget
Debt Donnybrook: Legislative Battle NY Needs
October 22, 2006
To rein in runaway debt, CBC recommended that State leaders enact four high-priority reforms: 1) Stop issuing State-funded debt to cover operating deficits; 2) Make authorities' borrowing part of the State's capital plan; 3) Institutionalize rigorous financial review of authority borrowing; and 4) Reduce future debt for capital spending.
Op Ed
State Budget
NY's Debt Mess
April 24, 2006
As of April 25, 2006, debt accumulated by the State's public authorities exceeded $166 billion, which was nearly three-quarters of the State's outstanding debt. This op-ed explains the problems with the authorities' three types of debt and makes suggestions for reform.