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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
Transportation
Four years after 'Bridgegate,' Port's fiefdoms are coming back
Crain's New York Business
May 30, 2018
The Port Authority of New York and New Jersey is a crucial agency, but it is badly governed and in need of reform.
Op Ed
Education
New York keeps shortchanging poor students
And Cuomo’s Foundation Aid formula will do little to fix it
March 19, 2018
Fixing the existing Foundation Aid formula would allow the state to fully fund a sound basic education with current resources.
Video
Education
Citizens Budget Commission Analysis of Education Funding Proposals
Spectrum News
February 22, 2018
Making changes to Foundation Aid formula would better help school districts most in need while avoiding providing unnecessary amounts of funding to the wealthiest districts.
Press Release
Pensions & Benefits
CBC Uncovers Potential $160 Million In Savings From Better Management Of NYC's Union-Administered Benefit Funds
February 08, 2018
CBC today released the report Union-Administered Benefit Funds: Getting More Out of a Billion Dollar Taxpayer Contribution, which gives short-term and long-term recommendations for improving the inefficient operations of union-administered benefit funds.
Op Ed
Economic Development
Find Ways to Attract Talent
August 11, 2013
CBC's Director of New York City Studies Maria Doulis pens an op-ed in the New York Times' Room for Debate on how the next mayor can achieve important economic development goals: more jobs, a more diversified industry mix, a larger middle class and enhanced entrepreneurship.
Op Ed
Economic Development
Remaining the World's Most Competitive City
June 18, 2013
A study released earlier this month by The Economist Intelligence Unit held good news for New York City, which ranked first among 120 global cities based on ability to attract capital, businesses and talent. But the competition is fierce, and is not limited to international megacities like London, Singapore, Hong Kong, and Tokyo.
Op Ed
Pensions & Benefits
Reining in New York City's Skyrocketing Health Insurance Costs
April 17, 2013
The City's employee unions, whose contracts have expired, may prefer to wait and negotiate with the next mayor, but the election won't change the fiscal reality: the City's share of health insurance premiums for city workers and retirees is high in comparison to norms in the private and public sectors.
Op Ed
Economic Development
NY's People Strengths Need Constant Work
February 09, 2013
Human capital is a hot topic. Thriving in the information economy requires a highly skilled workforce with specialized expertise and an ability to innovate. Attracting such a workforce is essential to New York's ability to retain strength in core industries and cultivate emerging ones.
Op Ed
Public Workforce
City Workers, Pay Your Share
February 03, 2013
The cost of health insurance for New York City public employees and retirees is projected to grow by almost 40% by 2016 — rising to nearly $7 billion a year. That growth will amount to $1.5 billion of the $1.9 billion budget deficit projected for 2016.
Op Ed
State Budget
Priorities for Governor Cuomo's Next Budget
December 17, 2012
Governor Andrew Cuomo and the New York State Legislature have successfully tackled serious budget issues in recent years, but important challenges remain. These must be addressed in his next budget in order to improve the state's fiscal condition and give local governments better tools to manage their structural deficits.
Op Ed
Education
Stretching New York's Public Education Dollar
October 14, 2012
CBC President Carol Kellermann pens an opinion piece on the Huffington Post on how New York State's education dollars are spread inequitably among school districts and spent disproportionately on employee benefits, not on improving the quality of education.
Video
Education
Online Map Breaks Down School Spending
WWNY TV 7
September 24, 2012
The nonprofit public spending watchdog group is offering New Yorkers a new tool to see how their school district's per-pupil spending measures up.
Op Ed
State Budget
Albany Handcuffs New York’s Cities
July 04, 2012
Local governments in New York are under serious and growing fiscal pressure, and the Legislature isn’t doing enough to ease the burden. Unfortunately, the Legislature seems oblivious.
Video
Capital Spending
Liu Unveils Plan to Accelerate Capital Projects
NY1
May 09, 2012
Director of City Studies Maria Doulis opines on Comptroller's Liu's proposal to borrow money today to accelerate capital investment.
Op Ed
Pensions & Benefits
Sneak Labor Giveaway
May 05, 2012
Across New York, the cost of health benefits for retired government employees is growing so rapidly that it threatens to crowd out funding for essential government services. Rather than lay off police or close libraries, public officials may want to use their discretion to alter retiree health insurance — but some state legislators are trying to take away that discretion.
Op Ed
Pensions & Benefits
New York State’s Pension Plan
March 12, 2012
Deferrals of pension fund contributions by New York State and localities relies on unconvincing arguments by the State Comptroller that the plan is justified by the need for short-term relief from rising pension costs and that it is transparent.
Op Ed
Pensions & Benefits
Cuomo’s Reforms Are Perfectly Fair
February 21, 2012
Gov. Cuomo’s proposed “Tier VI” pension formula for future state and local government employees is more than fair by national standards. With New Yorkers now paying more than twice the US average per person for public-employee pensions, it’s time to rein in these costs.
Op Ed
Pensions & Benefits
Finally Retire New York's Overpriced Pensions
January 22, 2012
President Carol Kellermann pens an op-ed urging the legislature to pass Governor Cuomo's proposal to modernize the State's pension system by offering new employees a 401(k)-style option.
Op Ed
Pensions & Benefits
Carol Kellermann: Pension Reform is Highest Priority
January 16, 2012
President Carol Kellermann pens an op-ed urging Governor Cuomo to pursue pension reform in his 2012-2013 Executive Budget.