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Press Release
Economic Development
CBC Report On BIDs Calls For Increased Oversight And Transparency
November 02, 2017
CBC examined the process for setting assessment fees, their uses, and the city’s oversight of BIDs, and recommends increased public review and performance evaluation.
Press Release
Pensions & Benefits
CBC Issues Report Detailing The Unsustainable And Growing Burden Of New York City's Other Post-Employment Benefit Debt
October 25, 2017
NYC's Other Post-Employment Benefits (OPEB) amounts to $95 billion. New policies should be implemented to reduce the financial burden on future generations.
Press Release
City Budget
CBC Releases NYC Resident Feedback Survey Results
May 16, 2017
The results show which municipal services are in greatest need of improvement.
Video
Economic Development
Seeking Clean State Contracting
May 11, 2017
CBC's Director of State Studies David Friedfel joins Liz Benjamin and other good government groups to discuss needed reforms.
Press Release
Housing
CBC Prize for Public Service Innovation to Be Awarded to the New York City Housing Authority for Digital Initiatives
March 08, 2017
The Citizens Budget Commission today announced that the winner of the 2017 CBC Prize for Public Service Innovation is the New York City Housing Authority (NYCHA) for its “NextGeneration NYCHA – Digital Initiatives.”
Press Release
Economic Development
CBC Study Calls for Better Reporting on Economic Development Projects
The Value of Investments Through Regional Economic Development Councils Cannot Be Determined Without Better Understanding Results
November 30, 2015
The study concludes that the value the Councils may have in coordinating economic development activities across the state cannot be properly evaluated with existing data.
Press Release
Housing
CBC Analysis Finds That 42 Percent of New York City's Renter Households Are "Rent Burdened"
November 12, 2015
This CBC brief uses newly available data to reveal who is most affected by the rent burden in New York City. The analysis explores a variety of household characteristics, making it possible to develop a more nuanced assessment of the rent burden.
Op Ed
Pensions & Benefits
Fringe Benefits Challenge New York School Budgets
July 20, 2015
The problems facing school districts are complex, but one common challenge is the unrelenting rise in fringe benefit costs.
Video
Pensions & Benefits
Cuomo Wants to Roll Back Part of Pension Reform for Police, Firefighters
NY1
May 15, 2015
When it comes to police and firefighters, Governor Andrew Cuomo wants to roll back part of the pension reform he helped push through the state legislature in 2012.
Press Release
Housing
CBC Report Highlights Strategies for NYCHA to Improve Operations and Close Deficits
Report Recommends Specific Actions Needed to Enhance City's Public Housing to Better Serve Residents
April 29, 2015
The report provides a financial analysis of NYCHA, the largest public housing agency in the nation with more than 178,000 housing units at an annual operating cost of $2.6 billion.
Op Ed
Economic Development
What's the Return on Investment for New York's Economic Development Efforts?
March 22, 2015
New York State's economic development programs have long been the subject of debate because it is difficult to measure the benefits they produce. Are the State's considerable investments worthwhile? Although their political value is clear, their economic value is not.
Press Release
Economic Development
CBC Releases Report on NYS Economic Development Programs
Modest Reforms Have Been Adopted, But Most Investments Continue To Be Problematic
February 19, 2015
The report analyzes the changes in economic development spending from 2010 to 2014 and the extent to which problems previously identified have been constructively addressed.
Op Ed
State Budget
Ten Key Takeaways from Governor Cuomo's Executive Budget
January 28, 2015
Last week, Citizens Budget Commission listed the Top Ten Things to Look for in the NYS 2016 Budget. Here is how they fared in the Executive Budget Proposal outlined by Governor Cuomo on January 21.
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.