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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
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.
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.
Op Ed
State Budget
More Bang For NY's Buck
December 27, 2011
As Governor Cuomo prepares his executive budget, he should seek structral changes that slow down the state's most potent cost-drivers (pensions, school aid and Medicaid), halt additional economic development spending and steer clear of budget tricks. Senior Research Associate Tammy Gamerman pens an op-ed for the New York Post.
Op Ed
State Budget
Improving New York's Fiscal Report Card Further
June 27, 2011
CBC President Carol Kellermann pens an op-ed congratulating the Governor and State Legislature on a productive session, but says more needs to be done on fiscal matters.
Op Ed
Pensions & Benefits
Pension Proposal: A Fiscal Remedy for New York
June 16, 2011
CBC President Carol Kellermann explains the need for pension reform in New York and why Governor Cuomo’s plan puts the State and the City on the road to good fiscal health.
Op Ed
Pensions & Benefits
NYC's Choice
June 05, 2011
Amid its budget crisis, the city is on track to lay off teachers, close fire companies, cut social services and impose other sacrifices. Yet such reductions could be avoided if the city reformed its unusually costly commitments for retiree health insurance and brought them in line with those of other public-sector employers.
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
Filling in Cuomo's Budget Blanks
February 05, 2011
Gov. Andrew Cuomo's executive budget released last Tuesday was a welcome change. Breaking with past practice in Albany, he proposed closing the state's budget gap with $9 billion worth of serious belt-tightening.
Op Ed
Pensions & Benefits
NY Needs Real Pension Reform
December 07, 2010
Senior Research Associate Maria Doulis pens an op-ed on the need to reform public employee pensions that costs state and local governments nearly $1.5 billion.
Op Ed
Pensions & Benefits
City Worker Pensions Vs. Kids
Bloomy Must Cut Youth Services Because Adult Costs Are Out Of Control
December 04, 2010
New York provides a troubling example of how the inability to contain costs associated with a large municipal workforce imposes a greater burden on the most vulnerable populations, notably low-income children.
Op Ed
Housing
Rent Regulation: A Big Tax On NY
The Law Needs a Massive Overhaul
July 06, 2010
The push to continue rent regulation is fueled by far more populist rhetoric than economic reason. As a corrective, a new report by the Citizens Budget Commission reveals some startling facts about the current system.
Op Ed
Pensions & Benefits
Sickening 'Sweeteners'
June 28, 2010
Pension contributions this year will cost the state government alone $1.7 billion in fiscal year 2010-11 -- an amount already set to grow 85 percent, to $3.2 billion, by 2014. How much higher must it go before the Legislature puts the taxpayers ahead of special interests?