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Report
Education
The Learning Ledger
NYS School Aid Continues to Rise in the 2023-24 School Year
September 06, 2023
New York State’s school aid increases 8.8 percent this year, largely driven by the final year of three-year phase-in of Foundation Aid.
Report
Economic Development
11 Billion Reasons to Rethink
New York's Increasing Economic Development Spending
July 20, 2023
Despite improved disclosure about individual projects, State and local economic development spending continues to increase without sufficient evidence that these programs cost-effectively create jobs or are more beneficial than alternative uses of the funds.
Presentation
Education
Fiscal Year 2024 Executive Budget: NYC Department of Education Overview
May 22, 2023
The fiscal year 2024 budget is nearly $500 million below the current projection for fiscal year 2023—$300 million less federal pandemic aid and $300 million less City funds, offset by $100 million more State aid.
Report
Housing
Uncertain Future, Urgent Priority:
Fix NYCHA's Operating Budget Now
May 19, 2023
rapidly rising costs and flagging rent collections have combined to widen budget gaps, leaving NYCHA increasingly reliant on City subsidies and other non-operating resources to fund its basic operations.
Report
Education
School Spending, Enrollment, and Fiscal Cliffs 101:
The NYC Department of Education Budget Before, During, and After the Pandemic
April 11, 2023
Decisions about the DOE’s budget should consider enrollment declines and the City’s precarious fiscal condition.
Report
Education
A Better Foundation Aid Formula
Funding Sound Basic Education with Only Modest Added Cost
December 12, 2016
This report explains why Foundation Aid, a need-based State school aid program, was developed, what is wrong with it, and how to make it better.
Presentation
Economic Development
Data Indicators for New York City Competitiveness Scorecard
2016 Edition
September 28, 2016
Data for indicators used for New York City Competitiveness Scorecard, 2016.
Report
Economic Development
New York City's Competitiveness in Attracting Talent
2016 Scorecard
September 28, 2016
How does the New York City metro area compare to other large cities in the competition for a talented workforce? Affordability and commute times remain challenges.
Report
Economic Development
Increasing Without Evidence
NYS Economic Development Spending Update
September 26, 2016
This report tracks growth in NYS' economic development programs between 2010 and 2014. Little progress has been made on improving transparency and demonstrating effectiveness.
Report
Education
5 Myths About School Crowding in New York City
September 07, 2016
CBC unpacks 5 myths about the crowding problem in New York City Schools. While crowding persists in some districts, there is excess capacity citywide.
Presentation
Education
A Primer on New York State School Aid
January 11, 2016
This school year New York State will spend $23.5 billion on aid to school districts, accounting for 25 percent of the state-funded operating budget. The State’s role in K-12 public education is critical to offsetting disparities in local wealth and student need, yet numerous problems remain in the state school aid formulas. In advance of the Governor’s budget proposal for next year, this primer outlines how state school aid functions and how to better target state resources.
Report
Economic Development
An Assessment of Performance Reporting by Regional Economic Development Councils
November 29, 2015
This brief assesses the performance of New York State's Regional Economic Development Councils over the past four years and offers recommendations for further improving data collected on projects and on the economic performance of the regions.
Report
Housing
Whose Burden Is It Anyway?
Housing Affordability in New York City by Household Characteristics
November 12, 2015
This report looks at New York City rent burdens in more detail, using an in-depth housing survey conducted by the U.S. Census Bureau to consider a variety of household characteristics.
Report
Housing
Five Myths about Rent Regulation in New York City
May 25, 2015
This brief includes five facts to consider regarding myths about rent regulation and New York City's rental market.
Report
Housing
Cleaning House
How to Close the New York City Housing Authority's Operating Gaps
April 29, 2015
This report identifies the reasons for NYCHA's operating deficits in the last decade - insufficent operating subsidies, low rent collections, low nonrental income and high operating costs - and offers recommendations to increase revenues, curb expenses and improve productivity in order to eliminate NYCHA's projected $150 million deficit and improve conditions for its residents.
Report
Economic Development
Bigger Not Better
New York’s Expanding Economic Development Programs
February 18, 2015
Although some modest reforms have been made, many economic development programs have grown significantly without the improvements needed to address widely noted shortcomings.
Report
Education
Striking a Balance
Financing Education Reform in the Most Heavily-Taxed State
November 01, 2006
Following up on its previous research on the issues surrounding the State Court’s decision in the Campaign for Fiscal Equity case, CBC hosted two expert panel discussions focusing on key issues in education finance reform. This brief recounts the proceedings from the second of those discussions, which took place on April 27, 2006. The discussion focused on responsibly generating revenues to fund the Court’s mandate, thinking about other changes needed to accomplish reform, and developing the role of the business community in seeing reform across the finish line.
Report
Education
Approaches to School Finance Reform for New York State
Is Robin Hood the Good Guy? Moving Toward a More Equitable School Aid System for New York
September 28, 2006
The report discusses the background of the 2003 New York State Court of Appeals decision in the Campaign for Fiscal Equity case, an overview of the issue, explains what is wrong with the current system, provides possible sources of revenue, and provides a discussion framework.
Report
Education
Gambling Revenues
November 29, 2004
CBC assesses the potential to increase gambling revenue in order to meet the requirements of the Campaign for Fiscal Equity settlement and finds that aggressive pursuit of gambling revenues has the potential to generate $2 and $3 billion annually, but the State must consider its long-run sustainability, disproportionate impact on lower-income taxpayers, and social costs.
Report
Education
Lessons From Other States
November 29, 2004
CBC conducted case studies of seven states (Kentucky, New Hampshire, Vermont, New Jersey, Ohio, Texas, and Michigan) that have faced legal challenges to their public school financing systems. The analysis considers the following questions: 1) How long did it take and why? 2) How much did it cost, and where did the money come from? 3) What were the results in terms of finance outcomes? 4) What new strings where put on the money? 5) What were the results in terms of educational outcomes?