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December 12, 2012This brief examines education funding in New York State with an emphasis on the distribution of funding versus costs across school districts. The brief includes recommended reforms to the State aid formulas in order to better target resources to the neediest districts and promote greater efficiency in school district management.
May 06, 2012This brief examines the Metropolitan Transportation Authority's (MTA) large-scale refunding of outstanding
debt. It focuses on a refunding that saves money and spreads debt service costs fairly over time and does not juggle the timing of debt service costs in a manner places unfair costs on riders and taxpayers in the more
Report Capital Spending
February 13, 2012This report is intended to provide New Yorkers with an understanding of how prevailing wage law works so they can understand and evaluate the arguments in the current debate.
Report State Budget
September 21, 2005New York State's debt obligations will require current and future taxpayers to bear a burden that creates a competitive disadvantage with the other states. The core issue is that New York has no effective legal limits on the amount of debt it can assume. CBC advocates for short-run and long-run measures; in the near term, voters should reject bond referendums such as the Transportation Bond Act of 2005 until debt is brought under control, and in the long-run the State must strike a balance between adequate infrastructure investment and a competitive debt burden.
January 01, 2005The State of New York faces a major challenge stemming from a 2003 ruling by the Court of Appeals, the State’s highest court, which found that the more than 1 million children in New York City’s public schools were not provided with the sound basic education guaranteed to them by the State Constitution. CBC addresses two fundamental questions: Where should the money come from? What changes other than more money are essential to improving educational outcomes?
Report City Budget
February 10, 2002This report explores opportunities for streamlining procurement in New York City through emphasis on use of information technology.
Report Capital Spending
October 17, 2000Presents a new approach for determining how much the State and City should borrow, including criteria for deciding how much state and local debt is affordable.