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Report
State Budget
Lump Sum Warning
$14.8 Billion in Proposed State FY 2024 Discretionary Lump Sum Spending Authority Invites Waste and Corruption
March 31, 2023
The State’s resources should be allocated transparently and based on clearly articulated priorities, quantified assessments of needs, and the likely evidence-driven benefits of the spending.
Video
CBC News
A Conversation with First Deputy Mayor Sheena Wright
A CBC Event
March 30, 2023
First Deputy Mayor Sheena Wright joined CBC to talk about the Administration's Get Stuff Done management approach, the City and State budgets, how the Mayor and Governor align on housing, and much more.
Report
State Budget
Steep Incline and Cliffs Ahead:
Unaffordable NYS FY 2024 Spending Proposals Put Future at Risk
March 24, 2023
New York State’s budget has recently grown at an incredible and unsustainable rate, risking future instability and setting the stage for damaging service cuts or counterproductive tax increases.
Video
CBC News
Conversation with NYS Budget Director Robert Megna
A CBC Event
March 16, 2023
2023 Annual Budget Briefing with NYS Budget Director Robert Megna.
Testimony
Education
Testimony on the NYC Department of Education and the City’s FY 2024 Preliminary Budget
Submitted to the New York City Council Committee on Education
March 15, 2023
Understanding the DOE’s budget and spending trends prior to and throughout the pandemic, and the implications for fiscal year 2024 and beyond, is vital to determine how much of the City’s resources should be allocated to the DOE going forward.
Statement
State Budget
Statement on NYS Legislative Budget Proposals for Fiscal Year 2024
March 14, 2023
CBC has implored our State’s leaders to craft a budget that ensures fiscal stability and protects New Yorkers.
Testimony
Housing
Testimony on the New York City Housing Authority and the City's Preliminary Fiscal Year 2024 Budget
New York City Council Committee on Public Housing
March 13, 2023
To balance its budget and fund its basic operations, NYCHA was increasingly reliant on City subsidies and non-recurring funding sources.
Testimony
Transportation
Testimony on the State Plan to Address the Metropolitan Transportation Authority's Financial Crisis
Submitted to the New York State Senate Standing Committee on Corporations, Authorities and Commissions and the Standing Committee on Transportation
March 03, 2023
The fiscal stability of the MTA is of paramount importance to the region and the State.
Testimony
Housing
Testimony on the Residential Conversion of Commercial Buildings
Submitted to the New York City Council Committee on Land Use
February 28, 2023
Even though New York City’s economy and real estate market are both much stronger today than they were in the early 1990s, the history of 421-g remains relevant.
Statement
Public Workforce
Statement on the New York City–District Council 37 Tentative Contract Agreement
February 17, 2023
The tentative contract announced today provides raises that are very reasonable given recent and anticipated inflation. The great challenge is how the City will pay for them.
Video
CBC News
91st Annual Gala
Videos, Photos, and Transcripts
February 17, 2023
CBC's Gala is a must-attend event for New York's business and civic leaders. The Citizens Budget Commission honored NYS Governor Kathy Hochul with the Medal for High Civic Service and Stephen Berger was honored with the Felix G. Rohatyn Award.
Statement
State Budget
Statement on the NYS Executive Budget for Fiscal Year 2024
February 01, 2023
With a structural budget gap exceeding $12 billion annually, New York should focus on aligning spending with revenues, and should not create new fiscal cliffs.
Video
CBC News
A Conversation with NYC Council Speaker Adrienne Adams
A CBC Event
January 23, 2023
Speaker Adams leads the most diverse and first women-majority Council in city history as the body’s first African American Speaker.
Testimony
Energy & Environment
Testimony on the Implementation of the Climate Action Council Final Scoping Plan
Submitted to the New York State Senate Standing Committees on Finance, Energy and Telecommunications, and Environmental Conservation
January 19, 2023
New York has a long way to go to meet its ambitious climate goals.
Statement
City Budget
Statement on the New York City Fiscal Year 2024 Preliminary Budget
January 12, 2023
Much more aggressive action is needed to stabilize future budgets, hedge against a looming recession, and improve the quality and efficiency of services.
Statement
State Budget
Statement on Governor Hochul's 2023 State of the State Address
January 10, 2023
The State of the State presented an expansive menu. We now await the Executive Budget to see the bill.
Testimony
Public Workforce
Testimony on the New York City Health Insurance for Employees and Retirees
Submitted to the New York City Council Committee on Civil Service and Labor
January 09, 2023
With health insurance costs budgeted to increase at a rate of 8.5 percent between fiscal years 2023 and 2026, efforts to restrain the City’s costs are critical.
Video
CBC News
Settling Accounts: Fixing How New York State Budgets
A CBC Event
January 05, 2023
In a half-day event produced in partnership with the Rockefeller Institute of Government, panelists unpack the issues and explore the most important reforms to pursue in the upcoming session and in the long-run.
Testimony
Economic Development
Testimony on the Penn Station Area Civic and Land Use Improvement Project
Submitted to Empire State Development
December 08, 2021
Individually and collectively, these projects could contribute to New York’s long-term competitiveness and well-being.
Statement
City Budget
CBC Statement on NYC’s November 2021 Financial Plan for Fiscal Years 2022 to 2025
November 30, 2021
While the plan reduces the budget gaps to $2.9 billion for next year, $2.7 billion in fiscal year 2024, and $2.1 billion in fiscal year 2025, in reality the gaps are about $750 million higher annually because the plan includes illusionary labor and attrition savings.