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Blog
Pensions & Benefits
Pension Sweetener Scorecard – Disability Benefits Edition
June 01, 2015
Reviews 10 bills introduced to benefit recently hired New York City uniformed employees that are gaining momentum
Blog
Economic Development
Economic Development Bigger in State Budget, But Benefits Unclear
April 15, 2015
Since 2011 New York leaders have restrained growth in the state’s operating budget; in contrast, the scale and scope of questionable economic development programs continue to be expanded significantly. In 2014 state and local spending for these activities totaled $8 billion.
Blog
Education
New York State School Aid
A Big Increase, Badly Allocated Among Districts
April 08, 2015
The fiscal year 2016 state budget enacted last week includes a 6.0 percent increase in annual formula-based aid to school districts from $21.8 billion to $23.1 billion. This is the third consecutive year in which the Governor and the legislature have busted the statutory growth cap they agreed upon in 2011.
Testimony
City Budget
Testimony Examining Health Care Savings Under Recent Collective Bargaining Agreements
Delivered to the NYC Council Committee on Finance
April 01, 2015
Savings that would have normally been reserved for general budget needs—such as funding libraries or maintaining public parks—and are attributable to a national slowdown in health care costs, are now being credited to the health savings agreement.
Blog
State Budget
New York’s $1 Billion Brownfield Cleanup Program
March 17, 2015
Overview of Brownfield Cleanup Program
Blog
Capital Spending
Don't Block Design-Build
March 15, 2015
New York State's trial with design-build has produced convincing results that merit permanently authorizing and extending design-build authority as a first key step in modernizing the State’s approach to public projects.
Blog
Pensions & Benefits
New York Should Stop Borrowing from its Pension Funds
February 25, 2015
Governor Andrew Cuomo’s Executive Budget for FY2016 proposes to borrow an additional $1.8 billion from public employee pension funds in coming years. This proposal adds to taxpayers’ long-run costs and risks weakening the fiscal condition of the funds.
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.
Blog
State Budget
Hits Outnumber Misses in the Governor’s FY 2016 Budget Proposal
January 26, 2015
The fiscal year 2016 Executive Budget worthwhile proposals that should not be overlooked in the wake of the Assembly leadership crisis. Nonetheless, some misguided elements should be eliminated or modified.
Blog
State Budget
Top Ten Things to Look For in the FY2016 NYS Budget
January 19, 2015
CBC lists the top 10 things to look for in the New York State FY2016 Budget on topics such as settlement dollars, school aid, medicaid, tax credits, design-build, and transportation.
Blog
State Budget
The Reality of New York State’s Future Surpluses
January 15, 2015
Explains the "aspiration" surpluses in the State's FY2016 budget proposal and what is needed to achieve the savings.
Report
State Budget
The Armonk Agenda
Next Steps for Fiscal Reform in New York State
October 01, 2006
On April 7–8, 2006, CBC convened a conference in Armonk, New York with the goal of identifying widely supported, high-priority measures for fiscal reform in New York State. This report highlights the realignment of state and local fiscal responsibilities in order to lower local government’s tax burdens, changes in debt management in order to lower the State’s debt burden and make more effective use of borrowing, and improvements in the annual budget process in order to make it more accountable, timely and transparent.
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
State Budget
Public Authorities in New York State
April 03, 2006
New York State’s extensive reliance on authorities has given rise to four significant problems: 1) Misuse of the power to incur debt; 2) Insufficient oversight and coordination of project revenue backed and private conduit borrowing; 3) Insufficient reporting to support accountability; and 4) Insufficient independence in governance. Each problem is explained more fully in this report, along with five strategies to address them.
Report
Pensions & Benefits
Old Assumptions, New Realities
The Truth About Wages and Retirement Benefits For Government Employees
March 31, 2006
This report summarizes a more detailed study prepared by CBC, “The Case for Redesigning Retirement Benefits for New York’s Public Employees,” released in 2005. For decades the popular image of government employment has involved the tradeoff of lower wages for job security and relatively generous retirement benefits. That image, while still widespread, is no longer the reality.
Report
State Budget
New York State's Competitiveness: A Scorecard for 12 States
July 11, 2001
This Competitiveness Scorecard assesses the performance of the State of New York over the past five years. The scorecard examines nine different factors that contribute to economic and social well-being and compares New York to eleven other states.