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Statement
City Budget
Statement on NYC's November 2022 Financial Plan for Fiscal Years 2023 to 2026
November 15, 2022
The November 2022 Financial Plan demonstrates that New York City’s long-term fiscal outlook is precarious and worsening.
Statement
City Budget
Statement on the NYC Program to Eliminate the Gap (PEG) for the November 2022 Financial Plan
September 12, 2022
This is a timely call that rightly focuses on increasing productivity to reduce recurring costs while preserving services that New Yorkers rely on.
Report
Economic Development
Improving New York City’s Land Use Decision-Making Process
September 06, 2022
This report examines and identifies why New York’s land use decision-making process impedes action to address New York’s needs and recommends improvements.
Report
Transportation
Prioritizing the MTA's Critical Capital Needs
What to Do When You Can’t Do It All
August 23, 2022
The MTA has significant needs for capital investment, from signal modernization and track improvements to new subway and train cars to making stations across the system accessible.
Statement
City Budget
Statement on the New York City Fiscal Year 2023 Budget Agreement
June 10, 2022
While the budget funds priorities and takes some steps to save for a future recession and stabilize the budget, it misses the opportunity to make a substantially higher RDF deposit and massively increases spending to a level not sustainable over time with City revenues.
Statement
City Budget
Statement on the New York City Fiscal Year 2023 Executive Budget
April 26, 2022
The Executive Budget takes some positive steps but focuses more on spending, nearly to the exclusion of the savings and efficiency needed to shore up the City’s fiscal house.
Report
City Budget
PEG for Productivity
NYC's Fiscal Year 2023 Program to Eliminate the Gap
April 05, 2022
To increase the City’s fiscal stability and the quality of priority services, identifying and implementing efficiencies to reduce recurring costs without reducing services should be a high priority.
Statement
City Budget
Statement Regarding the New York City Fiscal Year 2023 Preliminary Budget
February 16, 2022
The City should take significant additional actions in the Executive and Adopted Budgets to make government more efficient, stave off the looming fiscal cliffs, and save for the inevitable next downturn
Report
City Budget
Track to Have Impact
How to Create NYC's Needed Federal COVID Aid Tracker
January 24, 2022
To support the COVID-19 response and recovery, an unprecedented level of federal aid has been flowing to New York City.
Report
Capital Spending
Capital Budgeting for 2030
Achieving the Goals of PLANYC
December 01, 2007
This report analyzes Mayor Michael Bloomberg’s PLANYC, a new long-range planning initiative for New York City's capital assets and infrastructure. The report identifies the four greatest challenges confronting this initiative and makes recommendations for overcoming them.
Report
Taxes
A Simulation of Business Taxes in New York City and Other Locations
June 02, 2007
This report focuses on state and local business taxes in New York City, showing that those taxes are dramatically higher than comparable taxes for key competitors. Combined federal, state, and local taxes reduce the rate of return on new business investment in New York City significantly – about 36-50 percent, depending on location and industry. Most of this is due to federal tax – typically 34-36 percentage points. Taxes in New York City were the highest in all industries in 2006, and were highest or second-highest under virtually all scenarios examined. By contrast, taxes in other New York locations often were lowest or nearly lowest among the locations compared.
Report
City Budget
Making the Most of Our Parks
June 01, 2007
In this report, CBC addresses six challenges that prevent New York City from making the most of its parks.
Report
City Budget
The City's Budget Gap Since 9/11
Factors That Caused It, and Plans to Close It
March 03, 2003
This report identifies the causes of New York City’s unprecedented budget gap for fiscal year 2003-2004 and recommends solutions to close it.
Report
Public Workforce
The Citizens' Stakes in Collective Bargaining
Recommendations for the Current Negotiations with the Municipal Employee Unions
December 12, 2000
Report presenting recommendations for contracts to be negotiated with municipal employees that would help reduce the cost of public services, improve the quality of those services, and enhance the income and working conditions of New York's civil servants.
Report
Capital Spending
An Affordable Debt Policy for New York State and New York City
October 17, 2000
Presents 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.