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Blog
Health Care
Three Strikes Against the Governor’s Proposed Conversion Revenue
March 13, 2018
Counting on the revenue from health insurance company conversations is not prudent for three important reasons.
Blog
State Budget
California Dreaming
NY Should Build Reserves to Prepare for a Rainy Day
March 12, 2018
California is a leader in funding reserves for a rainy day--New York State should follow its example.
Blog
City Budget
City's Fourth Extension of the School Bus Grant Program Should Be Rejected
March 08, 2018
The City Council should reject this program, and all new school bus contracts should be awarded with an eye toward realizing savings in the costs of pupil transportation, now more than $1.2 billion.
Blog
City Budget
PEGging Efficiency:
More Savings Needed Under Mayor de Blasio
March 05, 2018
Find out how Mayor de Blasio's savings plan stacks up against the savings found in Mayor Bloomberg's last three preliminary budgets.
Blog
Pensions & Benefits
A Budget Proposal That Seems Fiscally Responsible, But Doesn’t Tackle the True Problem
February 22, 2018
It's time to eliminate the expensive and risky benefits provided by the TDA.
Blog
Education
Governor’s Education Proposal Pierces Cap And Lacks Needed Reforms
February 20, 2018
The NYS FY2018-2019 Executive Budget increases school aid by $769 million, or 3 percent, to $26.4 billion- twice the increase allowed by the school aid cap.
Blog
State Budget
Twice as Much as Advertised
New York State Spending Growth
February 06, 2018
Spending growth in the NYS Fiscal Year 2019 Executive Budget will be 4.1 percent - more than twice what was claimed when the budget was released.
Blog
Transportation
Tsk-tsk on Governor’s TIF Proposal
February 02, 2018
The FY 2019 Executive Budget proposed to allow the MTA to create tax increment financing districts in NYC to raise revenue for capital improvements. Though TIFs can play a useful role, the proposal is flawed.
Blog
City Budget
A Budget Strategy for Mayor de Blasio's Second Term
January 29, 2018
Four strategies to help Mayor de Basio think through budgeting in his second term.
Blog
City Budget
Take the NYC Fiscal Monitor Reports with a Grain of Salt
January 05, 2018
NYC's four institutional fiscal are generally optimistic about the City's fiscal health; read why that should be taken with a grain of salt.
Blog
State Budget
Balancing the State Budget – Halfway There, But Running Out of Gas?
December 19, 2011
The Governor should avoid more new taxes as the way to close the rest of the budget gap and instead focus on containing spending growth in Medicaid, pensions, education, and economic development.
Blog
Taxes
The Tax Hike’s Silver Lining
December 07, 2011
If the temporary personal income tax hike is the price we pay for long-term reforms that enhance infrastructure, encourage job growth, make the state and local tax system more equitable, and reduce future pension costs, then it is a price worth paying.
Blog
Capital Spending
The Dos and Don’ts of PPPs
December 04, 2011
Dos and Don’ts for the use of PPPs, or "P3s" adapted from the CBC's 2008 report, “How Public-Private Partnerships Can Help New York Address Its Infrastructure Needs.”
Blog
Pensions & Benefits
New York City Is Not Alone
November 16, 2011
Reducing the pensions funds' investment target to 7% would be prudent in order to keep the City’s pension funds fully funded, and it would be consistent with changes that have been adopted by other large public pension systems.
Blog
Education
Needed Mandate Relief on the Way?
November 01, 2011
New York State imposes more than 200 special education mandates above and beyond those required by federal law; changes are needed to bring NY in line with other states.
Blog
Public Workforce
Another Good Idea to Save the City Money
October 27, 2011
The New York City union welfare funds could also use some "depoliticizing, professionalizing and streamlining."
Blog
Pensions & Benefits
How Much Did New York’s 2010 Early Retirement Incentive Save?
October 25, 2011
The CBC estimates that early retirement incentives saved taxpayers $681 million savings- less than would have been saved if the Governor had been able to achieve through layoffs.
Blog
Health Care
Cause for Concern with the Medicaid Redesign Team Implementation
October 13, 2011
NY is roughly halfway to meeting its budgeted Medicaid savings target of $2.2 billion for fiscal year 2012. A closer look suggests there is cause for concern that some of the savings may not be implemented on time.
Blog
Public Workforce
What Concessions?
August 28, 2011
A close look at the agreements between Mayor Bloomberg and city unions reveals that jobs were not saved by labor concessions but through diverting other resources or creating new risks in the budget.
Blog
State Budget
Stop the Wishful Thinking about a New York State Mid-Year “Surplus”
August 22, 2011
Talk of a surplus and using it for new initiatives should end immediately.