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Report
Education
Did You Know?
NYC Department of Education Edition
May 15, 2024
The New York City Executive Budget proposes to increase Department of Education (DOE) City-funded spending 10.2 percent, or $2.1 billion, in fiscal year 2025.
Statement
Pensions & Benefits
Statement on Proposed Tier 6 Benefit Sweetener as Part of State’s Fiscal Year 2025 Budget
March 27, 2024
The proposed change to Tier 6 pension benefits, which will cost the State and local governments in New York nearly $400 million per year, is unnecessary, expensive, and should be rejected.
Statement
State Budget
Statement on Medicaid/Managed Care Tax Proposal in NYS Budget Talks
March 26, 2024
The proposal to levy a new tax on Medicaid and other managed care plans to leverage $4 billion of federal money relies on speculative, temporary revenue to seed permanent spending increases.
Report
Education
Target and Tighten
The Sustainable Path for School Aid Growth in New York
March 13, 2024
The State’s burgeoning SOF spending has widened budget gaps. Spending restraint is needed to close those gaps, and that will only be accomplished by limiting growth in school aid, which is nearly 30 percent of SOF spending.
Podcast episode
Education
$39.5 billion, with Chancellor David Banks and Emma Vadehra
March 05, 2024
$39.5 billion is spent by NYC annually to educate our students. The New York City Public Schools has an enormous and challenging task: educate and develop 900,000 students from a wide diversity of backgrounds and needs. Are we getting the return we need on our dollars? How are our students doing? NYC Schools Chancellor David Banks and Deputy Chancellor and Chief Operating Officer Emma Vadehra discuss.
Blog
Pensions & Benefits
Simple But Significant
Savings from the Elimination of the Medicare Part B Reimbursement
December 19, 2010
As New York’s elected officials consider options for balancing budgets in the face of record deficits, they should eliminate a public employee fringe benefit rarely offered anywhere else: reimbursement for Medicare Part B premiums.
Blog
Capital Spending
When Will the Capital Budget Cuts Really Arrive?
December 09, 2010
Failure to impose fiscal austerity on the infrastructure agenda is evident in growing levels of capital commitments.
Blog
Pensions & Benefits
What is OPEB and Why Does it Cost $9.4 Billion?
December 05, 2010
The true cost of retiree health insurance and "other postemployment benefits," or OPEB, was $9.4 billion in fiscal year 2010. Why it cost so much and what should be done about it.
Report
Health Care
Analysis of the New York State Medicaid Program and Identification of Potential Cost-Containment Opportunities
November 17, 2010
This report identifies trends in expenditures and enrollment in New York’s Medicaid program.
Report
Health Care
No Easy Solution
Effective Medicaid Control Must Focus on the Elderly and Disabled
November 17, 2010
This report examines Medicaid spending in New York relative to other states and finds the program is big not just because New York is a populous state or it covers a lot of people. It recommends a multi‐year agenda to restructure service provision and the cost of care for the elderly and disabled.
Blog
Public Workforce
A Closer Look at Paterson's Proposed Layoffs
October 31, 2010
Review Governor Paterson's plan to lay off state workers and allow additional positions to be vacated.
Report
Pensions & Benefits
8 Things New Yorkers Should Know About Public Retirement Benefits in New York State
October 19, 2010
This report presents eight facts about retirement benefits for New York State and local employees intended to stimulate a substantive discourse on pursuing changes to prevent underfunding of the pension systems and to make retirement benefits more fair and affordable.
Report
Pensions & Benefits
Better Benefits from our Billion Bucks
August 02, 2010
This report describes the organization and financing of the union welfare funds, identifies and documents three problems with the current arrangements – limited accountability, poor financial management and inefficient provision of benefits - and presents recommendations to improve the use of these payments and provide taxpayer savings.
Blog
Capital Spending
Mind the Gap
Funding Repair and Maintenance of New York City Infrastructure
July 26, 2010
Past neglect has created a need for nearly $5.6 billion in repair of existing facilities in New York City in order to bring them to satisfactory condition, known as a "state of good repair." Yet the City's capital budget allocates only about half, with the gap especially large for streets, hospitals, and parks.
Blog
Public Workforce
The Public and Private Sector Wage Disparity: An Update
May 24, 2010
The labor market case for more generous retirement benefits for public sector workers is no longer valid.
Blog
Capital Spending
New York City Capital Spending: A Retrospective
April 21, 2010
Analyzes the impact of capital investments under Mayor Bloomberg.
Blog
Education
High Time For Higher Education Funding Reform
April 13, 2010
Explains why the irrational and inequitable tuition policies at CUNY and SUNY should be replaced by a rational tuition policy that allows for regular increases but also does not reduce financial aid to students.
Letter
Economic Development
CBC Urges the State Legislature to Let the Empire Zones Program Sunset
April 12, 2010
This letter was written to urge the State legislature to allow the seriously flawed Empire Zones program to sunset as of June 30, 2010, as established by law, and to enact the Excelsior program as proposed by the Governor.
Blog
Economic Development
End the Empire Zones Program and Adopt Excelsior
March 24, 2010
Explains why Empire Zones were ineffective and argues in favor of the improved features of Excelsior tax credits.