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Blog
Housing
The Cost of Affordable Housing
December 15, 2015
How much does it take to build in NYC?
Blog
Economic Development
Learning from Past Mistakes
Examining Changes to the Excelsior Jobs Program
October 20, 2015
In 2008, CBC called for the elimination of the Empire Zones jobs program amid concerns it wasted public resources. In 2010, New York State replaced Empire Zones with the streamlined Excelsior Jobs Program. Excelsior was designed to avoid the errors of Empire Zones but until recently it has been difficult to assess to what degree it achieves its objectives.
Video
Housing
NYCHA Chair & CEO Shola Olatoye
CBC Breakfast Series
September 18, 2015
CBC Breakfast with NYCHA Chair and CEO Shola Olatoye in September 2015.
Blog
Education
Fringe Benefits Pushed New York Education Spending Higher in 2013
June 22, 2015
High levels of school spending in NY largely reflected the relatively high cost of employee compensation.
Blog
Pensions & Benefits
Big Decisions Before Albany Do Not Deter Sweeteners
June 09, 2015
Tracking bills enhancing benefits for public employees introduced in the 2015 Legislative Session
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
State Budget
New York’s $1 Billion Brownfield Cleanup Program
March 17, 2015
Overview of Brownfield Cleanup Program
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.
Video
Economic Development
Economic Development Panel
The Most Important Economic and Fiscal Decisions Facing the Next Mayor
December 06, 2013
This presentation and panel discuss economic development in New York City since 2000, with a focus on the City's relative economic performance, the broad range of activities of the Economic Development Corporation, and the effectiveness of development strategies.
Blog
City Budget
The End of The Retiree Trust Fund
July 22, 2013
Tthe Financial Control Board (FCB) certified New York City’s Adopted Budget for Fiscal Year 2014 is balanced. As the FCB mentions in its report, the 2014 budget is balanced with $2.8 billion in surplus funds from fiscal year 2013 and $1 billion withdrawn from the Retiree Health Benefits Insurance Trust Fund.
Blog
City Budget
The Giant Slice: Legacy Costs in the New York City Budget
May 09, 2013
“Legacy costs” will claim almost 25 percent of the budget by fiscal year 2015 – leaving fewer dollars for other budget priorities.
Video
Pensions & Benefits
Deputy Mayor Caswell Holloway
CBC Breakfast Series
April 17, 2013
CBC Breakfast with NYC Deputy Mayor Caswell Holloway in April 2013.
Blog
Pensions & Benefits
A Busy Day in Albany
February 19, 2013
Eight bills introduced in the NYS Assembly enhance pension benefits of public employees and retirees. These bills would add at least $1.35 billion in costs to State and local employers.
Blog
State Budget
Governor Cuomo’s Third Budget: Priorities for Fiscal Year 2013-14
December 17, 2012
Four important challenges face state leaders as they prepare the next budget for FY2014 in Medicaid, Education, Economic Development and Local Government Relief.
Blog
City Budget
Restoring City Priorities Along With Spending Cuts
June 21, 2012
The Mayor and City Council's “budget dance” focuses largely on child care slots and after-school programs, but should really be about the City’s overly generous contributions to the health insurance of former City employees and their spouses.
Blog
Pensions & Benefits
The Next Challenge: Retiree Health Benefits
April 16, 2012
Pension reform, done. Next up, retiree health insurance and OPEB.
Blog
Economic Development
Economic Development Reporting in New York City: What’s Missing?
April 11, 2012
In New York City, current reporting requirements fall short of capturing the full amount of spending in the name of economic development.
Blog
Pensions & Benefits
Pension Reform: Firefighters Will Not Be Running Into Burning Buildings at Age 65
March 06, 2012
Debunks misconception that "Tier VI" proposal would have employees whose duties require certain physical capacities to work until age 65.
Blog
Pensions & Benefits
A Reasonable Proposal: Sharing More of the Cost of Public Sector Pensions with Employees
February 15, 2012
Increasing the employee contribution rate for public pensions in New York State is not unreasonable. Comparisons with nationwide norms show proposal would move New York toward the middle of the pack among states.