Search
Showing 1 - 20 of 25
Report
State Budget
Accounting (and More) for a Better Budget
Strategies to Improve New York State Budgeting and Fiscal Management
December 20, 2022
It is critically important that the State’s budget and fiscal management processes be improved to enable better decision-making, outcomes, and accountability.
Report
Education
More Money, Little Accountability
New York Continues to Increase State School Aid
October 03, 2022
New York State’s schools spend nearly twice the national average per student, without delivering above-average results in achievement.
Report
State Budget
Options to Address NYS' Unemployment Insurance Trust Fund Debt
June 14, 2022
The State has three options for addressing the Trust Fund’s current debt, each of which have trade-offs and implications that should be considered.
Podcast episode
State Budget
$220 billion, with Senator Liz Krueger
April 19, 2022
$220 billion is the reported size of the New York State fiscal year 2023 budget that the Governor and Legislature adopted on April 10. The budget includes a property tax rebate and a tax holiday, and increases State spending about $14 billion, with more money for education aid, day care, rent relief, health care, and a new stadium, among other programs. Joining the podcast to unpack the new budget is Chair of the State Senate Finance Committee, Senator Liz Krueger.
Report
State Budget
Risky Business
What Could Happen If NYS Spends More… More… And Much More
March 23, 2022
The fiscal year 2023 State budget is being negotiated in the context of apparent unprecedented State fiscal strength, though economic and pandemic uncertainties serve as stark reminders to be prepared for emergencies.
Report
Economic Development
Determining an Appropriate Buffalo Stadium Subsidy
Don't Just Wing It
March 21, 2022
New York does not have a good track record of demonstrating that its economic development programs yield benefits exceeding their costs.
Podcast episode
State Budget
$0, with Robert Mujica
March 18, 2022
$0 is the size of the New York State budget deficit in each year of New York State’s five-year Executive Budget financial plan, as proposed by Governor Kathy Hochul. The Governor’s budget proposal balances the budget in each of the next five years, an unprecedented level of fiscal stability for the State. This balance and fiscal strength is driven by strong State tax receipts and extraordinary federal fiscal relief. The proposed budget also makes significant deposits to reserves. At an event with CBC Trustees, New York State Budget Director Robert Mujica presented the details of the State’s budget, and the fiscal and economic outlook going forward.
Podcast episode
State Budget
$216 billion, with Governor Kathy Hochul
February 11, 2022
$216 billion is the size of New York State fiscal year 2023 budget proposed by Governor Kathy Hochul. The proposed spending plan is balanced over five years and makes significant deposits to reserves, but also maintains high taxes and accelerates State spending growth. At an event with CBC Trustees, Governor Hochul and CBC President Andrew Rein discussed the continued improvement of the State's fiscal outlook, budget negotiations, priorities for COVID recovery, the MTA and more.
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.
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
State Budget
Is a State Spending Cap the Right Approach for New York?
October 11, 2010
This paper examines the caps proposed for New York. It also analyzes the Colorado experience and that of three other states in order to help inform decision making for New York.
Report
State Budget
In The Danger Zone
A Comparative Analysis of New York State's Long-Term Obligations
March 08, 2010
This comparative analysis examines the debt burden of the 50 states. It finds that New York's debt burden is well above national averages and greater than that of all but three states.
Report
Education
Educational Efficiencies
Savings Within the Educational System
November 29, 2004
CBC recommends reforms to improve efficiencies in education spending to offset the additional spending required under the Campaign for Fiscal Equity settlement. Recommendations include: 1) Reallocating state education aid away from wealthy districts and to more needy districts; 2) Relaxing limits on the time teachers spend in the classroom; 3) Consolidating small school districts; and 4) placing a cap on administrative expenses.
Report
Education
Finding Space For A Sound Basic Education
November 29, 2004
CBC recommends two alternative proposals to meet the Campaign for Fiscal Equity capital requirements for providing adequate classroom space. The two options are redistricting schools and operating schools on year-round schedules.
Report
Education
Gambling Revenues
November 29, 2004
CBC assesses the potential to increase gambling revenue in order to meet the requirements of the Campaign for Fiscal Equity settlement and finds that aggressive pursuit of gambling revenues has the potential to generate $2 and $3 billion annually, but the State must consider its long-run sustainability, disproportionate impact on lower-income taxpayers, and social costs.
Report
Education
Lessons From Other States
November 29, 2004
CBC conducted case studies of seven states (Kentucky, New Hampshire, Vermont, New Jersey, Ohio, Texas, and Michigan) that have faced legal challenges to their public school financing systems. The analysis considers the following questions: 1) How long did it take and why? 2) How much did it cost, and where did the money come from? 3) What were the results in terms of finance outcomes? 4) What new strings where put on the money? 5) What were the results in terms of educational outcomes?
Report
Education
Promoting Accountability in New York State
November 29, 2004
CBC calls for a new accountability system for education spending to be developed in conjunction with the Campaign for Fiscal Equity settlement to ensure that new money, as well as old money, is spent effectively.
Report
Education
Tax Revenue Options
November 28, 2004
CBC reviews revenue options to best pay for the Campaign for Fiscal Equity initiatives. CBC considers broadening the base of two taxes, sales and corporate income; raising rates on two existing statewide taxes, personal income and sales; and instituting a new statewide property tax.
Report
Education
Amicus Brief for Campaign for Fiscal Equity Lawsuit
September 19, 2004
CBC's amicus curiae brief in the Campaign for Fiscal Equity case focuses on four critical issues regarding the infusion of additional funding into the New York City school system in order to provide students with a sound basic education: The mix of state and local responsibility; accountability mechanisms; adequate classroom space; and changes to workforce compensation and deployment.