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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
Blog
City Budget
A Budget Baker’s Dozen
13 Questions to Ask About NYC’s Preliminary Budget for Fiscal Year 2023
February 10, 2022
Mayor Adams’ first Preliminary Budget will provide an important opportunity to see how he intends to “get stuff done,” root out “waste, fraud, and abuse,” and promote a “People’s Plan.”
Video
CBC News
Hochul Says She Won't Raise Taxes on Wealthy, Asks Them to Remain in New York
NY1
February 04, 2022
“We have, with the tax increase of last year, the highest top marginal personal income tax in the country, and the highest corporate franchise tax in the country. And we were losing millionaires before the SALT cap. How big a threat are high taxes?” said Andrew Rein of the Citizens Budget Commission.
Video
CBC News
Conversation with Governor Kathy Hochul
A CBC Event
February 03, 2022
On February 3, 2022, Governor Hochul spoke about State budget and policy priorities and take questions from CBC President Andrew Rein.
Op Ed
City Budget
City Can Save Billions with Better Management, Work Rules
February 01, 2022
New York’s recovery, economic competitiveness and continuing capacity to support its most vulnerable depends on making sure city services are high quality, efficient and affordable.
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.
Testimony
Transportation
Testimony on the MTA’s Access-A-Ride Program
December 18, 2019
The City should work with the MTA to assure that Access-A-Ride will achieve firm financial footing while providing a cost-effective and efficient service.
Report
Health Care
A New Approach to Funding New York City Health + Hospitals
December 16, 2019
This report analyzes the system’s finances, compares H+H to other providers in the City, and outlines options to right-size the City subsidy and improve H+H's fiscal future.
Press Release
Health Care
CBC Report Finds NYC H+H Recovered Only 54 Percent of Associated Patient Care Costs from Insurers
Compared to 85 Percent for Safety Net Hospitals
December 16, 2019
Majority of H+H Deficit was due to low revenue for care to Medicaid patients, not uncompensated care for the uninsured.
Video
CBC News
Taking a Look at Foundation Aid
WMHT
December 05, 2019
After months of public roundtables, will state lawmakers move to change the formula that determines aid for public schools? The Times Union’s Rachel Silberstein speaks with three education advocates about why they think it should happen.
Video
CBC News
Projected Deficits in NYS Budget
WFXV Eyewitness News
November 26, 2019
A mid-year New York State budget update shows a $6.1 billion gap estimated in Fiscal Year 2021 and even higher deficits projected in the following years.
Podcast episode
City Budget
275, with MTA Board Member Veronica Vanterpool
November 21, 2019
275 is the number of meetings Veronica Vanterpool has attended since she was appointed to the board of the Metropolitan Transportation Authority. She is one of four individuals appointed by the Mayor to the 21 member board. She joined the pod to discuss her time on the board, the important challenges facing the MTA, and more.
Letter
Public Workforce
CBC Urges Governor to Veto Bill Increasing NYC School Bus Contract Costs
November 19, 2019
CBC urges Governor Cuomo to veto A7749/S6208, which would impose costly restrictions on school bus contracts in NYC.
Press Release
CBC News
Twenty Groups Urge MTA Board to Promptly Appoint Traffic Mobility Review Board and Ensure it Follows Open Meetings Law
November 15, 2019
Twenty groups representing rider, watchdog and industry groups today sent a letter to the MTA Board urging it to promptly appoint the Traffic Mobility Review Board (TMRB) and ensure that body follows the state Open Meetings Law (OML).
Blog
City Budget
Less Spending, More Saving
Benchmarks to Assess the NYC Financial Plan
November 13, 2019
Four things the upcoming budget should do to put the city on better financial footing.
Podcast episode
City Budget
$15 billion, with Dean Fuleihan
November 12, 2019
$15 billion is the CBC's estimate of the three-year revenue shortfall for New York City government in a recession. First Deputy Mayor Dean Fuleihan joined CBC President Andrew Rein for a wide-ranging discussion about the City's budget, closing Rikers, access to hydropower, NYC's competitiveness, and more.
Video
CBC News
Breakfast with First Deputy Mayor Dean Fuleihan
A CBC Breakfast Series
November 10, 2019
First Deputy Mayor Dean Fuleihan and CBC President Andrew Rein sat down for a fireside chat to discuss the important issues being addressed by the Administration.
Statement
City Budget
Statement from CBC Praising Historic Vote to Protect New York City's Finances
November 06, 2019
New Yorkers approve charter amendment to create a Rainy Day Fund
Video
City Budget
Breaking Down the Proposed Changes to the City Charter
Spectrum News NY1
October 29, 2019
CBC President Andrew Rein explains the importance of voting "yes" on ballot question #4, which would allow for the creation of a “rainy day fund” and let the city save money during prosperous times.
Op Ed
City Budget
Vote yes on a rainy day fund for New York City
New York Daily News
October 21, 2019
When New Yorkers head to the polls to vote, they will find five important ballot proposals, but one in particular is worth supporting because it would make an important change to how the city manages its budget.