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Press Release
CBC News
CBC Delivers Testimony on NYC’s Spending of Federal COVID-19 Relief Funds
November 07, 2022
Today CBC Vice President for Research Ana Champeny will deliver testimony on the $25 billion in federal COVID-19 relief funds
Press Release
CBC News
CBC Submits Testimony on Renewable Energy and New York City’s Climate Adaptation
October 13, 2022
Implementing both the CLCPA and LL97 using the most cost-effective strategies and balancing economic incentives.
Press Release
CBC News
CBC Releases More Money, Little Accountability
New York Continues to Increase State School Aid
October 03, 2022
This year, New York State will spend $34.4 billion on school aid, a 6.7 percent increase from last year.
Press Release
CBC News
CBC Releases Testimony on NYC Ferry
September 22, 2022
CBC’s research has documented that NYC Ferry is highly subsidized, both relative to New York’s other transit systems and other ferries nationally.
Press Release
CBC News
CBC Delivers Testimony on the NYC Municipal Workforce
September 09, 2022
Over 28,000 vacancies are result of management, procedural, labor market challenges
Press Release
CBC News
Marissa Shorenstein Nominated to be Next Chair of the Citizens Budget Commission
September 08, 2022
Today, the CBC Executive Committee announced it has nominated Marissa Shorenstein to succeed Walter Harris as Chair of CBC.
Press Release
CBC News
Marissa Shorenstein Nominated to be Next Chair of the Citizens Budget Commission
September 08, 2022
Today, the CBC Executive Committee announced it has nominated Marissa Shorenstein to succeed Walter Harris as Chair of CBC.
Press Release
CBC News
CBC Releases Improving New York City’s Land Use Decision-Making Process
September 06, 2022
New York City’s ongoing prosperity depends on creating more jobs and more housing.
Press Release
CBC News
CBC Releases Prioritizing the MTA's Critical Capital Needs
What to Do When You Can’t Do It All
August 23, 2022
The MTA needs significant capital investment to ensure it does not fall into a state of disrepair, leading to service disruption that hampers New Yorkers' quality of life and the region's economy.
Press Release
CBC News
CBC Releases Late Addition
$1.6 billion in Capital Pork Served Up
July 20, 2022
CBC's new blog, "Late Addition: $1.6 billion of Capital Pork Served Up" shows that the agreement also included servings of capital 'pork' added in the final days of negotiations.
Press Release
CBC News
CBC Appoints Charlotte Levitt as Vice President for Strategy and Communications
July 19, 2022
I am pleased to announce that Charlotte Levitt will become CBC’s Vice President for Strategy and Communications starting Monday July 25.
Press Release
CBC News
CBC Releases Testimony on Adams Administration’s Housing our Neighbors Plan
July 01, 2022
Today, CBC will testify before the City Council’s Committee on Housing and Buildings on Mayor Eric Adams’ new housing plan.
Blog
City Budget
Big Budget
NYC’s Adopted FY 2023 Budget—Spending and Growth
June 28, 2022
Adopted City Funds spending next year is $77.6 billion, a $5.5 billion (7.7 percent) increase over fiscal year 2022 and $1.9 billion more than the Executive Budget.
Press Release
CBC News
CBC Releases Big Budget
NYC’s Adopted FY 2023 Budget—Spending and Growth
June 28, 2022
Actual spending obligations are $104.7 billion, excluding reserves and adjusting for prepayment of obligations in fiscal year 2022.
Press Release
CBC News
CBC Promotes Ana Champeny to Vice President for Research
May 23, 2022
I am thrilled to announce the promotion of Ana Champeny to Vice President for Research. Ana is one of the foremost experts on New York City’s finances generally, and has an outstandingly deep understanding of the City’s real estate markets and property taxes.
Blog
City Budget
What’s Up With (in) the NYPD Fiscal Year 2023 Executive Budget
May 09, 2022
Compared to the Preliminary Fiscal Year 2023 Budget, the City-funded NYPD operating budget is more than $140 million higher in each year of the plan.
Blog
City Budget
Unnecessary Increase
Despite 18,000 Vacancies, NYC FY 2023 Executive Budget Adds 3,000 New Positions
May 04, 2022
Rather than add positions, the City should redistribute available vacancies across departments, within agencies, or across agencies.
Blog
City Budget
18,000 Vacant City Jobs Is More Than Enough
Vacancy Reduction Should Not Impede Hiring; How NYC Manages Will
March 30, 2022
Any staffing issues are the result of management, system, and labor market challenges, not a shortage of available positions
Blog
City Budget
Six Fast Facts about the NYPD's Preliminary FY2023 Budget
March 18, 2022
Public safety is a top issue for New Yorkers, and the New York City Police Department (NYPD) budget continues to garner attention and interest.
Blog
City Budget
The Record on Reserves
New York City Fiscal Year 2023 Preliminary Budget Reserves
February 28, 2022
While this is a record in dollars, it is not the record as a percent of the City-funded budget.