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Testimony
Housing
Build More Housing, Everywhere
City of Yes Takes Right Approach to NYC’s Housing Crisis
July 10, 2024
The City of Yes for Housing Opportunity takes the right approach to New York City’s housing crisis: Build more housing, everywhere, of all types, for everyone.
Press Release
CBC News
CBC Submits "Testimony on Proposed Changes to the New York City Charter"
July 08, 2024
CBC continues to recommend that the Charter require a local law ensuring the City’s Rainy Day Fund (RDF) grows and is used for its intended purpose—to protect New Yorkers from dramatic cuts during a recession or short-term emergency.
Press Release
CBC News
CBC Releases "Refined Recommendations to NYC Charter Revision Commission for Improving Finances, Management, and Resident Feedback"
July 08, 2024
Improving both legislative Fiscal Impact Statements and the Executive’s financial plan estimates will enhance the integrity, legitimacy, and outcomes of budget-making, and help ensure the public appropriately views this Charter Revision Commission’s work through the lens of substance, not politics.
Report
City Budget
Refined Recommendations to NYC Charter Revision Commission
for Improving Finances and Resident Feedback
July 08, 2024
The sections below outline the proposed changes and how they would improve the City’s financial management and resident feedback. Draft Charter language is in the Appendix.
Testimony
City Budget
Testimony on Proposed Changes to the New York City Charter
Submitted to the New York City Charter Revision Commission
July 08, 2024
The time to start protecting New Yorkers is now, not after the next crisis.
Report
City Budget
NYC Adopted Budget
Pleasing, Not Prudent
July 01, 2024
Unfortunately, our City’s leaders again did little to ensure priority programs are sustainable by making government more efficient and shrinking lower impact activities.
Statement
City Budget
Statement on New York City Fiscal Year 2025 Budget Agreement
June 28, 2024
The budget dance being alive and well is not music to our ears. City leaders have ended the dance in step, unfortunately with too little regard for the City’s long-term fiscal stability.
Press Release
CBC News
CBC Releases "A Building Crisis"
The Quality-of-Life, Population, and Economic Effects of Housing Underproduction
June 27, 2024
The decades-long failure to build sufficient housing in New York City has degraded quality of life, driven away residents and jobs, and undermined the city's tax base and economy.
Letter
City Budget
Improving Fiscal Integrity and Stability in NYC's FY25 Budget
A Letter to the Mayor and City Council
June 17, 2024
The decisions you make adopting the fiscal year 2025 budget will not only affect the City’s activities in the upcoming year, but will set the stage for the City’s ongoing fiscal capacity and stability to provide needed services and weather future crises.
Podcast episode
City Budget
6,632, with First Deputy Mayor Sheena Wright
June 13, 2024
6,632 is the number of NYC households who responded to CBC's 2023 NYC Resident Survey: "Straight from New Yorkers." The survey provides the most comprehensive, statistically valid, post-pandemic view of how New Yorkers are feeling about the City's quality of life and the quality of government services. Among the many eyebrow-raising pieces of feedback coming Straight from New Yorkers: Only 30% of rate their quality of life as excellent or good, down from 50% in 2017. Joining the pod to discuss the survey results and the City's priorities is New York City First Deputy Mayor Sheena Wright.
Press Release
CBC News
CBC Releases "Preliminary Recommendations to NYC Charter Revision Commission for Improving Finances, Management, and Resident Feedback"
June 13, 2024
CBC is providing its preliminary recommendations for Charter revision that focus on strengthening the integrity of the budget process and fiscal estimates by both the Mayor’s office and the City Council.
Report
City Budget
Preliminary Recommendations to NYC Charter Revision Commission
for Improving Finances, Management, and Resident Feedback
June 13, 2024
CBC believes the CRC should focus on recommending changes that are appropriate to the Charter and not local law.
Testimony
City Budget
Testimony Before the New York City Charter Revision Commission
June 13, 2024
Our Preliminary Recommendations focus on three areas to improve the Charter: Fiscal Integrity and Stability, Management Quality and Efficiency, and Resident Feedback.
Press Release
CBC News
CBC Releases "Checklist for NYC Fiscal Year 2025 Budget Adoption; Strengthening the City’s Fiscal Health and Competitiveness"
May 22, 2024
The choices Mayor Eric Adams, Speaker Adrienne Adams, and their teams make in these next five weeks will either help stabilize the fiscal path—strengthening the City’s ability to drive prosperity and protect New Yorkers—or make it shakier, increasing the chance of massive cuts to services in the future.
Report
City Budget
Checklist for NYC Fiscal Year 2025 Budget Adoption
Strengthening the City’s Fiscal Health and Competitiveness
May 22, 2024
The City Council will wrap up its Fiscal Year 2025 Executive Budget hearings this week, kicking Administration and Council budget negotiations into high gear.
Special Feature
City Budget
Did You Know?
NYC FY 2025 Executive Budget Edition: Spending Growth [1]
May 01, 2024
The NYC Fiscal Year 2025 Executive Budget proposes to increase City-funded spending 6.3 percent, or $5.2 billion, from fiscal year 2024 to fiscal year 2025.
Statement
City Budget
Underbudgeting Still Clouds City’s Fiscal Picture, Even with Expanding Economy
April 24, 2024
While an expanding economy brightens the revenue outlook, low-balled expenditures still cloud the City’s fiscal picture.
Special Feature
City Budget
FAQ NYC: ‘Don’t Fudge It in the Budget’
The CITY's Podcast
April 22, 2024
Citizens Budget Commission President Andrew Rein joins hosts Katie Honan and Harry Siegel to break down what we know about the nearly quarter-trillion-dollar State budget that just dropped, weeks late, what to expect from the city's ongoing budget negotiations, and much more.
Report
City Budget
Real Numbers, Real Choices
Recommendations for a Clearer Fiscal View in the NYC Executive Budget
April 18, 2024
New York City’s long-run fiscal stability is precarious, and its short-term prospects are uncertain. Major causes of this uncertainty are revenue estimates that may be unreasonably conservative and spending estimates for current programs that are alarmingly understated.
Press Release
CBC News
CBC Releases "Real Numbers, Real Choices"
April 18, 2024
Real Numbers, Real Choices details that the Mayor’s Executive Budget—due next week—should give a more accurate picture of the City’s fiscal standing to foster budget choices that stabilize the fiscal future. Making budget decisions based on unrealistic estimates increases the chances of a future fiscal reckoning.