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Statement
Transportation
Statement on Congestion Pricing and Funding Discussions in Albany
June 07, 2024
New York should not vie for the triple crown of bad governing—knee jerk reaction, shortsighted fiscal maneuvers, and a backroom deal outside the budget process.
Statement
Transportation
Statement on Congestion Pricing Revenue Alternatives
June 06, 2024
With Governor Hochul's announcement to indefinitely suspend congestion pricing, substitute finance options are being discussed.
Statement
Transportation
Statement on Congestion Pricing
Stay the Course; Critical Needs to Ensure State of Good Repair
June 05, 2024
Congestion pricing is the transit trifecta—providing critical funding for transit, reducing emissions, and easing congestion. We should stay the course.
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.
Video
Housing
Conversation with NYCHA CEO Lisa Bova-Hiatt and NYCHA Chair Jamie Rubin
How NYCHA plans to invest $60B over 5 years
March 27, 2024
Lisa Bova-Hiatt is the Chief Executive Officer (CEO) of the New York City Housing Authority, and Jamie Rubin is the Chair of the New York City Housing Authority.
Statement
Pensions & Benefits
Statement on Proposed Tier 6 Benefit Sweetener as Part of State’s Fiscal Year 2025 Budget
March 27, 2024
The proposed change to Tier 6 pension benefits, which will cost the State and local governments in New York nearly $400 million per year, is unnecessary, expensive, and should be rejected.
Statement
State Budget
Statement on Medicaid/Managed Care Tax Proposal in NYS Budget Talks
March 26, 2024
The proposal to levy a new tax on Medicaid and other managed care plans to leverage $4 billion of federal money relies on speculative, temporary revenue to seed permanent spending increases.
Statement
City Budget
Statement on the New York City Fiscal Year 2025 Preliminary Budget
January 16, 2024
While Mayor Adams leveraged strong revenues and wisely implemented two rounds of PEG savings to balance the Preliminary Budget, many more hard choices are still needed to stave off a fiscal reckoning.
Video
Transportation
Conversation with the MTA's Janno Lieber and Jamie Torres-Springer
A CBC Event
December 13, 2023
MTA Chair and CEO Janno Lieber and MTA Construction & Development President Jamie Torres-Springer to discuss a wide range of issues facing the MTA.
Statement
City Budget
Statement on the New York City November 2023 Financial Plan
November 16, 2023
While the City’s November update delivers some needed savings through the first round of budget reductions, much more needs to be done to close the massive remaining gaps and stave off a fiscal reckoning.
Video
City Budget
Conversation with DSNY Commissioner Jessica Tisch
A CBC Event
October 17, 2023
Commissioner Jessica Tisch is a lifelong New Yorker, appointed in April 2022 to lead the New York City Department of Sanitation
Statement
Transportation
Statement on the MTA’s Twenty-Year Needs Assessment for 2025-2044
October 04, 2023
The MTA's Twenty-Year Needs Assessment for 2025-2044 (TYNA) importantly lays bare the transit system’s precarious state of repair.
Video
Economic Development
Conversation with Andrew Kimball, President & CEO of NYC EDC
A CBC Event
September 13, 2023
Andrew Kimball is President & CEO of New York City Economic Development Corporation (NYCEDC), where he leads NYCEDC’s work growing an innovative and inclusive economy for all New Yorkers.
Statement
City Budget
Statement on NYC's FY 2024 November Plan PEG Directive
September 10, 2023
Mayor Eric Adams is taking the right step right now, directing agencies to propose 5 percent budget savings.
Video
State Budget
Briefing on the New York State and New York City Fiscal Year 2024 Budgets
A CBC Webinar
August 04, 2023
CBC's Ana Champeny and Patrick Orecki delivered a briefing on the New York State Fiscal Year 2024 Enacted Budget and the New York City Fiscal Year 2024 Adopted Budget.
Statement
City Budget
Statement on New York City Fiscal Year 2024 Budget Agreement
June 29, 2023
The City’s leaders announced a fiscal year 2024 budget agreement that will please many stakeholders—for the next year.
Video
Economic Development
Conversation with Hope Knight, ESD President, CEO & Commissioner
A CBC Event
June 15, 2023
At Empire State Development Commissioner Knight is dedicated to policies that advance sustainable and inclusive economic growth.
Video
City Budget
Conversation with NYC Budget Director Jacques Jiha
A CBC Event
May 31, 2023
NYC Budget Director Jacques Jiha briefed CBC Trustees on the New York City Fiscal Year 2024 Executive Budget.
Statement
City Budget
Statement on the New York City Fiscal Year 2024 Executive Budget
April 26, 2023
The Executive Budget lays bare the stark and potentially dark fiscal reality facing New York City.
Statement
City Budget
Statement on NYC's FY 2024 Executive Budget PEG Directive
April 04, 2023
The City is right to initiate a PEG—a Program to Eliminate the Gap—for the Executive Budget. This action is timely, if not overdue.