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Report
City Budget
9 Things New Yorkers Should Know About How New York City Buys Stuff
February 21, 2019
CBC's new report outlines nine critical things New Yorkers should know about procurement and makes four recommendations that could generate savings for the City.
Press Release
Transportation
CBC Recommends Five Principles for Congestion Pricing
February 13, 2019
The CBC today released its five key principles for crafting an effective congestion pricing program.
Testimony
Capital Spending
Testimony on Intro. No. 113
For an Online Database of Pending Construction Projects
February 12, 2019
Intro. No. 113 would require the City of New York to produce an online database of all pending construction projects that includes initial and current completion dates and costs.
Podcast episode
City Budget
$92.2 billion, with Sally Goldenberg
February 08, 2019
$92.2 billion is the size of the NYC's FY 2020 preliminary budget proposed by Mayor de Blasio. Sally Goldenberg, the City Hall bureau chief for Politico NY, joins the podcast to discuss the budget and what to expect as budget season kicks off.
Video
City Budget
The Mayor Called on NYC Agencies to Cut Their Budgets, But is the City Saving Enough?
NY1 Inside City Hall
February 08, 2019
CBC President Andrew Rein and IBO Director Ronnie Lowenstein joined Errol Louis on NY1 Inside City Hall to analyze the budget and explain if the city is saving enough for the next economic downturn.
Statement
City Budget
Statement on NYC Preliminary Budget FY 2020
February 07, 2019
In this uncertain economic environment, Mayor Bill de Blasio is right to urge caution and has announced the first Program to Eliminate the Gap (PEG) of his administration to be implemented in the Executive Budget. But for now, the City of New York Preliminary Budget Fiscal Year 2020 shows modest restraint in spending growth.
Blog
City Budget
Sound Strategy, Sound Future
Recommended Approach for the City’s Preliminary FY 2020 Budget
February 01, 2019
A thriving economy has allowed the City to increase spending by $20 billion since fiscal year 2014. The City should undertake a necessary course correction with this four-part strategy:
Podcast episode
City Budget
$175 Billion, with Andrew Rein
January 17, 2019
$175.2 billion is the size of Governor Cuomo's proposed budget for fiscal year 2020. CBC President Andrew Rein joined the podcast to help unpack the proposed budget.
Statement
Taxes
CBC Convenes Special Committee to Focus on Federal Tax Cuts
December 21, 2017
The Special Committee consists of CBC trustees, civic leaders, and policy experts, and will identify the greatest impacts and options for appropriate state and local government action.
Podcast episode
City Budget
2.7%, with Alex Heil
December 20, 2017
2.7% is the economic growth forecast for 2018 in the Port Authority’s 17-county region, which encompasses more than 200 municipalities. The Port Authority's Chief Economist Alex Heil joined WT[D]P to discuss the economic and transportation trends that impact the Port's bottom line.
Podcast episode
City Budget
1996, with Chris Jones
December 14, 2017
1996 is the last time a comprehensive regional plan was issued by the Regional Plan Association. Special guest Chris Jones, Senior Vice President and Chief Planner at RPA, joined the podcast to discuss the 4th Regional Plan, which was released last month. The plan contains 61 separate recommendations in four action areas that represent major challenges and areas of opportunity.
Report
Pensions & Benefits
2017 Benefit Sweetener Scorecard
December 07, 2017
The State Legislature passed 26 bills. Click to learn more.
Podcast episode
City Budget
10 years, with Michael Jacobson
December 06, 2017
10 years is the amount of time the de Blasio administration says it will take to shut down Rikers Island.Special guest Michael Jacobson is the executive director of the CUNY Institute for State and Local Governance. He was once the City's Correction Commissioner as well as the Probation Commissioner. He is a member of the Lippman Commission, convened by the City Council to solve the crisis at Rikers. Michael joined the podcast to discuss the Commission's findings--namely to close Rikers and move the inmates to facilities near courthouses and civic centers throughout the boroughs.
Podcast episode
City Budget
$26 billion, with Martha Stark
November 30, 2017
$26 billion is the amount of property taxes the City will collect this fiscal year-- it is the largest single source of revenue that funds NYC government. Special guest Martha Stark is a former Commissioner of the Department of Finance. She joined the podcast to discuss the complexities of the system for valuing and taxing real property and explained why reform is badly needed.
Statement
City Budget
Statement on the NYC November 2017 Financial Plan Modification
November 21, 2017
We await January's plan to indicate how the Administration intends to address potential storm clouds on the horizon and to fund new initiatives the Mayor has discussed.
Podcast episode
City Budget
44 days, with NYC Council Member Daniel Garodnick
November 16, 2017
44 is the number of days left in term-limited Council Member Daniel Garodnick's tenure. Council Member Garodnick has been a voice of reason in the City Council, having raised important questions about the city budget, economic development, and contracts. He chairs the City Council's Committee on Economic Development, is on the budget negotiating team, and in his final months has been fighting to pass reform of the commercial rent tax.
Podcast episode
City Budget
$67 Billion, with Jay Kriegel
November 09, 2017
$67 billion is the amount of state and local taxes New York State residents deduct from their federal tax returns each year. Known as SALT, this deduction is the topic of intense debate in Washington. Congressional leadership proposes to eliminate or cap SALT in order to offset the cost of corporate and other tax cuts.Special guest Jay Kriegel, Senior Advisor at Related Companies, is a New York communications and strategic advisor who has been involved in a number of major New York political and policy initiatives. In 1986, Jay led a national coalition that thwarted an attempt to eliminate the SALT deduction, and today he has taken a leadership role in the coalition to protect it.
Podcast episode
City Budget
348 and 74, with Riley Edwards
November 02, 2017
The data points are 348 and 74.348 is the number of Local Development Corporations and Industrial Development Agencies in NYS. These corporations made $16.2 billion in economic development investments from 2011 through 2015, yet only 5 of the state's 62 counties have had job growth higher than the national average. For this half of the podcast WTDP is joined by CBC Research Associate, Riley Edwards, author of the recent report: "Opaque and Duplicative - Local Economic Development in New York State."
74 is the number of Business Improvement Districts in NYC. CBC's report "BIDS - Organization, Oversight, and Transparency" describes the history and nature of these organizations, what services they provide, and whether property owners are getting their money's worth. WTDP is joined by CBC's Director of Research, Tim Sullivan, to explain.
Press Release
Economic Development
CBC Report On BIDs Calls For Increased Oversight And Transparency
November 02, 2017
CBC examined the process for setting assessment fees, their uses, and the city’s oversight of BIDs, and recommends increased public review and performance evaluation.
Report
City Budget
BIDs - Organization, Oversight, and Transparency
November 02, 2017
There are currently 74 Business Improvement Districts (BIDs) in New York City serving 85,000 businesses in more than 42,000 properties. BIDs derive the bulk of their funding from a special assessment fee levied on property owners, and collectively BID assessment revenues totaled more than $100 million in fiscal year 2016. This policy brief examines the process for setting assessment fees, their uses, and the city’s oversight of BIDs.