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Video
CBC News
A Special Conversation with Sarah E. Feinberg and Janno Lieber
March 30, 2021
Sarah Feinberg, New York City Transit Interim President. and Janno Lieber, Chief Development Officer of the MTA, joined the CBC for a special discussion on the challenges the MTA faced over the last year and what it continues to do to address those challenges.
Podcast episode
Transportation
800,000, with John Porcari
March 21, 2021
800,000 is the approximate number of daily passengers who travel on Northeast Corridor trains. The only rail link that connects New York and New Jersey is through a 110-year-old tunnel under the Hudson River. The Biden administration has pledged to move forward the Gateway Program―the planned, phased expansion and renovation of the Northeast Corridor rail line, including the aging tunnel. John Porcari, the founding interim Executive Director of the Gateway Development Corporation, joined the podcast to update listeners on the status of this critical infrastructure project.
Blog
City Budget
Bridge Over Troubled Fiscal Waters?
Only if Federal Aid Is Used Wisely
March 15, 2021
With more than $5 billion in additional federal relief expected to flow to New York City, the appropriate course of action now would be to address the most pressing pandemic and related expenses and responsibly backfill shortfalls in tax revenues temporarily but resist the urge to fund programs with recurring costs without a long run fiscal stability plan.
Op Ed
City Budget
Fed aid is a bridge; stable shore needed: American Rescue Plan good for NYC only if used prudently
New York Daily News
March 13, 2021
The American Rescue Plan will not only provide tremendous support to individuals, families, businesses and organizations, but can be a game-changer for New York state and city government. Success, however, is far from guaranteed.
Statement
State Budget
Statement on the Passage of the American Rescue Plan
March 10, 2021
The American Rescue Plan can be a game-changer for New York. It will provide much needed support for New Yorkers and our economy, including aid for those who are jobless, for many individuals and families, especially with children, for nonprofits and small businesses including restaurants and the arts, and more.
Podcast episode
City Budget
$5.3 billion, CBC's Mayoral Forum
February 28, 2021
$5.3 billion is the current estimate of the budget gap the next Mayor will have to close in her or his first year. Ben and CBC President Andrew Rein introduce listeners to CBC's mayoral candidates forum "Managing NYC’s Fiscal Crisis" that featured 10-minute conversations with each of eight candidates: Maya Wiley, Kathryn Garcia, Andrew Yang, Dianne Morales, Eric Adams, Ray McGuire, Scott Stringer, and Shaun Donovan. Each candidate presented their plan to manage the crisis, answered targeted questions, and identified positions on key fiscal issues in a lightning round.
Testimony
City Budget
Testimony on Comprehensive Long-Term Planning (Intro. 2186)
Submitted to the New York City Council
February 23, 2021
Intro. 2186 proposes a new comprehensive planning framework that would reform the City’s land use and capital planning process.
Blog
Public Workforce
Early Retirement Incentives
Weighing the Risks for State and Local Governments
February 22, 2021
In light of the City’s fiscal stress and the availability of other options to balance the budget, the City should reduce its workforce through attrition and not pursue the ERI.
Blog
Public Workforce
A Premium Option
School Districts Can Save $850 Million By Following the State’s Lead on Health Insurance
February 22, 2021
In response to New York State’s fiscal year 2022 budget gap, the executive budget calls for a change to the composition of school funding.
Blog
Transportation
What to Look for in the February Update to the MTA’s Financial Plan
February 17, 2021
Further actions will be needed to stabilize the MTA’s finances in the long term.
Presentation
City Budget
NYC FY 2022 Preliminary Budget
Balance Today, Challenges Tomorrow
February 04, 2021
The City is not addressing its long-term fiscal problems.
Podcast episode
State Budget
$7.4 billion, with E.J. McMahon
February 03, 2021
$7.4 billion is how much NYS personal income tax was paid in 2018 by residents of other states. This revenue stream may be threatened if a lawsuit over taxation of out-of-state telecommuting residents prevails. Today's guest is E.J. McMahon, adjunct fellow of the Manhattan Institute and senior fellow of the Empire Center. He explains why this lawsuit is so important and also discussed elements of the NYS Executive Budget. And, in her final episode as host, Maria Doulis offers a brief analysis of the NYC Preliminary Budget.
Blog
Public Workforce
Why Spend to Save?
Early Retirement Incentives Save Less than Attrition
January 28, 2021
ERIs are a more costly workforce reduction strategy than attrition or layoffs.
Statement
City Budget
CBC Statement on the NYC Preliminary Budget for FY2022
January 14, 2021
Citizens Budget Commission (CBC) President Andrew S. Rein released this statement on the New York City Preliminary Budget for Fiscal Year 2022:
Statement
Transportation
Statement on the Metropolitan Transportation Sustainability Advisory Workgroup Report
December 18, 2018
The Metropolitan Transportation Sustainability Advisory Workgroup Report released today provides a sober look at the fiscal and managerial challenges facing the MTA.
Testimony
Education
Testimony on the New Department of Education Five-Year Capital Plan
Submitted to a Joint Hearing of the City Council Committees on Education and Finance and Subcommittee on the Capital Budget
December 18, 2018
City officials cannot continue to expect the City can build its way to a solution; making real progress will require implementing operational strategies that alter the use of space and redirect students to facilities with capacity.
Blog
City Budget
Charter Revision 2019
Clearing Out the Clutter
December 14, 2018
The 2019 Commission will avoid the shortcomings of recent commissions if it stays true to its stated criteria and pursues Charter revisions that simplify and update the document.
Podcast episode
City Budget
2,268 with Stephen Eide
December 13, 2018
2,268 is the average daily number of people in adult psychiatric centers in New York State, a decrease from a peak of more than 93,000 people in 1955. Stephen Eide, a Senior Fellow at the Manhattan Institute, discusses the impacts of deinstitutionalization in New York.
Report
Transportation
NYS Infrastructure Policy
A Background Paper for the CBC Conference on The Most Important Fiscal and Economic Issues Facing New York State
December 13, 2018
This paper was prepared by HR&A Advisors as a background paper for the December 2018 CBC Conference on most important fiscal and economic issues facing New York State. The paper provides recommendations for how NYS should prioritize, fund, and deliver key infrastructure investments.
Podcast episode
City Budget
18.6%, with Greg David and Cara Eisenpress
November 30, 2018
18.6% is the poverty rate in New York City. Greg David and Cara Eisenpress, both from Crain's New York Business and the Craig Newmark Graduate School of Journalism at CUNY, discuss their recent reporting exploring New York City's safety net, how it's funded, and how it compares to other places (hint: a lot better).