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Podcast episode
City Budget
$85.2 Billion, with Maria Doulis
June 01, 2017
New York City recently adopted an $85.2 billion budget. What are the largest aspects of spending, the most contentious parts of the budget deal, and the risks ahead?
Testimony
City Budget
Testimony on the NYC FY2018 Executive Budget
Submitted to the NYC Council Finance Committee
May 25, 2017
As City leaders move toward adopting the budget, CBC recommends greater spending restraint; increasing efficiency savings; bolstering reserves; and improving the capital planning process.
Testimony
Education
Public Comment on School Planning and Siting Process
Submitted to the NYC Council Working Group on School Planning, Siting, and Overcrowding
May 24, 2017
CBC offers two recommendations for improving the school planning and siting process: maximize use of existing capacity, and target new capacity to areas with the highest need.
Report
Capital Spending
What New Yorkers Can and Cannot Learn from the Ten-Year Capital Strategy
May 23, 2017
The Ten-Year Capital Strategy has shortcomings that undermine the public’s ability to hold leaders accountable as good stewards of the City’s infrastructure and capital dollars.
Report
City Budget
NYC Resident Feedback Survey: Report of Results
May 16, 2017
10,000 New Yorkers responded to a survey about which services they're satisfied with -- and which are in need of improvement.
Report
Capital Spending
Slow Build
Creating a More Cost-Efficient Capital Construction Process for Cultural Organizations and Libraries in New York City
April 10, 2017
How long does it take to renovate a public library or expand museum space? CBC & CUF investigate.
Report
Capital Spending
Three Ways to Improve the Port Authority's Capital Plan
February 16, 2017
Despite an increase in transparency and accountability, the updated plan remains deficient in three important ways.
Testimony
Economic Development
On Economic Development Proposals in the NYS Executive Budget for FY2018
Submitted to the Joint Legislative Conference on Economic Development
January 31, 2017
The growth of economic development costs should be halted until the effectiveness is demonstrated through standardized performance measures and transparent reporting.
Testimony
City Budget
Comments on Proposed Small Business Services Rule on Bus Contracts
Pursuant to Section 1301 of the New York City Charter
January 30, 2017
CBC opposes extending the Department of Small Business Services program providing grants to companies that provide school bus transportation in order to maintain the wages and benefits of certain employees for a third year.
Report
Public Workforce
Governor Cuomo's Labor Contracts
Only Getting Part of the Job Done
January 06, 2017
In collective bargaining, the Governor must balance paying workers fairly with keeping tax levels reasonable. More needs to be done to control rising fringe benefits costs.
Report
Taxes
New York City Property Taxes
3 Things Owners and Renters Should Know
December 22, 2016
Why do owners of the same type of property pay vastly different rates?
Report
Education
A Better Foundation Aid Formula
Funding Sound Basic Education with Only Modest Added Cost
December 12, 2016
This report explains why Foundation Aid, a need-based State school aid program, was developed, what is wrong with it, and how to make it better.
Report
Pensions & Benefits
An Expensive and Risky Benefit
How Low Interest Rates Cost New York City Taxpayers $1.2 Billion Annually
October 05, 2016
A unique feature of a tax deferred compensation plan available to NYC teachers guarantees them a 7% investment return regardless of what happens to interest rates or in the stock market.
Report
Economic Development
New York City's Competitiveness in Attracting Talent
2016 Scorecard
September 28, 2016
How does the New York City metro area compare to other large cities in the competition for a talented workforce? Affordability and commute times remain challenges.
Testimony
Economic Development
Testimony on Regular Evaluation of Tax Expenditures
Submitted to the New York City Council Committee on Finance
September 22, 2016
The impact of tax expenditures should be regularly assessed to determine whether they are inducing behavior or subsidizing activity that would happen anyway.
Report
State Budget
Predicting the Peak, Preparing for the Trough
An Examination of the Impact of a Possible Recession on New York State
June 20, 2016
The impact of a possible recession could be as high as $59 billion, or 18.2 percent of tax revenues over four years.
Testimony
Energy & Environment
Testimony to Reducing Food Waste in New York City
Submitted to NYC Council Committee on Solid Waste and Sanitation
June 07, 2016
Unless residential trash collection costs are reduced, new program costs will greatly overwhelm any potential savings from landfill reduction. A significant expansion of food waste collection may also outpace regional processing infrastructure.
Report
City Budget
Where Is the Money Going?
Mayor de Blasio's Spending Priorities
June 03, 2016
This report analyzes spending growth under Mayor Bill de Blasio using the last financial plan prepared by Mayor Michael Bloomberg as a starting point. The analysis reveals the priorities of the de Blasio administration.
Report
Health Care
What Ails Medicaid in New York?
And Does the Medicaid Redesign Team Have a Cure?
May 20, 2016
This report assess the progress of the Medicaid Redesign Team (MRT), launched in 2011, in implementing strategies to curb costs and improve the quality of care in Medicaid.
Testimony
Pensions & Benefits
Testimony on Health Care Savings Under Recent Collective Bargaining Agreements
Delivered to NYC Council Committees on Finance and Civil Service
February 26, 2016
CBC has been monitoring New York City's efforts to find health savings. CBC has long advocated negotiating changes to health insurance as part of collective bargaining and applauded the labor-management agreement that committed to meet annual savings targets.