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Video
Taxes
The New York City Property Tax
Problems, Inequities, and Potential Reforms
September 13, 2018
NYC Advisory Commission on Property Tax Reform is charged with recommending reforms to make the NYC property tax fairer, simpler, and more transparent. CBC, the Regional Plan Association, and NYU Wagner convened a panel to discuss the current property tax system and the reforms that should be pursued.
Blog
Taxes
New York City Homeowners
Who's Got the Unfairest Tax Burden of Them All?
September 12, 2018
One of the basic principles of good tax policy is equity: similarly situated taxpayers should have similarly sized tax bills. New York City’s property tax system does not comport with this principle.
Blog
State Budget
Hold Your Bets
Four Guidelines for Legalized Sports Betting in New York State
September 05, 2018
State leaders should consider these four guidelines as they decide whether and how to expand sports betting in New York.
Blog
Housing
NYCHA’s Physical Conditions Remain the Worst in the City
Insights from the 2017 Housing and Vacancy Survey
August 29, 2018
Every three years, the U.S. Census Bureau conducts a New York City Housing and Vacancy Survey (HVS), which provides the most comprehensive information available on the size, nature, and condition of New York City’s housing stock.
Video
Economic Development
Friedfel Talks Economic Development Inititatives
Capital Tonight
July 12, 2018
Ten economic development bills passed the state legislature, but CBC says the current programs need to be reformed before anything new is added.
Blog
City Budget
Reduction in Uniformed Overtime Is Still Needed
July 12, 2018
Without workrule changes the City’s uniformed overtime caps are unlikely to be successful. In fact, several agencis have already exceeded their FY 2018 caps.
Blog
Public Workforce
The Cost of a Growing City Workforce
Ballooning Budgets and Long-term Liabilities
July 10, 2018
NYC’s municipal workforce is projected to reach a record 331,520 employees by the end of fiscal year 2019. Headcount expansion has a significant impact on the City’s budget and long-term financial position.
Blog
State Budget
Reallocate Settlement Payments to Boost Rainy Day Funds
July 09, 2018
NYS has wom more than $11 billion in litigation settlements since FY 2014-2015. The spending of some of the settlement funds have more merit than others, but one major shortcoming is that none of the funds were allocated to boosting reserves.
Report
Housing
Stabilizing the Foundation
Transforming NYCHA to Address Its Capital Needs
July 03, 2018
Rather than continue as the nation’s largest landlord, NYCHA should transition to an affordable housing steward employing a full range of strategies to preserve the affordability of its units.
Report
Economic Development
Economic Development Scorecard
2018 New York State Bill Tracker
June 22, 2018
91 bills active in this session would create and expand economic development programs. Until reform is enacted, these bills should be halted.
Video
Housing
Marisa Lago, Director of the Dept. of City Planning
CBC Breakfast Series
June 19, 2018
Marisa Lago, Director of the Department of City Planning and Chair of the City Planning Comission, joined the CBC to discuss the U.S. Census, neighborhood revitalization, housing afforability, and resiliency and sustainability.
Blog
Pensions & Benefits
Bitter Truth
Many Benefit Sweeteners Lack Required Fiscal Estimates
June 06, 2018
To date the New York State Legislature has introduced 138 bills in this session that enhance the benefits of state and local public employees. How much these bills could cost taxpayers is unknown.
Blog
State Budget
The State Budget Cap Has Lost Its Meaning
May 29, 2018
Keeping with Albany tradition, the state's leaders adopted the budget on the final day of last fiscal year in the wee hours of the morning with little debate and no transparency, once again proclaiming the budget complies with a 2 percent growth cap.
Report
Pensions & Benefits
2018 Benefit Sweetener Scorecard
May 18, 2018
The balance of this year's legislative session will be devoted to moving bills through the legislative process, including proposals to enhance the benefits of State and local public employees and retirees.
Blog
Pensions & Benefits
Four Egregious Benefit Enhancement Bills
2018 Benefit Sweetener Scorecard Update
May 18, 2018
The 135 active bills identified on the Citizens Budget Commission’s 2018 Benefit Sweetener Scorecard this session could cost the State and local governments at least $428 million.
Report
Pensions & Benefits
2018 Benefit Sweetener Scorecard
April 12, 2018
With negotiations completed and a State Budget enacted, the balance of this year’s legislative session will be devoted to moving bills through the legislative process, including proposals to enhance the benefits of State and local public employees and retirees.
Video
State Budget
Tom DiNapoli, NYS Comptroller
CBC Breakfast Series
March 26, 2018
His remarks covered Wall Street performance and the City economy, the State and City budgets, and State pension funds. Watch the video here.
Report
Taxes
Practical Policy in Challenging Circumstances:
How NYS and NYC Should Respond to the Tax Cuts and Jobs Act
March 18, 2018
Strategies to mitigate the federal tax law's threat to New York's competitiveness and New Yorkers' wallets.
Blog
Health Care
Three Strikes Against the Governor’s Proposed Conversion Revenue
March 13, 2018
Counting on the revenue from health insurance company conversations is not prudent for three important reasons.
Blog
State Budget
California Dreaming
NY Should Build Reserves to Prepare for a Rainy Day
March 12, 2018
California is a leader in funding reserves for a rainy day--New York State should follow its example.