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Testimony
Housing
Testimony on NYCHA’s Capital Spending of City Funds
Submitted to the City Council Committee on Public Housing and Subcommittee on Capital Budget
November 18, 2021
I will focus on two topics: first, how additional City capital funding and new policy approaches are helping to address NYCHA’s capital needs, and second, the process and procurement reforms needed to ensure that NYCHA spends all—not just City—capital dollars effectively and efficiently.
Testimony
City Budget
Testimony on Oversight of Changes to Municipal Retirees’ Health Care Plan
Testimony before the City Council Committee on Civil Service and Labor
October 28, 2021
This agreement starts right and then veers off course to miss the finish line because the resulting savings do not flow to the City’s bottom line.
Letter
Pensions & Benefits
CBC Urges Veto of 21 Benefit Sweeteners
A Letter to the Governor
October 04, 2021
CBC urges you to veto S4719A/A1414A, as well as 20 other bills when they are delivered to you.
Report
Energy & Environment
Balancing Incentives to Maximize Emission Reduction
Recommendations on Local Law 97 Implementation
August 26, 2021
To meet LL97’s emissions reductions goals most cost-effectively, DOB, in consultation with the advisory board, should tailor the policy and compliance rules to provide building owners the most cost-effective compliance paths.
Testimony
City Budget
Testimony on Preliminary Report on New York City Property Tax Reform
Submitted to the New York City Advisory Commission on Property Tax Reform
June 16, 2021
CBC and many New Yorkers have called for reform of the City’s byzantine and unfair property tax system for decades.
Podcast episode
Health Care
Episode 105: 21,200, with Stephen Berger and Dr. Mitchell Katz
April 06, 2021
21,200 is the total number of inpatient hospital beds in New York State—approximately 2.5 beds for every 1,000 people. The pandemic has brought a significant attention to New York's health care system, and some have called for greater hospital capacity to help New York be better prepared for the future. Joining the podcast are two of New York's leading health care experts: Stephen Berger, who was Chairman of the New York State Commission on Health Care Facilities in the 21st Century, and Dr. Mitchell Katz, President and CEO of NYC Health + Hospitals.
Statement
State Budget
Statement in Regard to the New York State Joint Legislative Budget Hearing on Taxes
February 23, 2021
New York State can balance its budget without increasing personal income taxes or delaying the middle class tax cut.
Report
Housing
NYCHA’s Operating Outlook
More Uncertainty Amid Pandemic and Repair Needs
February 03, 2021
While one-time federal aid helped NYCHA cover its COVID costs in 2020, the outlook for 2021 depends on how NYCHA manages challenges it already faces.
Report
Health Care
A New Approach to Funding New York City Health + Hospitals
December 16, 2019
This report analyzes the system’s finances, compares H+H to other providers in the City, and outlines options to right-size the City subsidy and improve H+H's fiscal future.
Press Release
Health Care
CBC Report Finds NYC H+H Recovered Only 54 Percent of Associated Patient Care Costs from Insurers
Compared to 85 Percent for Safety Net Hospitals
December 16, 2019
Majority of H+H Deficit was due to low revenue for care to Medicaid patients, not uncompensated care for the uninsured.
Letter
State Budget
New York State Should Responsibly Address Serious Fiscal Imbalance
A Letter to Governor Cuomo, Majority Leader Stewart-Cousins, and Speaker Heastie
December 10, 2019
The Citizens Budget Commission welcomes the recognition that the State must immediately address its serious fiscal imbalance.
Testimony
Taxes
Comments on New York City Property Tax Reform
December 04, 2019
The balancing act facing legislators as they consider proposals to reform the property tax is how to increase equity, fairness, and transparency, while maintaining fiscal stability and reliability.
Testimony
Housing
Testimony on State Policies and Housing Development in New York City
November 25, 2019
CBC has long seen housing affordability as a key factor affecting New York City’s long-term competitiveness.
Blog
State Budget
Truth in (Financial Plan) Reporting
Will New York State’s Mid-Year Financial Plan Update Appropriately Reflect and Address the Medicaid Budget Shortfall?
November 05, 2019
The State must recognize actual and timely payments for the Medicaid program and explain how it will address the estimated $9 billion Medicaid budget shortfall.
Podcast episode
Taxes
Episode 83: $81.3 billion, with Commissioner Michael Schmidt
October 24, 2019
$81.3 billion the amount of tax revenue New York State will collect in fiscal year 2020—46 percent of all resources in the $176 billion New York State budget. Michael Schmidt, Commissioner of the New York State Department of Taxation and Finance, joined the podcast to parse the details on the State’s tax base and taxation policies.
Letter
Pensions & Benefits
CBC Urges Veto of 18 Benefit Sweeteners
A Letter to the Governor
October 18, 2019
The Governor should veto all 18 bills and send a strong message that past reforms will not be overturned.
Video
Housing
Vicki Been, Deputy Mayor for Housing and Economic Development
A CBC Breakfast Series
October 11, 2019
Deputy Mayor Been joined CBC to discuss City housing and economic development policy in a fireside chat with CBC President Andrew Rein.
Special Feature
Housing
Facts About Housing
October 10, 2019
This infographic presents a snapshot of Mayor's Housing Plan, Capital Commitments for Housing, NYCHA's Capital Needs, and NYC Tax Expenditures and Revenue.
Press Release
Housing
Working Group to Address Full Capital Needs for NYCHA's Chelsea Developments
The City of New York, Office of the Mayor
October 10, 2019
Mayor de Blasio today announced the creation of a working group to address the future of the Fulton Houses, Elliot-Chelsea, and Chelsea Addition NYCHA developments.
Report
State Budget
Overdue Bills
Time to Face the Reality of Rising Medicaid Costs
October 09, 2019
State leaders have two options to reconcile the disconnect between reality and the budget: reduce Medicaid spending and/or achieve savings in other areas of the budget.