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Press Release
CBC News
CBC Releases "Checklist for NYC Fiscal Year 2025 Budget Adoption; Strengthening the City’s Fiscal Health and Competitiveness"
May 22, 2024
The choices Mayor Eric Adams, Speaker Adrienne Adams, and their teams make in these next five weeks will either help stabilize the fiscal path—strengthening the City’s ability to drive prosperity and protect New Yorkers—or make it shakier, increasing the chance of massive cuts to services in the future.
Press Release
CBC News
CBC Releases "Real Numbers, Real Choices"
April 18, 2024
Real Numbers, Real Choices details that the Mayor’s Executive Budget—due next week—should give a more accurate picture of the City’s fiscal standing to foster budget choices that stabilize the fiscal future. Making budget decisions based on unrealistic estimates increases the chances of a future fiscal reckoning.
Press Release
CBC News
CBC Releases "Setting the Right Ceiling: Rethinking the City’s Debt Limits and Capital Process"
April 03, 2024
CBC recommends the State reject the arbitrary, lump sum debt limit expansions the City and Executive Budget proposed, and adopt a more analytically grounded, sustainable approach.
Press Release
CBC News
CBC Releases "It's Only Fair: The Urgent Need for Stronger Policies to Stop Fare and Toll Evasion"
April 02, 2024
CBC's new analysis finds that fare evasion has continued to grow, likely exceeding $700 million in 2023—an amount equal to the funding that would be raised by two rounds of fare hikes.
Press Release
CBC News
Straight from New Yorkers:
CBC Resident Survey Gives Comprehensive View of Satisfaction with Quality of Life, City Services
March 19, 2024
CBC’s first post-pandemic Resident Survey shows sharp drops in citywide satisfaction ratings from 2017; New Yorkers rate life in their neighborhoods generally higher than citywide quality of life; Adams Administration’s priorities align with those of New Yorkers
Press Release
CBC News
CBC Releases "Target and Tighten: The Sustainable Path for School Aid Growth in New York
March 13, 2024
CBC’s new analysis finds that State school aid has annually increased 6.7 percent over the past three years.
Press Release
CBC News
CBC Releases "NYS Budget Outlook"
March 07, 2024
CBC’s NYS Budget Outlook finds that the Fiscal Year 2025 Budget is buoyed by higher projected tax receipts, but the additional funds still leave large annual budget gaps and a substantial structural budget gap.
Press Release
CBC News
Spotlight on Spending
PEG Cancelation Makes City Budget Transparency More Critical; State Should Continue to Level Off Spending Growth
February 22, 2024
When it comes to government spending, New York’s trajectory over the past several years is precariously on-brand with the “Excelsior” state motto.
Press Release
CBC News
CBC Releases "Top of the Charts"
February 13, 2024
Based on the most recent available national data, New York and its localities are at the top of the chart in taxes and are #2 in spending.
Press Release
CBC News
CBC Releases "Don’t Step Off the Cliff"
February 08, 2024
CBC’s “Don’t Step Off the Cliff” reveals that fiscal year 2025 planned spending is $3.6 billion short of what would be needed to fund the current level of programs and expenses.
Op Ed
City Budget
Taking Control of New York’s Budgetary Future
Vital City
January 25, 2024
Budget season kicked off with an Albany-New York City doubleheader last week, with brightening skies in both places thanks to proactive efforts to cut costs (especially in the city) and a resilient economy that is bringing in higher-than-projected tax receipts.
Press Release
CBC News
CBC Releases "Facing Tough Challenges: What to Look for in New York State's Fiscal Year 2025 Budget
January 11, 2024
CBC’s “What to Look for...” zeroes in on the important questions whose answers will reveal if the proposal is righting the fiscal ship and dealing with the pressing policy issues key to New York’s stable and competitive future.
Press Release
CBC News
CBC Releases "Unpacking the PEG: Examining the Impact of the NYC November 2023 Financial Plan Savings"
January 10, 2024
Mayor Eric Adams latest round of spending reductions only moderately affects direct services to New Yorkers and chips away at the City’s massive and still-troubling budget gaps.
Op Ed
City Budget
A Big Budget Briefing for Eric Adams
New York Daily News
November 16, 2021
Upon getting elected, Mayor-elect Eric Adams vowed to “get stuff done.” Adams’ focus on delivering core services and managing the budget is exactly right.
Press Release
CBC News
CBC Awards Prize for Public Service Excellence to NYC’S Vaccine Command Center
Annual Prize Celebrates Government Achievement
October 12, 2021
Awards Ceremony, including presenting the Medal for High Civic Service to U.S. Secretary of Transportation Pete Buttigieg and Felix G. Rohatyn Award to Former Deputy Mayor Alair Townsend, to be Streamed Live Tonight from 6:00 p.m. to 7:00 p.m. via Zoom
Op Ed
State Budget
Our New Governor’s Budget-Balancing Act
New York Daily News
September 01, 2021
Tackling these crises requires swift action. It is encouraging to hear Hochul emphasize performance and transparency. Her next step should be to convert those pledges into action.
Op Ed
State Budget
Enough waiting for transparency
Albany Times Union
May 15, 2021
Ten years ago this week, Governor Andrew Cuomo’s Spending and Government Efficiency (SAGE) Commission opened a portal for New Yorkers to “suggest ways to improve the efficiency and quality of government services.”
Press Release
CBC News
Watchdog Groups Urge Senate and Assembly to Pass “Database of Deals” Transparency Law
May 11, 2021
The ESD Database of Economic Incentives includes only a fraction of State subsidies to businesses and does not contain crucial basic information.
Op Ed
Public Workforce
Early Retirement Incentives for City Workers Is Foolhardy and Expensive
Crain’s New York Business
April 15, 2021
New York state has just authorized New York City to offer most civilian employees an incentive to retire early. The city should flatly reject this opportunity.
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.