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Letter
State Budget
CBC Urges Support of Procurement Reform Legislation in NYC
Extend Joint Bidding on Public Works Contracts and Authorize Alternative Project Delivery Methods
September 10, 2024
CBC has long supported procurement reforms that reduce construction costs and accelerate much needed public works and infrastructure projects.
Letter
State Budget
Watchdogs Urge Governor to Sign A10281/S9171 to Require Publication of Contracts Exempt from Oversight
A Letter to the Governor
August 27, 2024
This legislation is a commonsense transparency measure that would bring much needed sunlight to the State’s emergency spending.
Report
Education
Sustainably Supporting a Sound Basic Education
Part 2
August 14, 2024
Flaws in New York State’s school aid funding formulas stop the State from effectively distributing funds based on student need and local capacity.
Letter
Economic Development
CBC Urges Veto of ICAP Extension
S9822/A10530 Extends NYC's Industrial and Commercial Abatement Program Without First Evaluating Its Effectiveness
August 13, 2024
Alternatively, a one-year extension would allow time to evaluate ICAP's cost-effectiveness and identify beneficial eligibility and benefit changes
Video
City Budget
Briefing on the NYS and NYC Fiscal Year 2025 Budgets
July 30, 2024
CBC's Ana Champeny and Patrick Orecki delivered a briefing on the fiscal year 2025 budgets of New York State and New York City, including basic fiscal overviews and the risks facing the State and the City.
Report
Education
Sustainably Supporting a Sound Basic Education
Proposals to Reform NYS School Aid
July 16, 2024
While attention is primarily focused on Foundation Aid, which comprises nearly two-thirds of State school aid, effective resource allocation reform should address all funding streams.
Podcast episode
State Budget
$8.8 Trillion, with Adrienne Harris
June 27, 2024
$8.8 trillion is the total combined assets of the nearly 3,000 financial institutions that are regulated and supervised by the New York State Department of Financial Services (DFS). In addition to navigating serious banking crises in recent years, DFS faces challenges on the horizon: artificial intelligence, cyber security, and cryptocurrency, to name a few. Joining the podcast is DFS Superintendent Adrienne Harris, who shares with us the important work state leadership is doing to ensure a strong and secure financial services sector, while navigating this rapidly changing landscape.
Video
State Budget
Conversation with Adrienne Harris
Superintendent of the NYS Dept. of Financial Services
June 21, 2024
Since taking over at DFS, Superintendent Harris has overhauled the agency and taken decisive actions on a series of defining issues including virtual currency, cybersecurity, and consumer protection.Superintendent Harris is a former CBC New Leader.
Report
Education
Did You Know?
NYC Department of Education Edition
May 15, 2024
The New York City Executive Budget proposes to increase Department of Education (DOE) City-funded spending 10.2 percent, or $2.1 billion, in fiscal year 2025.
Letter
State Budget
Importance of Immediately Publishing Financial Plan Tables
A Letter to Governor Hochul
May 02, 2024
Weeks after announcing the budget agreement, New Yorkers still do not know most of the basics about how their money is being spent and the future implications of decisions made while enacting the budget.
Letter
State Budget
Publish Basic Financial Tables with Budget Agreement
A Letter to Governor Hochul, Senate Majority Leader Stewart-Cousins and Assembly Speaker Heastie
March 27, 2024
When the budget agreement is reached this year, we urge you to publish basic, multi-year financial plan tables along with the budget bills.
Podcast episode
State Budget
$233 billion, with Blake Washington
March 26, 2024
$233 billion is the total NYS budget proposed by Governor Hochul for fiscal year 2025. NYS Budget Director Blake Washington spoke with CBC President Andrew Rein on the State's fiscal picture and other pressing issues facing New York.
Report
State Budget
Up and Away
State Budget Proposals Miss the Mark and Compound Fiscal Problems
March 26, 2024
As New York State lawmakers negotiate the State’s Fiscal Year 2025 Enacted Budget, they risk adding unsustainable spending, driving growth above 6 percent a year, and widening the structural gap to $20.3 billion.
Letter
State Budget
Watchdog Groups Thank Legislative Leaders for Rejecting Extraordinary Powers in Exec Budget; Urge Them to Hold Firm
A Letter to Senate Majority Leader Stewart-Cousins and Assembly Speaker Heastie
March 25, 2024
We write to urge you to hold firm on rejecting the extraordinary budget powers during negotiations and ensure that they are omitted from the enacted budget.
Report
Education
Target and Tighten
The Sustainable Path for School Aid Growth in New York
March 13, 2024
The State’s burgeoning SOF spending has widened budget gaps. Spending restraint is needed to close those gaps, and that will only be accomplished by limiting growth in school aid, which is nearly 30 percent of SOF spending.
Report
State Budget
NYS Budget Outlook
Brighter Economy Has Not Closed Gaps; Focus Should Be Spending Restraint, with More Sunshine on Basic Breakouts
March 07, 2024
Continued strength in the economy has improved the tax receipts outlook for the State, but improving tax receipts are not and will not be the entire solution to closing out-year gaps.
Podcast episode
Education
$39.5 billion, with Chancellor David Banks and Emma Vadehra
March 05, 2024
$39.5 billion is spent by NYC annually to educate our students. The New York City Public Schools has an enormous and challenging task: educate and develop 900,000 students from a wide diversity of backgrounds and needs. Are we getting the return we need on our dollars? How are our students doing? NYC Schools Chancellor David Banks and Deputy Chancellor and Chief Operating Officer Emma Vadehra discuss.
Letter
State Budget
Watchdog Groups Urge Legislators to Publish Basic Financial Tables with One-House Proposals
February 26, 2024
We urge Legislators to publish basic, multi-year financial plan tables with their proposals to for the Fiscal Year 2024 Enacted Budget.
Report
State Budget
Excelsior!
New York State Spending Growth Continues
February 22, 2024
Forward-looking budget choices this year–namely not layering on further tax and spending increases–would relieve the building budget pressure and stave off a potentially harsh fiscal reckoning.
Letter
State Budget
Watchdog Groups Urge Legislators to Omit Extraordinary Budget Powers in One-House Proposals
A Letter to State Legislative Leaders
February 20, 2024
Reject proposal in Fiscal Year 2025 Executive Budget that gives the Governor extraordinary powers to spend and borrow unilaterally and without oversight by the Comptroller.