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Op Ed
City Budget
City budget crunch time means tough decisions — not more taxes
New York Post
December 20, 2023
Under every published projection, even after the mayor’s latest Program to Eliminate the Gap, New York City still faces a budget shortfall next year.
Press Release
CBC News
CBC Releases "Keys to a Cap-and-Invest Design That’s Earth- and Economy-Focused"
November 28, 2023
New York’s forthcoming Cap-and-Invest program provides a critical opportunity: to cost effectively reduce greenhouse gas emissions and help meet the State’s goal of reducing emissions by 85 percent by 2050
Report
Energy & Environment
Keys to a Cap-and-Invest Design That’s Earth- and Economy-Focused
Recommendations for a Cost-Effective Program to Meet New York's Ambitious Climate Goals
November 28, 2023
While NYCI provides a great opportunity to reduce emissions in a cost-effective manner and fund critical investments strategically, its success depends on it being well designed and implemented.
Press Release
CBC News
CBC Releases "What to Look for in the MTA’s November 2023 Financial Plan"
November 27, 2023
The MTA is expected to release its November 2023 Financial Plan shortly. The overall budget outlook is positive. Still, caution is warranted.
Report
Transportation
What to Look for in the MTA’s November 2023 Financial Plan
November 27, 2023
While the budget outlook is positive, caution is warranted. The MTA and stakeholders should closely monitor ongoing results because certain risks threaten its projected revenue and expenses.
Report
State Budget
The Mid-Year Check-in
Six Takeaways from the NYS Financial Plan Update and Quick Start Budget Report
November 20, 2023
The fiscal news of the last three weeks makes one thing clear: This year’s budget process will be unlike those of recent years.
Press Release
CBC News
CBC Releases "What to Look for in the New York City November 2023 Financial Plan"
November 14, 2023
CBC’s What to Look For finds that fiscal year 2024 now has a budget gap of $839 million.
Report
City Budget
What to Look for in the New York City November 2023 Financial Plan
November 14, 2023
When New York City adopted its fiscal year 2024 budget in June 2023 without addressing underlying structural imbalances, it virtually guaranteed that major fiscal challenges remained on the horizon.
Press Release
CBC News
CBC's Op-Ed "New York Is Teetering on a Fiscal Cliff"
November 08, 2023
It's time to sound the alarm on the City's looming budget gaps.
Op Ed
City Budget
New York Is Teetering on a Fiscal Cliff
Crain’s New York Business
November 07, 2023
Fiscal stability underpins the city’s ability to provide core services to New Yorkers and is fundamental for economic growth.
Op Ed
State Budget
State budget gaps are coming. The time to address them is now.
Albany Times Union
October 20, 2023
With temporary funding boosts petering out, New York must curtail spending growth to head off painful cuts later.
Press Release
CBC News
CBC Launches NYC Resident Survey
Survey invites New Yorkers to rate municipal services and the quality of their neighborhood and city
September 26, 2023
CBC today announced the launch of the NYC Resident Survey, a rare opportunity for New Yorkers to provide independent, statistically valid feedback about the City’s services and the quality of life in their neighborhood and the city.
Press Release
CBC News
CBC Submits "Testimony on the New York City Housing Authority’s 2023 Physical Needs Assessment"
September 22, 2023
NYCHA’s PNA provides the information needed to identify what has happened to NYCHA’s housing stock over the past five years and to help plan for its future.
Press Release
CBC News
CBC Releases "Needs and Wants: What to Look for in the MTA's Twenty-Year Needs Assessment"
September 21, 2023
CBC's new report recommends five ways the MTA can ensure its upcoming Twenty-Year Needs Assessment (TYNA) includes the information that the public, policymakers, and MTA leadership need.
Report
Transportation
Needs and Wants
What to Look for in the MTA's Twenty-Year Needs Assessment
September 21, 2023
Based on analysis of past needs assessments, this report recommends how the MTA should improve its forthcoming Twenty-Year Needs Assessment.
Press Release
CBC News
CBC Releases "The Learning Ledger: NYS School Aid Continues to Rise in the 2023-24 School Year"
September 06, 2023
CBC’s new report reveals that New York State’s school aid increases 8.8 percent this year, despite the State’s massive future budget gaps.
Special Feature
Education
Mapping School Aid by District
School Year 2023-24
September 06, 2023
The series of maps below provide district-level data on the distribution of school spending, State school aid, enrollment change, and other data for school year 2023-24.
Report
Education
The Learning Ledger
NYS School Aid Continues to Rise in the 2023-24 School Year
September 06, 2023
New York State’s school aid increases 8.8 percent this year, largely driven by the final year of three-year phase-in of Foundation Aid.
Press Release
CBC News
CBC Submits "Testimony on Congestion Pricing and the MTA's Fiscal Health
August 17, 2023
Congestion pricing revenues will provide critical funding for one-quarter of the MTA's 2020-2024 Capital Plan—resources that are essential to ensure progress toward a state of good repair for the region's transit system.
Press Release
CBC News
CBC Releases "5 Myths and Facts about the NYC FY 2024 Budget"
August 15, 2023
A lot has been said about the NYC's fiscal year 2024 budget—from its size to the cuts to its manageability—but these claims are not supported by the facts.