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Statement
City Budget
Statement on the New York City November 2023 Financial Plan
November 16, 2023
While the City’s November update delivers some needed savings through the first round of budget reductions, much more needs to be done to close the massive remaining gaps and stave off a fiscal reckoning.
Statement
City Budget
Statement on NYC's FY 2024 November Plan PEG Directive
September 10, 2023
Mayor Eric Adams is taking the right step right now, directing agencies to propose 5 percent budget savings.
Statement
City Budget
Statement on New York City Fiscal Year 2024 Budget Agreement
June 29, 2023
The City’s leaders announced a fiscal year 2024 budget agreement that will please many stakeholders—for the next year.
Statement
CBC News
Statement on the Passing of Richard Ravitch
June 26, 2023
Dick Ravitch was a giant of our City, a true leader, an indefatigable advocate, a friend, and an inspiration.
Statement
City Budget
Statement on the New York City Fiscal Year 2024 Executive Budget
April 26, 2023
The Executive Budget lays bare the stark and potentially dark fiscal reality facing New York City.
Statement
City Budget
Statement on NYC's FY 2024 Executive Budget PEG Directive
April 04, 2023
The City is right to initiate a PEG—a Program to Eliminate the Gap—for the Executive Budget. This action is timely, if not overdue.
Statement
Public Workforce
Statement on the New York City–District Council 37 Tentative Contract Agreement
February 17, 2023
The tentative contract announced today provides raises that are very reasonable given recent and anticipated inflation. The great challenge is how the City will pay for them.
Statement
City Budget
Statement on the New York City Fiscal Year 2024 Preliminary Budget
January 12, 2023
Much more aggressive action is needed to stabilize future budgets, hedge against a looming recession, and improve the quality and efficiency of services.
Statement
City Budget
Statement from CBC Praising Historic Vote to Protect New York City's Finances
November 06, 2019
New Yorkers approve charter amendment to create a Rainy Day Fund
Statement
City Budget
CBC Urges New Yorkers to Vote Yes on Ballot Question #4
October 15, 2019
CBC President Andrew Rein issued this statement on the 2019 New York City Charter Revision Commission’s Ballot Question 4 on the New York City Budge
Statement
CBC News
CBC Appoints Denise Richardson Vice President for Research
July 15, 2019
Denise’s deep policy knowledge and decades of experience will build on CBC’s long history of excellence.
Statement
City Budget
Statement on the NYC Fiscal Year 2020 Adopted Budget
June 14, 2019
The FY 2020 Adopted Budget agreement increases savings and reserves; unfortunately, new spending commitments are greater than deposits to the City’s reserves.
Statement
City Budget
Statement on the NYC FY 2020 Executive Budget
April 25, 2019
Mayor de Blasio’s stay-the-course budget does not take the steps needed to preserve services or forestall tax increases in the eventual hard times.
Statement
City Budget
Statement on NYC Preliminary Budget FY 2020
February 07, 2019
In this uncertain economic environment, Mayor Bill de Blasio is right to urge caution and has announced the first Program to Eliminate the Gap (PEG) of his administration to be implemented in the Executive Budget. But for now, the City of New York Preliminary Budget Fiscal Year 2020 shows modest restraint in spending growth.