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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.
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.
Letter
City Budget
Letter to Mayor and Speaker on FY 2024 Budget Adoption
Recommendations to Budget Realistically and Stabilize Finances
June 26, 2023
CBC urges you to adopt a fiscal year 2024 budget that not only provides critical services to New Yorkers in the upcoming year but stabilizes the City’s precarious fiscal and service outlook.
Op Ed
City Budget
Smart Savings Are Needed Now in the City Budget
New York Daily News
April 24, 2023
Ignoring six sobering realities, the critics ignore the call to smartly restrain spending growth, improve management, and speed hiring.
Op Ed
Economic Development
The Smart Money on Amazon
Strengths and weaknesses in the Long Island City deal
November 23, 2018
As New Yorkers search for Black Friday deals, including on Amazon, we are also scrutinizing the deal offered to the retail giant to come to Long Island City.
Special Feature
City Budget
Average Pay at the 15 Largest New York City Agencies
FY 2018
October 25, 2018
How much do New York City employees earn in pay each year?
Op Ed
Housing
In Need of Partners
Affordability Gap Too Large for New York City to Cover Alone
October 17, 2018
The City's committment to create and preserve affordable housing units and make critical repairs at NYCHA is unprecedented. But can this effort address affordability for all rent-burdened New Yorkers?
Special Feature
City Budget
NYC Money Meter
September 24, 2018
Spending and performance data. Side by Side.
Op Ed
Pensions & Benefits
Pension sweeteners a bitter prospect for New York City
New York Daily News
June 15, 2018
The City Council adopted a budget for fiscal year 2019 that totals almost $90 billion. Almost $10 billion will be devoted to pensions for public employees, and the amount is projected to grow. And yet, for some, this is not enough.
Special Feature
City Budget
Citywide Savings Program
A program knocked down a PEG
May 21, 2018
Mayor de Blasio’s savings plan relies heavily on re-estimates, shifting costs to state and federal funding sources, and debt service savings.
Op Ed
City Budget
Forcing budget discipline on big spender Bill
New York Daily News
May 02, 2018
Last week, Mayor de Blasio released an executive budget detailing $90.8 billion in spending in fiscal year 2019.
Op Ed
City Budget
How New York City Can Afford Fair Fares
Slowing the growth of the city’s workforce would provide the needed savings
April 16, 2018
The Fair Fares proposal can be accommodated within the city budget by exercising greater restraint in hiring and more aggressively tackling inefficiencies in its operations.
Letter
Taxes
Significant Impacts the Tax Cuts and Jobs Act on the Residents and Revenues of New York City
Letter to Mayor de Blasio
March 20, 2018
I write to convey the Citizens Budget Commission’s findings about the significant impacts the Tax Cuts and Jobs Act (TCJA) will have on the residents and revenues of New York City and New York State and recommended steps needed to address these problems.
Special Feature
City Budget
New York City’s Preliminary Budget Gap-Closing Programs
Fiscal Years 1983-2019
February 07, 2018
How does Mayor de Blasio's Citywide Savings Program stack up against PEGs of the past?
Letter
City Budget
Letter to the FCB on GASB 49 Requirements
Submitted to the Financial Control Board
April 29, 2008
Any deferral from meeting GASB 49 standards on pollution remediation should be limited to one year.