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Letter
Pensions & Benefits
CBC Urges Governor to Veto 20 Benefit Sweeteners
A Letter to the Governor
November 29, 2023
CBC urges you to veto S5027/A5208 and 19 other bills because they enhance benefits and increase costs to New York State and local governments.
Letter
Capital Spending
CBC Urges Governor to Sign S199B/A4010B to Improve Capital Planning
A Letter to the Governor
December 13, 2021
CBC recommends that you sign S199B/A4010B, which would improve capital planning and reporting for transportation infrastructure in New York State.
Testimony
Housing
Testimony on NYCHA’s Capital Spending of City Funds
Submitted to the City Council Committee on Public Housing and Subcommittee on Capital Budget
November 18, 2021
I will focus on two topics: first, how additional City capital funding and new policy approaches are helping to address NYCHA’s capital needs, and second, the process and procurement reforms needed to ensure that NYCHA spends all—not just City—capital dollars effectively and efficiently.
Testimony
City Budget
Testimony on Oversight of Changes to Municipal Retirees’ Health Care Plan
Testimony before the City Council Committee on Civil Service and Labor
October 28, 2021
This agreement starts right and then veers off course to miss the finish line because the resulting savings do not flow to the City’s bottom line.
Letter
Pensions & Benefits
CBC Urges Veto of 21 Benefit Sweeteners
A Letter to the Governor
October 04, 2021
CBC urges you to veto S4719A/A1414A, as well as 20 other bills when they are delivered to you.
Testimony
City Budget
Testimony on Comprehensive Long-Term Planning (Intro. 2186)
Submitted to the New York City Council
February 23, 2021
Intro. 2186 proposes a new comprehensive planning framework that would reform the City’s land use and capital planning process.
Report
Pensions & Benefits
An Expensive and Risky Benefit
How Low Interest Rates Cost New York City Taxpayers $1.2 Billion Annually
October 05, 2016
A unique feature of a tax deferred compensation plan available to NYC teachers guarantees them a 7% investment return regardless of what happens to interest rates or in the stock market.
Video
Capital Spending
DASNY President & CEO Dr. Gerrard Bushell
CBC Breakfast Series
September 22, 2016
CBC Breakfast with DASNY President & CEO Dr. Gerrard Bushell in September 2016.
Blog
Capital Spending
Agency Focus: DASNY
Budget Analysis
August 01, 2016
The Dormitory Authority of the State of New York (DASNY) manages construction of buildings and provides low-cost financing for public and nonprofit institutions.
Blog
City Budget
The “20-20-20-20” Dilemma: Legacy Costs in the New York City Budget
July 22, 2016
A giant slice of the New York City budget pays for costs that are the legacy of commitments made in the past: debt service, pensions, and retiree health insurance. These legacy costs already exceed 20 percent of the budget and will expand by 20 percent to more than $20 billion in annual spending by fiscal year 2020.
Video
Capital Spending
The Trouble with Megaprojects
Tony Guida's NY: Maria Doulis
June 01, 2016
Tony Guida sits down with the CBC's Vice President, Maria Doulis, to discuss why New York City's mega-projects run over budget and how the public sector can build better.
Blog
Pensions & Benefits
Legislature Introduces Even More Benefit Sweeteners
May 18, 2016
The State Legislature has introduced 8 new bills to enhance the benefits of State and local public employees and retirees in the 2016 session.
Blog
Pensions & Benefits
2016 Benefit Sweetener Scorecard
May 02, 2016
The Citizens Budget Commission’s 2016 Benefit Sweetener Scorecard identifies more than 60 such bills active this session. These bills could cost the State and local governments hundreds of millions of dollars per year, and since about half the bills do not specify a fiscal impact, the potential costs could be significantly greater.
Blog
State Budget
Pass Governor’s Proposal to Reform State Retiree Health Insurance Benefits
March 13, 2016
State of New York retirees with more than 10 years of service receive health insurance benefits substantially more generous than those offered by private sector and most public sector employers. Governor Andrew Cuomo’s Executive Budget for FY2017 includes a fair proposal to reduce these growing costs, and the Legislature should adopt it.
Testimony
Pensions & Benefits
Testimony on Health Care Savings Under Recent Collective Bargaining Agreements
Delivered to NYC Council Committees on Finance and Civil Service
February 26, 2016
CBC has been monitoring New York City's efforts to find health savings. CBC has long advocated negotiating changes to health insurance as part of collective bargaining and applauded the labor-management agreement that committed to meet annual savings targets.
Letter
State Budget
Recommendations on the FY 2017 Executive Budget
February 25, 2016
CBC offers recommendations for legislative action on the Governor’s Executive Budget for fiscal year 2017. The recommendations cover four proposals that deserve support, five proposals that should be modified, and four proposals that should be rejected.
Blog
Capital Spending
Design-Build Contracting
A Way to Fix More Bridges for Less Money
February 17, 2016
State legislators should enable New York City to benefit from design-build contracting: if it realized savings on par with the State’s experience, the City could save $2 billion over 10 years.
Report
Pensions & Benefits
Out of Balance
A Comparison of Public and Private Employee Benefits in New York City
December 16, 2009
The CBC and the Partnership for New York City surveyed large private firms in New York City to provide a basis for comparing the health insurance and pension benefits of private sector workers with those of municipal employees.
Testimony
Transportation
Testimony on 2010 MTA Capital Plan
Delivered to State Senate Standing Committees
December 03, 2009
Testimony before the New York State Senate Standing Committees on Corporations, Authorities and Commissions and Investigations and Government Operations on the MTA's 2010-2014 capital plan.
Testimony
Transportation
Testimony on Challenges Facing the MTA
Submitted to Senate Finance Committee
September 03, 2009
Testimony of CBC President Carol Kellermann to the New York State Senate Finance Committee regarding the critical challenges that will face the MTA in the coming years, including balancing the MTA's operating budget, financing new capital investments, and planning and implementing capital projects.