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Statement
Economic Development
Statement Regarding the New York State Joint Legislative Budget Hearing on Economic Development
February 16, 2022
Without improvements in the State’s allocation decisions, oversight and reporting, and evaluation, New Yorkers are unlikely to get the value and economic impact they deserve.
Statement
State Budget
Statement Regarding the New York State Joint Legislative Budget Hearing on Transportation
February 15, 2022
The Fiscal Year 2023 Executive Budget includes new and increased funding for State and local transportation infrastructure, including projects to improve the state of good repair of roads and bridges, redesign and restructure highways and bridges, and increase support for regional transportation authorities.
Podcast episode
State Budget
$216 billion, with Governor Kathy Hochul
February 11, 2022
$216 billion is the size of New York State fiscal year 2023 budget proposed by Governor Kathy Hochul. The proposed spending plan is balanced over five years and makes significant deposits to reserves, but also maintains high taxes and accelerates State spending growth. At an event with CBC Trustees, Governor Hochul and CBC President Andrew Rein discussed the continued improvement of the State's fiscal outlook, budget negotiations, priorities for COVID recovery, the MTA and more.
Statement
Housing
Statement in Regard to the New York State Joint Legislative Budget Hearing on Housing
January 31, 2022
We are pleased that the Governor’s Fiscal Year 2023 Executive Budget included several proposals to encourage the production of more housing.
Podcast episode
Transportation
2026, with MTA Chair & CEO Janno Lieber
January 30, 2022
2026 is the year the MTA will likely have spent all of its one-time COVID-19 federal aid, and when the MTA will have to address the estimated $2.5 billion annual structural operating deficit which that aid is now covering. At an event with CBC Trustees, MTA Chair and CEO Janno Lieber and President Andrew Rein sat down for a fireside chat to discuss this and a range of other issues including ridership and the ridership experience, the newly proposed Interborough Express and other infrastructure and state of good repair needs, and how labor and management collaboration is critical to closing the operating budget gaps.
Statement
State Budget
Statement on the NYS Executive Budget for Fiscal Year 2023
January 18, 2022
Governor Hochul today proposed her Fiscal Year 2023 Executive Budget amidst continued strong receipts, New Yorkers’ significant needs, and ongoing economic uncertainty.
Statement
State Budget
CBC Statement on Governor Hochul's 2022 State of the State Address
January 05, 2022
In her first State of the State address today, Governor Kathy Hochul laid out an expansive recovery and policy agenda, and presaged elements of the budget she will release by January 18th.
Podcast episode
City Budget
8, with Emma Wolfe
December 16, 2021
8 is the number of years Bill de Blasio has been Mayor of New York City. Joining the podcast to look back on those years is Emma Wolfe, Chief of Staff and Deputy Mayor for Administration. Emma has been a top staff member and strategist for Bill de Blasio since 2010, starting as Chief of Staff when he was elected Public Advocate, and has been involved with nearly every mayoral initiative and decision of his administration.
Statement
City Budget
CBC Statement on NYC’s November 2021 Financial Plan for Fiscal Years 2022 to 2025
November 30, 2021
While the plan reduces the budget gaps to $2.9 billion for next year, $2.7 billion in fiscal year 2024, and $2.1 billion in fiscal year 2025, in reality the gaps are about $750 million higher annually because the plan includes illusionary labor and attrition savings.
Podcast episode
City Budget
47, with NYC Comptroller-Elect Brad Lander
November 19, 2021
47 is the number of people who will have held the office of NYC Comptroller once Brad Lander is sworn in on January 1, 2022. At a breakfast with CBC Trustees, President Andrew Rein sat down for a wide-ranging conversation with the Comptroller-elect, covering subjects including risks to New York’s budget, contracting reform, rezoning, and the need to fix the property tax system.
Podcast episode
CBC News
89, with Secretary Pete Buttigieg
October 21, 2021
89 is the number of years since CBC's founding in 1932, which also makes the annual gala held on October 12, 2021 the 89th Annual Awards Dinner.This year’s Medal for High Civic Service winner was Department of Transportation Secretary Pete Buttigieg. CBC was fortunate to have Governor Kathy Hochul welcome Secretary Buttigieg and talk with him about public service and issues facing New York State. After their discussion, Secretary Pete delivered remarks on efforts underway to rebuild our nations and regions infrastructure, and he generously spent some time answering CBC Trustees questions.
A very short portion of the audio was edited.
Statement
State Budget
Statement on the Release of New York State’s Financial Plan “July Update”
September 15, 2021
This morning, New York State released its long-awaited First Quarter Financial Plan Update.
Podcast episode
Economic Development
$150 million, with Alicia Glen
July 23, 2021
$150 million is the amount of capital funding NYC has committed toward the creation of a Center for Climate Solutions on Governors Island. Joining the podcast to discuss this and other plans for Governors Island is Alicia Glen, Chair of the Trust of Governors Island and the former Deputy Mayor for Housing and Economic Development.
Podcast episode
City Budget
$103.3 billion, with Comptroller Scott Stringer
July 09, 2021
$103.3 billion is the total amount of spending authorized by the City Council for Fiscal Year 2022. While officials call it a budget of $98.3 billion, the larger figure reflects the full amount to be expended, including $6 billion available from the prior year due to higher than expected tax receipts and federal aid. Joining the podcast to discuss the adopted budget is NYC Comptroller Scott Stringer.
Statement
City Budget
Statement on the NYC Adopted Budget for Fiscal Year 2022
June 30, 2021
Despite fiscal year 2021 tax revenues being $2.1 billion more than previously expected and $15 billion in additional federal aid, the budget hamstrings the next Administration with sizable future budget gaps.
Podcast episode
State Budget
$209 billion, with State Senator Liz Krueger, E.J. McMahon, and Patrick Orecki
June 30, 2021
$209 billion is the total spending in New York State's Enacted Budget for Fiscal Year 2022. Six months ago, New York State was staring down a four-year revenue shortfall totaling $60 billion—however, revenues have strengthened and the federal government passed a stimulus bill that includes what may be the largest state and local government relief program in history. Still, the State decided to raise taxes, boost education aid, and fund a host of economic recovery programs. Joining the podcast are three guests to discuss what this means for the State's fiscal future: State Senator Liz Krueger, Senior Fellow at the Empire Center and Adjunct Fellow at the Manhattan Institute E.J. McMahon, and CBC's Director of State Studies Patrick Orecki.
Podcast episode
City Budget
$250 billion, CBC's Comptroller Candidate Forum
May 07, 2021
$250 billion—the assets held by the five pensions funds for which the New York City Comptroller is custodian, administrator, and investment advisor. But that's not the Comptroller's only responsibility. On today's special episode of "What's the [DATA] Point?" with an introduction from Ben and Andrew, listeners will hear CBC's "Comptroller Candidate Forum: Accountability, Not Just Accounting," which featured 13-minute conversations with each of six candidates: Brad Lander, Zach Iscol, Brian Benjamin, Michelle Caruso, Cabrera, Corey Johnson, and David Weprin. Each candidate shared how they plan to use the powers of the NYC Comptroller to serve the people of New York.
Podcast episode
Education
270,00, with Chancellor Félix V. Matos Rodríguez
April 29, 2021
270,000—the number of two-year, four-year, and graduate degree seeking students enrolled in the City University of New York (CUNY). For generations CUNY has been an engine of economic mobility. With New York City sitting at the inflection point between the pandemic-driven recession and its recovery, CUNY will play a key role in preparing students and workers for, and linking them to, new opportunities in a changing economy. CUNY Chancellor Félix V. Matos Rodríguez joined the podcast to discuss the pandemic's impact on CUNY, his efforts to partner with the private sector to open career opportunities for students and to bolster CUNY's finances, and how City, State, and federal budget decisions and proposals may stabilize CUNY in the future.
Statement
City Budget
Statement on the NYC Executive Budget for Fiscal Year 2022
April 26, 2021
The Executive Budget for Fiscal Year 2022 includes some commendable components but essentially fails to leverage the historic opportunity enabled by federal aid, state education support, and higher tax revenue to both provide essential services now and stabilize the City’s fiscal future
Podcast episode
Health Care
Episode 105: 21,200, with Stephen Berger and Dr. Mitchell Katz
April 06, 2021
21,200 is the total number of inpatient hospital beds in New York State—approximately 2.5 beds for every 1,000 people. The pandemic has brought a significant attention to New York's health care system, and some have called for greater hospital capacity to help New York be better prepared for the future. Joining the podcast are two of New York's leading health care experts: Stephen Berger, who was Chairman of the New York State Commission on Health Care Facilities in the 21st Century, and Dr. Mitchell Katz, President and CEO of NYC Health + Hospitals.