Search
Showing 21 - 40 of 98
Blog
City Budget
7 Facts about the Adams Administration’s Prior Savings Plans
April 12, 2023
CBC finds that 92 percent of the prior plans’ savings will have no effect on services since they come from eliminating underspending, re-estimating costs, savings on debt service, leveraging federal or other funding, and increasing efficiencies in ways designed to preserve services.
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
State Budget
Statement on New York State Fiscal Year 2024 Budget Delay
March 31, 2023
While critical policy issues are being hammered out, little if any attention appears directed to how billions of dollars of added unfunded programs will explode the State’s already significant structural budget gap.
Statement
State Budget
Statement on NYS Legislative Budget Proposals for Fiscal Year 2024
March 14, 2023
CBC has implored our State’s leaders to craft a budget that ensures fiscal stability and protects New Yorkers.
Blog
Economic Development
Shrink, Don’t Expand, the New York State Film Tax Credit
March 06, 2023
The current program already is overly generous compared to other states and should be phased out.
Blog
Housing
Building the Housing We Need
State Proposes Cost-Effective Strategies to Boost Production, Increase Affordability
March 01, 2023
Governor Kathy Hochul proposed a package of bills intended to double New York’s housing production rate to create 800,000 new units over the next decade.
Blog
Economic Development
No Extension without Evaluation
Reject Proposed Extension of Certain NYC Economic Development Tax Breaks Absent Appropriate Analysis
February 23, 2023
Prior evaluations found two of these programs to be ineffective; the bar to justify their extension should be appropriately higher.
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.
Blog
State Budget
Five Fast Facts About the New York State Fiscal Year 2024 Executive Budget
February 03, 2023
To start to unpack the fiscal drivers and implications, CBC starts with five fast facts.
Statement
State Budget
Statement on the NYS Executive Budget for Fiscal Year 2024
February 01, 2023
With a structural budget gap exceeding $12 billion annually, New York should focus on aligning spending with revenues, and should not create new fiscal cliffs.
Blog
State Budget
CBC’s New York State Budget Priorities
Fiscal Year 2024
January 30, 2023
Resources available in the near term should not cloud the State’s significant fiscal and economic risks, and the need to stay competitive for residents and businesses.
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.
Blog
City Budget
What to Look for in the NYC Fiscal Year 2024 Preliminary Budget
January 11, 2023
New York City’s mid-to-long-term outlook is precarious and acting now is key to long-term stability.
Statement
State Budget
Statement on Governor Hochul's 2023 State of the State Address
January 10, 2023
The State of the State presented an expansive menu. We now await the Executive Budget to see the bill.
Blog
State Budget
What to Look for in New York State’s New Year
January 09, 2023
The State enters a new Legislative session and a new gubernatorial term in less favorable fiscal condition than a year ago and with threatening economic headwinds.
Blog
Transportation
What to Look For in the MTA's November 2022 Budget Update
November 21, 2022
The MTA should seize the opportunity and runway created by federal aid to implement efficiency-focused operating reforms and restructure its long-term debt.
Statement
City Budget
Statement on NYC's November 2022 Financial Plan for Fiscal Years 2023 to 2026
November 15, 2022
The November 2022 Financial Plan demonstrates that New York City’s long-term fiscal outlook is precarious and worsening.
Blog
City Budget
What to Look for in the NYC November Modification
November 14, 2022
The modification is likely to be more substantial due to Mayor Eric Adams’ call for a Program to Eliminate the Gap, a rocky economy, and future gaps that could approach $10 billion.
Special Feature
Education
Mapping School Aid by District
School Year 2022-23
October 03, 2022
Series of maps on distribution of school aid in New York State.
Statement
City Budget
Statement on the NYC Program to Eliminate the Gap (PEG) for the November 2022 Financial Plan
September 12, 2022
This is a timely call that rightly focuses on increasing productivity to reduce recurring costs while preserving services that New Yorkers rely on.