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Report
Transportation
What to Look for in the MTA’s November 2023 Financial Plan
November 27, 2023
While the budget outlook is positive, caution is warranted. The MTA and stakeholders should closely monitor ongoing results because certain risks threaten its projected revenue and expenses.
Testimony
Transportation
Public Comment on the MTA’s Twenty-Year Needs Assessment for 2025-2044
Submitted to the Metropolitan Transportation Authority
October 25, 2023
As it stands, the public does not have a clue how much it would cost over the next five years to begin bringing the system to adequate condition.
Testimony
Energy & Environment
Comment on the Second Set of Proposed Rules for Local Law 97
Submitted to the New York City Department of Buildings
October 24, 2023
CBC has long advocated to incentivize cost-effective compliance paths that prioritize emissions reduction over merely paying the fines.
Testimony
Housing
Testimony on the New York City Housing Authority’s 2023 Physical Needs Assessment
Submitted to the New York City Council Committee on Public Housing
September 22, 2023
NYCHA’s PNA provides the information needed to identify what has happened to NYCHA’s housing stock over the past five years and to help plan for its future.
Report
Transportation
Needs and Wants
What to Look for in the MTA's Twenty-Year Needs Assessment
September 21, 2023
Based on analysis of past needs assessments, this report recommends how the MTA should improve its forthcoming Twenty-Year Needs Assessment.
Report
Education
The Learning Ledger
NYS School Aid Continues to Rise in the 2023-24 School Year
September 06, 2023
New York State’s school aid increases 8.8 percent this year, largely driven by the final year of three-year phase-in of Foundation Aid.
Testimony
Transportation
Testimony on Congestion Pricing and the MTA's Fiscal Health
Submitted to the New York City Council Committee on Transportation and Infrastructure
August 17, 2023
As long-time supporters of congestion pricing, we are pleased that the MTA has secured federal approval and moved into the implementation phase.
Testimony
Transportation
Public Comment on Proposed Changes to the Metropolitan Transportation Authority’s Fares and Tolls
Submitted to the Metropolitan Transportation Authority
June 22, 2023
We support the proposed increase in fares and tolls since it is essential for the MTA’s fiscal health and wholly appropriate for riders and drivers to pay a reasonable portion of costs.
Report
Housing
Uncertain Future, Urgent Priority:
Fix NYCHA's Operating Budget Now
May 19, 2023
rapidly rising costs and flagging rent collections have combined to widen budget gaps, leaving NYCHA increasingly reliant on City subsidies and other non-operating resources to fund its basic operations.
Report
Education
School Spending, Enrollment, and Fiscal Cliffs 101:
The NYC Department of Education Budget Before, During, and After the Pandemic
April 11, 2023
Decisions about the DOE’s budget should consider enrollment declines and the City’s precarious fiscal condition.
Testimony
Education
Testimony on the NYC Department of Education and the City’s FY 2024 Preliminary Budget
Submitted to the New York City Council Committee on Education
March 15, 2023
Understanding the DOE’s budget and spending trends prior to and throughout the pandemic, and the implications for fiscal year 2024 and beyond, is vital to determine how much of the City’s resources should be allocated to the DOE going forward.
Testimony
Housing
Testimony on the New York City Housing Authority and the City's Preliminary Fiscal Year 2024 Budget
New York City Council Committee on Public Housing
March 13, 2023
To balance its budget and fund its basic operations, NYCHA was increasingly reliant on City subsidies and non-recurring funding sources.
Testimony
Transportation
Testimony on the State Plan to Address the Metropolitan Transportation Authority's Financial Crisis
Submitted to the New York State Senate Standing Committee on Corporations, Authorities and Commissions and the Standing Committee on Transportation
March 03, 2023
The fiscal stability of the MTA is of paramount importance to the region and the State.
Testimony
Housing
Testimony on the Residential Conversion of Commercial Buildings
Submitted to the New York City Council Committee on Land Use
February 28, 2023
Even though New York City’s economy and real estate market are both much stronger today than they were in the early 1990s, the history of 421-g remains relevant.
Testimony
Public Workforce
Testimony on the New York City Health Insurance for Employees and Retirees
Submitted to the New York City Council Committee on Civil Service and Labor
January 09, 2023
With health insurance costs budgeted to increase at a rate of 8.5 percent between fiscal years 2023 and 2026, efforts to restrain the City’s costs are critical.
Testimony
Transportation
Testimony on the MTA’s Access-A-Ride Program
December 18, 2019
The City should work with the MTA to assure that Access-A-Ride will achieve firm financial footing while providing a cost-effective and efficient service.
Report
Health Care
A New Approach to Funding New York City Health + Hospitals
December 16, 2019
This report analyzes the system’s finances, compares H+H to other providers in the City, and outlines options to right-size the City subsidy and improve H+H's fiscal future.
Press Release
Health Care
CBC Report Finds NYC H+H Recovered Only 54 Percent of Associated Patient Care Costs from Insurers
Compared to 85 Percent for Safety Net Hospitals
December 16, 2019
Majority of H+H Deficit was due to low revenue for care to Medicaid patients, not uncompensated care for the uninsured.
Testimony
Taxes
Comments on New York City Property Tax Reform
December 04, 2019
The balancing act facing legislators as they consider proposals to reform the property tax is how to increase equity, fairness, and transparency, while maintaining fiscal stability and reliability.
Testimony
Education
Testimony on the Distribution of the Foundation Aid Formula as it Relates to Pupil and District Needs
December 03, 2019
Despite significant increases in state aid and local revenues, not all districts have the resources to provide a sound basic education, and some wealthy districts have more than needed.