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Statement
State Budget
Statement on the NYS FY2019 Budget
March 31, 2018
The budget gap will be closed using short-term measures instead of restraint in and reform of spending commitments.
Press Release
City Budget
CBC Recommends Budget Strategies for Mayor de Blasio's Second Term
January 26, 2018
In order to reach, and then sustain, budget stability in the Mayor’s second term, the budget should contain spending growth; build reserves; reduce the size of the capital plan and the cost of capital projects; and strengthen finances at NYCHA and NYC H+H.
Report
Economic Development
Economic Development Scorecard
2018 New York State Bill Tracker
April 26, 2018
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.
Report
Health Care
Still a Poor Way to Pay for Medicaid
October 01, 2018
For more than 50 years New York State has financed its Medicaid program in a unique way: the State requires New York City and the 57 other counties to pay more for Medicaid than all other local governments in the nation combined.
Blog
Housing
NYCHA's Untapped Assets
How NYCHA Can Maximize the Value of Infill Development
October 02, 2018
CBC illustrates how changes to an "infill" development project’s location or affordability mix can significantly affect revenue and units rehabilitated at NYCHA.
Blog
State Budget
The State Budget Cap Has Lost Its Meaning
May 29, 2018
Keeping with Albany tradition, the state's leaders adopted the budget on the final day of last fiscal year in the wee hours of the morning with little debate and no transparency, once again proclaiming the budget complies with a 2 percent growth cap.
Report
Housing
NYCHA’s Operating Outlook
More Uncertainty Amid Pandemic and Repair Needs
February 03, 2021
While one-time federal aid helped NYCHA cover its COVID costs in 2020, the outlook for 2021 depends on how NYCHA manages challenges it already faces.
Press Release
Housing
CBC Recommends Immediate and Dramatic Changes to Address NYCHA's $32 Billion Capital Needs
July 03, 2018
"Stabilizing the Foundations" is a comprehensive report that details the causes of NYCHA's massive capital needs and presents recommendations that should be adopted to improve tenants' quality of life.
Op Ed
Education
New York keeps shortchanging poor students
And Cuomo’s Foundation Aid formula will do little to fix it
March 19, 2018
Fixing the existing Foundation Aid formula would allow the state to fully fund a sound basic education with current resources.
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.
Video
CBC News
Managing NYC’s Fiscal Crisis
A CBC Mayoral Candidate Forum
February 25, 2021
Managing the City’s fiscal crisis well will be a critically important duty of the next Mayor and a primary determinant of how the city survives the current crisis, and ultimately thrives in the future.Managing NYC’s Fiscal Crisis: A CBC Mayoral Candidate Forum featured a 10-minute conversation with each candidate, in succession, and allowed them to explain their specific plans to manage the crisis, answered targeted questions from CBC on the fiscal feasibility and implications of their proposals, and identified positions on key issues in a lightening round.
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.
Press Release
State Budget
CBC Recommends Strategies to Mitigate Federal Tax Law Threat to New York's Competitiveness and New Yorkers
March 19, 2018
The CBC released a comprehensive report detailing the massive impacts the Tax Cuts and Jobs Act will have on the residents and revenues of New York State, as well as the steps needed to address these problems.
Statement
State Budget
Statement on NYS Executive Budget for FY2019
January 17, 2018
The overall approach is to use short-term fixes that do not address the long-term structural problem of spending outpacing revenues.
Op Ed
City Budget
A Big Budget Briefing for Eric Adams
New York Daily News
November 16, 2021
Upon getting elected, Mayor-elect Eric Adams vowed to “get stuff done.” Adams’ focus on delivering core services and managing the budget is exactly right.
Op Ed
State Budget
Our New Governor’s Budget-Balancing Act
New York Daily News
September 01, 2021
Tackling these crises requires swift action. It is encouraging to hear Hochul emphasize performance and transparency. Her next step should be to convert those pledges into action.
Op Ed
City Budget
Fed aid is a bridge; stable shore needed: American Rescue Plan good for NYC only if used prudently
New York Daily News
March 13, 2021
The American Rescue Plan will not only provide tremendous support to individuals, families, businesses and organizations, but can be a game-changer for New York state and city government. Success, however, is far from guaranteed.
Report
Housing
Think Your Rent Is High?
Documenting New York City’s Severest Rent Burdens
October 11, 2018
Housing affordability is a perennial concern of New Yorkers and their elected officials, and the production and preservation of affordable housing is a key priority of the de Blasio Administration.