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Report
State Budget
Spending Growth Resumes, Fiscal Cliff Looms
NYS Operating Funds Spending FY 2021 through FY 2025
October 21, 2021
These accounting maneuvers obfuscate the State’s true fiscal picture.
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.
Podcast episode
City Budget
$17 billion, with Jamison Dague
August 07, 2018
$17 billion is the preliminary budget for the Metropolitan Transportation Authority in 2019, an increase of 2.1% from 2018. CBC's Director of Infrastructure Studies Jamison Dague breaks down the preliminary budget and discusses looming risks, such as subway car reliability and progress of the various "action plans" put in place this year.
Podcast episode
City Budget
$307.45 with Anita Laremont
April 18, 2018
$307.45 - the minimum per square foot price for selling air rights in East Midtown. NYC Department of City Planning General Counsel and Chief Data Officer Anita Laremont discusses the de Blasio's administration's approach to commercial and neighborhood development, including the East Midtown rezoning, Mandatory Inclusionary Housing, and more.
Blog
State Budget
Twice as Much as Advertised
New York State Spending Growth
February 06, 2018
Spending growth in the NYS Fiscal Year 2019 Executive Budget will be 4.1 percent - more than twice what was claimed when the budget was released.
Special Feature
City Budget
Citywide Savings Program
A program knocked down a PEG
May 21, 2018
Mayor de Blasio’s savings plan relies heavily on re-estimates, shifting costs to state and federal funding sources, and debt service savings.
Blog
State Budget
What to Look for in the NYS FY 2022 Executive Budget
January 15, 2021
Balancing the fiscal year 2022 budget will require some combination of spending cuts, additional revenues, and other actions
Podcast episode
City Budget
5,000 with the Director of the Mayor’s Office of Criminal Justice, Liz Glazer
August 30, 2018
Mayor Bill de Blasio has a plan to close the jails on Rikers Island, in part by reducing the overall city jail population to 5,000 detainees, down from about 8,200 now, which is down from well over 20,000 two decades ago. Liz Glazer, director of the Mayor’s Office of Criminal Justice, joined the podcast to discuss the closure of Rikers and the administration’s other criminal justice policies.
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
Economic Development
Managing Economic Development Programs in New York City
An Assessment of Progress
January 02, 2018
The de Blasio administration has made some progress on 5 CBC recommendations made prior to the start of Mayor de Blasio’s first term, but more work is needed to make EDC more effective.
Podcast episode
Transportation
800,000, with John Porcari
March 21, 2021
800,000 is the approximate number of daily passengers who travel on Northeast Corridor trains. The only rail link that connects New York and New Jersey is through a 110-year-old tunnel under the Hudson River. The Biden administration has pledged to move forward the Gateway Program―the planned, phased expansion and renovation of the Northeast Corridor rail line, including the aging tunnel. John Porcari, the founding interim Executive Director of the Gateway Development Corporation, joined the podcast to update listeners on the status of this critical infrastructure project.
Video
Taxes
The New York City Property Tax
Problems, Inequities, and Potential Reforms
September 13, 2018
NYC Advisory Commission on Property Tax Reform is charged with recommending reforms to make the NYC property tax fairer, simpler, and more transparent. CBC, the Regional Plan Association, and NYU Wagner convened a panel to discuss the current property tax system and the reforms that should be pursued.
Podcast episode
City Budget
$5.3 billion, CBC's Mayoral Forum
February 28, 2021
$5.3 billion is the current estimate of the budget gap the next Mayor will have to close in her or his first year. Ben and CBC President Andrew Rein introduce listeners to CBC's mayoral candidates forum "Managing NYC’s Fiscal Crisis" that featured 10-minute conversations with each of eight candidates: Maya Wiley, Kathryn Garcia, Andrew Yang, Dianne Morales, Eric Adams, Ray McGuire, Scott Stringer, and Shaun Donovan. Each candidate presented their plan to manage the crisis, answered targeted questions, and identified positions on key fiscal issues in a lightning round.
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.
Testimony
Economic Development
NYCEDC 2018 and Beyond: Borough-by-Borough in the Next Four Years
Testimony before the New York City Council Committee on Economic Development
February 06, 2018
How can EDC improve its performance in 2018?
Report
Health Care
Options for Enhancing New York's Health Home Initiative
A Discussion Paper
May 01, 2018
This paper addresses the challenges in extending Health Homes to all who can benefit from their services in a cost-effective manner.
Statement
City Budget
Statement on the NYC Fiscal Year 2019 Executive Budget
April 26, 2018
New York City’s Executive Budget for Fiscal Year 2019 increases operating spending at more than twice the rate of inflation and misses an opportunity to bolster reserves as strong tax revenue growth continues.
Report
City Budget
Getting the Basics Right
Fiscal, Managerial, and Policy Priorities for Recovery, Stability and Prosperity
November 08, 2021
To ensure that New York recovers, stabilizes, and ultimately thrives, the incoming Administration should set and implement fiscal, managerial, and policy priorities that will boost the city’s economy and competitiveness, and provide the services and opportunities necessary for New Yorkers to flourish.
Report
State Budget
NYS Trends During the Cuomo Administration
October 18, 2018
This report is a comprehensive analysis of NYS since Governor Cuomo assumed office. CBC examined seven key areas, such as demographic and economic trends, fiscal trends, health, and education.
Blog
City Budget
A $3 Billion Problem
Homeless Services in New York City
May 24, 2018
Despite multipronged concerted efforts, the dramatic growth in City spending on homeless services has not reduced the number of people in shelters, and homelessness remains a serious problem.