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Testimony
Economic Development
Testimony on Economic Development Programs
Given to the New York State Assembly Standing Committee on Economic Development, Job Creation, Commerce and Industry, and the Standing Committee on Small Business
November 13, 2017
Testimony on economic development programs that leverage state funds to translate technological advancements into viable long-term business development and economic growth.
Testimony
Capital Spending
Testimony on Public-Private Partnerships
Delivered to the Commission on State Asset Maximization
January 07, 2009
The testimony offers guidelines for the application of public-private partnerships (PPPs or P3s), suggests areas in which PPPs can be used in New York, and warns against and explains potential pitfalls in the application of PPPs.
Blog
City Budget
The Citywide Savings Program: OMB is Leading and Agencies Should Follow
May 31, 2017
NYC agencies should develop meaningful efforts to streamline operations and improve productivity.
Blog
State Budget
Budget Proposals with a Big Long-Term Payoff
March 16, 2017
The NYS FY2018 Executive Budget includes three proposals to reduce the State’s cost of providing retiree health insurance. Budget savings would be modest, but the reduction in the OPEB liability would be significant.
Blog
Pensions & Benefits
New York City Is Not Alone
November 16, 2011
Reducing the pensions funds' investment target to 7% would be prudent in order to keep the City’s pension funds fully funded, and it would be consistent with changes that have been adopted by other large public pension systems.
Statement
Pensions & Benefits
Statement on Proposed Tier 6 Benefit Sweetener as Part of State’s Fiscal Year 2025 Budget
March 27, 2024
The proposed change to Tier 6 pension benefits, which will cost the State and local governments in New York nearly $400 million per year, is unnecessary, expensive, and should be rejected.
Report
City Budget
BIDs - Organization, Oversight, and Transparency
November 02, 2017
There are currently 74 Business Improvement Districts (BIDs) in New York City serving 85,000 businesses in more than 42,000 properties. BIDs derive the bulk of their funding from a special assessment fee levied on property owners, and collectively BID assessment revenues totaled more than $100 million in fiscal year 2016. This policy brief examines the process for setting assessment fees, their uses, and the city’s oversight of BIDs.
Letter
State Budget
CBC Urges Governor to Veto Expensive Benefit Sweeteners
October 12, 2017
CBC calls on Governor Andrew Cuomo to veto 16 bills that would provide expensive enhancements to government employee and retiree benefits.
Special Feature
City Budget
Did You Know?
NYC FY 2025 Executive Budget Edition: Spending Growth [1]
May 01, 2024
The NYC Fiscal Year 2025 Executive Budget proposes to increase City-funded spending 6.3 percent, or $5.2 billion, from fiscal year 2024 to fiscal year 2025.
Blog
Education
State School Aid
The Neediest Districts Could Be Spared $750 million in Cuts through Better Targeted Reductions
February 27, 2011
The overall reduction in school aid in the NY State FY2012 Executive Budget is necessary to bring spending to a more sustainable level, but the cuts’ impacts on individual districts should be modified.
Report
Pensions & Benefits
The Price of Promises Made
What New York City Should Do About Its $95 Billion OPEB Debt
October 25, 2017
CBC presents options for tackling this looming $95 billion liability threatening New York City's fiscal health.
Testimony
State Budget
Testimony on State Budget Process Reforms
Delivered to the Senate Temporary Committee on Rules and Administration Reform
February 27, 2009
This testimony by CBC Deputy Research Director Elizabeth Lynam highlights CBC’s work on fiscal reform and shares thoughts and recommendations on the work of the Senate Temporary Committee on Rules and Administration Reform.
Blog
Health Care
One Good Way to Save More on Medicaid
February 21, 2011
One of the Medicaid Redesign Team's proposals – reforming the state’s payment method for nursing homes – should be strengthened to increase savings and improve care.
Report
Health Care
Better Managing New York State's Health Insurance Subsidy Programs
September 30, 2001
Report by the CBC that analyzes the problems that limit the impact of the subsidized health insurance programs and advocates a two-stage strategy - an integrated eligibility system and expanding integrated eligibility to other programs - to make the health insurance subsidy programs work more effectively and efficiently.
Blog
Public Workforce
Another Good Idea to Save the City Money
October 27, 2011
The New York City union welfare funds could also use some "depoliticizing, professionalizing and streamlining."
Press Release
CBC News
CBC Releases "NYS Budget Outlook"
March 07, 2024
CBC’s NYS Budget Outlook finds that the Fiscal Year 2025 Budget is buoyed by higher projected tax receipts, but the additional funds still leave large annual budget gaps and a substantial structural budget gap.
Statement
State Budget
Statement on the New York State Executive Budget for Fiscal Year 2025
January 16, 2024
While the budget takes some important initial steps to reduce spending growth, significant additional restraint will still be needed to close the State’s structural budget imbalance.
Blog
Education
What Is Good for Buffalo Is Good for All of New York
May 01, 2011
Governor Andrew Cuomo is considering a proposal from SUNY-Buffalo to give that university greater autonomy. The proposal deserves support and should be extended to all SUNY schools.
Letter
Economic Development
Governor Cuomo Should Veto Bills Expanding Economic Development Programs
November 20, 2017
CBC recommends Governor Cuomo veto three bills that would expand an economic development program.
Op Ed
City Budget
Inside New Yorkers’ Satisfaction, or Lack Thereof, with City Services
June 01, 2017
New Yorkers are notoriously opinionated, but how often do they get to tell city leaders what they think?