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Blog
Capital Spending
How Much, and for What?
May 21, 2013
Reviews the $54 billion Ten-Year Capital Strategy; the next mayor will have to make difficult trade-offs between competing priorities while ensuring the city’s debt does not become unaffordable.
Special Feature
Housing
Facts About NYCHA
January 28, 2020
This infographic presents a snapshot of NYCHA's Operating Budget, Capital Budget, and capital needs.
Testimony
Housing
Testimony On New York City Housing Authority’s Blueprint for Change
New York State Assembly Standing Committee on Housing
December 08, 2020
NYCHA’s capital needs are immense, and addressing them requires employing multiple innovative strategies.
Statement
Transportation
Statement on the Metropolitan Transportation Sustainability Advisory Workgroup Report
December 18, 2018
The Metropolitan Transportation Sustainability Advisory Workgroup Report released today provides a sober look at the fiscal and managerial challenges facing the MTA.
Report
Transportation
NYS Infrastructure Policy
A Background Paper for the CBC Conference on The Most Important Fiscal and Economic Issues Facing New York State
December 13, 2018
This paper was prepared by HR&A Advisors as a background paper for the December 2018 CBC Conference on most important fiscal and economic issues facing New York State. The paper provides recommendations for how NYS should prioritize, fund, and deliver key infrastructure investments.
Press Release
CBC News
Twenty Watchdogs Ask Governor’s Budget Office For Transparency About State Funds Being Withheld and Advanced as Emergency Adjustments to Budget
December 22, 2020
Public Does Not Currently Know How Much State Funding is Being Withheld From Individual Agencies Such as MTA, or By Program
Blog
City Budget
What to Look for in the NYC Preliminary Budget for FY2018
January 23, 2017
The big questions surrounding the release of the FY2018 Preliminary Budget and Ten-Year Capital Strategy
Blog
Housing
NYCHA’s 2020 Operating Budget
Inefficiencies Challenge the Fiscal Outlook
March 12, 2020
NYCHA, with financial assistance from the City, has begun to allocate funds for capital staffing, lead remediation, and additional front-line staff who operate and maintain its public housing
Testimony
Housing
Testimony on the NYCHA Physical Needs Assessment
Submitted to the New York City Council Committee on Public Housing
November 15, 2018
NYCHA has an astounding $32 billion in capital needs, a nearly fivefold increase over the last decade. Today nearly all its properties require substantial rehabilitation.
Video
State Budget
Economic Development Spending Oversight
March 31, 2017
CBC's David Friedfel discusses economic development spending and needed reforms on Capital Tonight.
Op Ed
Transportation
Make the MetroCard a gateway to opportunity, not a barrier
Transit should be half-price for the working poor
January 08, 2017
Half-priced metrocards for low-income adults should be paid for by the City, not the MTA. The City already supports reduced fares for the elderly and disabled.
Press Release
CBC Announces Leadership Transition
President Carol Kellermann Plans to Step Down After a Decade of Service at CBC; Walter Harris Nominated to Succeed Ed Skyler as CBC Chair
April 23, 2018
CBC today announced that President Carol Kellermann will be stepping down from her position around the end of 2018, once a successor has been identified.
Video
State Budget
Differing Numbers on State Spending
Spectrum News
June 01, 2017
CBC's Director of State Studies David Friedfel joins Nick Reisman on Capital Tonight to discuss why State spending is growing at almost 4 percent- not the 2 percent that has been reported.
Video
CBC News
CBCNY to New York State: "Delaying Budget Cuts Will Only Create More Problems"
Spectrum News
August 18, 2020
David Friedfel, the director of State Studies for the Citizens Budget Commission (CBCNY), told Capital Tonight host Susan Arbetter that the longer the state waits to make cuts to the budget, the more painful those decisions will become.
Podcast episode
City Budget
$168.3 billion, with Dave Friedfel
April 04, 2018
$168.3 billion is the size of New York State's Fiscal Year 2019 Budget. CBC's David Friedfel joined WT[D]P to discuss spending in this year's budget, as well as how the MTA, NYCHA, and New York City fared in the process.
Op Ed
Transportation
Funding Fares Should Be the City's Responsiblity
April 02, 2017
If the mayor supports the policy, it should be a priority that is accommodated within the city’s financial plan.
Podcast episode
City Budget
$31.8 billion, with Sean Campion
July 19, 2018
$31.8 billion is the amount required to repair NYCHA's public housing units over the next five years. CBC Senior Research Associate Sean Campion discuss the findings and recommendations of CBC's recent report on NYCHA's capital needs and explains how NYCHA got into such a deep hole and and how it can start to dig out.
Podcast episode
City Budget
$3.2 billion, with James Patchett
January 12, 2018
$3.2 billion -- how much New York City spent on economic development in 2016, including tax expenditures, operating costs, and capital spending.NYCEDC President and CEO James Patchett joins the podcast to discuss the City's development strategy, tax breaks, NYC Ferry and the BQX project.
Report
State Budget
New York State's Hard Choices
Next Steps to Address Fiscal Stress
May 22, 2020
Applying the CBC" Hard Choices Framework shows the State has options that would not require such steep cuts to balance the FY 2021 budget and reduce future gaps.
Statement
City Budget
CBC Statement on NYC FY19 Preliminary Budget: Wait and See All Over Again
February 01, 2018
Before the going gets tough, the Mayor should get going by limiting spending growth, bolstering the savings plan, and adding to reserves