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Press Release
CBC News
CBC Releases "Real Numbers, Real Choices"
April 18, 2024
Real Numbers, Real Choices details that the Mayor’s Executive Budget—due next week—should give a more accurate picture of the City’s fiscal standing to foster budget choices that stabilize the fiscal future. Making budget decisions based on unrealistic estimates increases the chances of a future fiscal reckoning.
Press Release
CBC News
CBC Releases "Setting the Right Ceiling: Rethinking the City’s Debt Limits and Capital Process"
April 03, 2024
CBC recommends the State reject the arbitrary, lump sum debt limit expansions the City and Executive Budget proposed, and adopt a more analytically grounded, sustainable approach.
Press Release
CBC News
CBC Releases "It's Only Fair: The Urgent Need for Stronger Policies to Stop Fare and Toll Evasion"
April 02, 2024
CBC's new analysis finds that fare evasion has continued to grow, likely exceeding $700 million in 2023—an amount equal to the funding that would be raised by two rounds of fare hikes.
Report
Transportation
It’s Only Fair
Policies to Reduce Fare and Toll Evasion Are Critical to Transit Sustainability
April 02, 2024
In 2023, the cost to the MTA alone was more than $700 million, which evidence suggests is growing.
Press Release
CBC News
Straight from New Yorkers:
CBC Resident Survey Gives Comprehensive View of Satisfaction with Quality of Life, City Services
March 19, 2024
CBC’s first post-pandemic Resident Survey shows sharp drops in citywide satisfaction ratings from 2017; New Yorkers rate life in their neighborhoods generally higher than citywide quality of life; Adams Administration’s priorities align with those of New Yorkers
Press Release
CBC News
CBC Releases "Target and Tighten: The Sustainable Path for School Aid Growth in New York
March 13, 2024
CBC’s new analysis finds that State school aid has annually increased 6.7 percent over the past three years.
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.
Video
CBC News
92nd Annual Gala
Videos, Photos, and Transcripts
February 29, 2024
CBC's Gala is a must-attend event for New York's business and civic leaders. The Citizens Budget Commission honored John C. Williams, President and CEO of the Federal Reserve Bank of New York, with the Medal for High Civic Service and Daniel L. Doctoroff was honored with the Felix G. Rohatyn Award.
Testimony
Transportation
Public Comment on the Proposed Structure For the Central Business District Tolling Program
Submitted to the Metropolitan Transportation Authority
February 29, 2024
While the Citizens Budget Commission (CBC) has long held the position that there should not be credits for bridge or tunnel crossings, we believe the Traffic Mobility Review Board’s (TMRB) congestion pricing toll recommendations, as a whole, are reasonable.
Press Release
CBC News
Spotlight on Spending
PEG Cancelation Makes City Budget Transparency More Critical; State Should Continue to Level Off Spending Growth
February 22, 2024
When it comes to government spending, New York’s trajectory over the past several years is precariously on-brand with the “Excelsior” state motto.
Press Release
CBC News
CBC Releases "Top of the Charts"
February 13, 2024
Based on the most recent available national data, New York and its localities are at the top of the chart in taxes and are #2 in spending.
Press Release
CBC News
CBC Releases "Don’t Step Off the Cliff"
February 08, 2024
CBC’s “Don’t Step Off the Cliff” reveals that fiscal year 2025 planned spending is $3.6 billion short of what would be needed to fund the current level of programs and expenses.
Press Release
CBC News
CBC Releases "Facing Tough Challenges: What to Look for in New York State's Fiscal Year 2025 Budget
January 11, 2024
CBC’s “What to Look for...” zeroes in on the important questions whose answers will reveal if the proposal is righting the fiscal ship and dealing with the pressing policy issues key to New York’s stable and competitive future.
Press Release
CBC News
CBC Releases "Unpacking the PEG: Examining the Impact of the NYC November 2023 Financial Plan Savings"
January 10, 2024
Mayor Eric Adams latest round of spending reductions only moderately affects direct services to New Yorkers and chips away at the City’s massive and still-troubling budget gaps.
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.
Letter
Transportation
Mandatory Debarment of MTA Contractors is Bad Policy and Must be Changed
A Letter to the MTA Board
December 12, 2019
We ask that the MTA Board work with MTA staff to revise the regulations to not mandate automatic debarment.
Video
CBC News
Taking a Look at Foundation Aid
WMHT
December 05, 2019
After months of public roundtables, will state lawmakers move to change the formula that determines aid for public schools? The Times Union’s Rachel Silberstein speaks with three education advocates about why they think it should happen.
Video
CBC News
Projected Deficits in NYS Budget
WFXV Eyewitness News
November 26, 2019
A mid-year New York State budget update shows a $6.1 billion gap estimated in Fiscal Year 2021 and even higher deficits projected in the following years.
Testimony
Transportation
Testimony on Metropolitan Transportation Authority’s 2020-2024 Capital
November 25, 2019
CBC’s longstanding position is that MTA capital investments must first emphasize state of good repair and routine replacement before projects to expand the system or provide enhanced amenities.
Podcast episode
Transportation
275, with MTA Board Member Veronica Vanterpool
November 21, 2019
275 is the number of meetings Veronica Vanterpool has attended since she was appointed to the board of the Metropolitan Transportation Authority. She is one of four individuals appointed by the Mayor to the 21 member board. She joined the pod to discuss her time on the board, the important challenges facing the MTA, and more.