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Report
State Budget
The Armonk Agenda
Next Steps for Fiscal Reform in New York State
October 01, 2006
On April 7–8, 2006, CBC convened a conference in Armonk, New York with the goal of identifying widely supported, high-priority measures for fiscal reform in New York State. This report highlights the realignment of state and local fiscal responsibilities in order to lower local government’s tax burdens, changes in debt management in order to lower the State’s debt burden and make more effective use of borrowing, and improvements in the annual budget process in order to make it more accountable, timely and transparent.
Blog
Pensions & Benefits
Simple But Significant
Savings from the Elimination of the Medicare Part B Reimbursement
December 19, 2010
As New York’s elected officials consider options for balancing budgets in the face of record deficits, they should eliminate a public employee fringe benefit rarely offered anywhere else: reimbursement for Medicare Part B premiums.
Report
State Budget
Public Authorities in New York State
April 03, 2006
New York State’s extensive reliance on authorities has given rise to four significant problems: 1) Misuse of the power to incur debt; 2) Insufficient oversight and coordination of project revenue backed and private conduit borrowing; 3) Insufficient reporting to support accountability; and 4) Insufficient independence in governance. Each problem is explained more fully in this report, along with five strategies to address them.
Report
State Budget
Is a State Spending Cap the Right Approach for New York?
October 11, 2010
This paper examines the caps proposed for New York. It also analyzes the Colorado experience and that of three other states in order to help inform decision making for New York.
Blog
Capital Spending
Mind the Gap
Funding Repair and Maintenance of New York City Infrastructure
July 26, 2010
Past neglect has created a need for nearly $5.6 billion in repair of existing facilities in New York City in order to bring them to satisfactory condition, known as a "state of good repair." Yet the City's capital budget allocates only about half, with the gap especially large for streets, hospitals, and parks.
Blog
City Budget
The Beginning of the End of Balanced Budgets for New York City?
June 23, 2010
What ought to be considered a dramatic reversal of a highly praised policy has been buried in an arcane legal change made by the Legislature at the request of the Mayor, allowing the city to borrow for pollution remediation.
Blog
City Budget
Delaying the Pain
The truth about cost-cutting in New York City's November Plan
December 15, 2010
A closer look at the City November 2011 savings plan reveals two notable points: Nearly two-thirds consists of new revenue, and expenditure cuts are modest, although health, welfare, libraries and cultural institutions bear most of the burden.
Blog
Pensions & Benefits
The State and Local Pension Stretch
June 16, 2010
New York stands out for consistently setting aside adequate funds to make its employee pension systems fiscally sound, but political leaders are considering heading down a fiscally irresponsible path.
Blog
Pensions & Benefits
Not so sweet
June 20, 2010
While the State and local governments struggle to pay for current salaries and fringe benefits of public employees and to fully fund the pension system for retirees - resorting to a "borrowing" scheme to stretch out required payments - the State Legislature has remained undeterred in introducing and acting upon bills that would add even more costs in the 2010 session.
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.