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Report
Education
School Spending, Enrollment, and Fiscal Cliffs 101:
The NYC Department of Education Budget Before, During, and After the Pandemic
April 11, 2023
Decisions about the DOE’s budget should consider enrollment declines and the City’s precarious fiscal condition.
Statement
City Budget
Statement on NYC's FY 2024 Executive Budget PEG Directive
April 04, 2023
The City is right to initiate a PEG—a Program to Eliminate the Gap—for the Executive Budget. This action is timely, if not overdue.
Statement
State Budget
Statement on New York State Fiscal Year 2024 Budget Delay
March 31, 2023
While critical policy issues are being hammered out, little if any attention appears directed to how billions of dollars of added unfunded programs will explode the State’s already significant structural budget gap.
Report
State Budget
Lump Sum Warning
$14.8 Billion in Proposed State FY 2024 Discretionary Lump Sum Spending Authority Invites Waste and Corruption
March 31, 2023
The State’s resources should be allocated transparently and based on clearly articulated priorities, quantified assessments of needs, and the likely evidence-driven benefits of the spending.
Report
State Budget
Steep Incline and Cliffs Ahead:
Unaffordable NYS FY 2024 Spending Proposals Put Future at Risk
March 24, 2023
New York State’s budget has recently grown at an incredible and unsustainable rate, risking future instability and setting the stage for damaging service cuts or counterproductive tax increases.
Statement
State Budget
Statement on NYS Legislative Budget Proposals for Fiscal Year 2024
March 14, 2023
CBC has implored our State’s leaders to craft a budget that ensures fiscal stability and protects New Yorkers.
Testimony
Housing
Testimony on the New York City Housing Authority and the City's Preliminary Fiscal Year 2024 Budget
New York City Council Committee on Public Housing
March 13, 2023
To balance its budget and fund its basic operations, NYCHA was increasingly reliant on City subsidies and non-recurring funding sources.
Statement
Public Workforce
Statement on the New York City–District Council 37 Tentative Contract Agreement
February 17, 2023
The tentative contract announced today provides raises that are very reasonable given recent and anticipated inflation. The great challenge is how the City will pay for them.
Statement
State Budget
Statement on the NYS Executive Budget for Fiscal Year 2024
February 01, 2023
With a structural budget gap exceeding $12 billion annually, New York should focus on aligning spending with revenues, and should not create new fiscal cliffs.
Statement
City Budget
Statement on the New York City Fiscal Year 2024 Preliminary Budget
January 12, 2023
Much more aggressive action is needed to stabilize future budgets, hedge against a looming recession, and improve the quality and efficiency of services.
Statement
State Budget
Statement on Governor Hochul's 2023 State of the State Address
January 10, 2023
The State of the State presented an expansive menu. We now await the Executive Budget to see the bill.
Testimony
Public Workforce
Testimony on the New York City Health Insurance for Employees and Retirees
Submitted to the New York City Council Committee on Civil Service and Labor
January 09, 2023
With health insurance costs budgeted to increase at a rate of 8.5 percent between fiscal years 2023 and 2026, efforts to restrain the City’s costs are critical.
Report
Health Care
Analysis of the New York State Medicaid Program and Identification of Potential Cost-Containment Opportunities
November 17, 2010
This report identifies trends in expenditures and enrollment in New York’s Medicaid program.
Report
Health Care
No Easy Solution
Effective Medicaid Control Must Focus on the Elderly and Disabled
November 17, 2010
This report examines Medicaid spending in New York relative to other states and finds the program is big not just because New York is a populous state or it covers a lot of people. It recommends a multi‐year agenda to restructure service provision and the cost of care for the elderly and disabled.
Report
Pensions & Benefits
8 Things New Yorkers Should Know About Public Retirement Benefits in New York State
October 19, 2010
This report presents eight facts about retirement benefits for New York State and local employees intended to stimulate a substantive discourse on pursuing changes to prevent underfunding of the pension systems and to make retirement benefits more fair and affordable.
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.
Report
Pensions & Benefits
Better Benefits from our Billion Bucks
August 02, 2010
This report describes the organization and financing of the union welfare funds, identifies and documents three problems with the current arrangements – limited accountability, poor financial management and inefficient provision of benefits - and presents recommendations to improve the use of these payments and provide taxpayer savings.
Testimony
City Budget
Testimony to the New York City Charter Revision Commission
August 02, 2010
CBC submits this testimony to express our opposition to granting charter-mandated formula budgets to certain City offices, as doing so would be fiscally imprudent and would undermine the long-established process by which the Mayor and the City Council establish budget priorities as elected representatives.
Testimony
City Budget
Testimony to the NYC Council Finance Committee on FY 2011 Executive Budget
June 07, 2010
As the City begins a fragile economic recovery, this financial plan presents a crucial opportunity to take actions that will place the City on a firmer fiscal footing and ensure its competitiveness for the long-term.
Report
State Budget
In The Danger Zone
A Comparative Analysis of New York State's Long-Term Obligations
March 08, 2010
This comparative analysis examines the debt burden of the 50 states. It finds that New York's debt burden is well above national averages and greater than that of all but three states.