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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
Transportation
Why We Should Go Slow on the Second Avenue Subway
November 03, 2015
Why delaying plans for the second phase of the Second Avenue subway is sensible.
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
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.
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.
Report
Health Care
Fiscal Challenges Facing the New York City Health and Hospitals Corporation
November 06, 2014
HHC is crucial to all New Yorkers, providing care to more than one million patients annually. Despite HHC's importance, its fiscal condition is troubled. HHC's cash resources are being depleted; absent an aggressive gap-closing plan its cash reserves will be exhausted in fiscal year 2016.
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.
Report
Energy & Environment
A Better Way to Pay for Solid Waste Management
February 05, 2015
This policy brief explores a new financing method for residential solid waste removal by the Department of Sanitation: a volume-based garbage fee. The four main benefits include: 1) service cost visibility, 2) waste reduction, 3) independent access to capital, and 4) fairness.
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.
Blog
City Budget
Agency Focus: DEP
Budget Analysis
September 21, 2014
Three entities govern New York City's water and sewer system: the Department of Environmental Protection operates and maintains the system; the New York City Municipal Water Finance Authority (WFA) borrows to finance capital investments; and the Water Board sets rates for customers to meet financing needs. Learn more.
Podcast episode
City Budget
1996, with Chris Jones
December 14, 2017
1996 is the last time a comprehensive regional plan was issued by the Regional Plan Association. Special guest Chris Jones, Senior Vice President and Chief Planner at RPA, joined the podcast to discuss the 4th Regional Plan, which was released last month. The plan contains 61 separate recommendations in four action areas that represent major challenges and areas of opportunity.
Podcast episode
City Budget
$1.5 billion, with
August 16, 2017
This week's datapoint is $1.5 billion - the amount of money that can be raised by the congestion pricing plan known as MOVE NY. The plan introduces tolls to the East River bridges, a surcharge on taxis and for-hire vehicles, and lays out specific plans for using the funding to improve transportation across the city.
Blog
State Budget
Pre-Budget Ruminations
What to Look for in the NYS Fiscal Year 2019 Executive Budget
December 17, 2017
With a reported gap between $4.4 billion and $6.3 billion, and billions in federal changes yet to be recognized, here's what CBC will ask when Governor Cuomo rolls out the 2019 Executive Budget.
Blog
Public Workforce
TWU Contract
Productivity Not a Done Deal
February 18, 2020
The agreements should include greater savings, including workrule changes, to offset the impact of these increased costs.
Podcast episode
Economic Development
8,200, with Councilmember Brad Lander
October 15, 2020
8,200 is the number of new housing units that could be created by the proposed rezoning of Gowanus, Brooklyn. Councilmember Brad Lander joins "What's the [DATA] Point?" to discuss the rezoning plan and make the case for comprehensive planning.
Blog
State Budget
The Challenge of Producing a $2 Billion Surplus
January 16, 2014
With school aid and Medicaid growing at annual rates at or above 4 percent, all other categories of spending, including agency operations, will face offsetting reductions to the plan if the net increase in overall state spending is to be kept to 2 percent.
Blog
State Budget
The Back-loaded Impact of New York’s Fiscal Year 2013-14 Budget
May 08, 2013
Reviews NYS Enacted Budget for FY2014- $1.8 billion in annual spending by the final year of the financial plan were paid for with tax increases, non-recurring resources, and boosted revenue forecasts.
Blog
City Budget
Can Taxi Medallions Still Be a Billion Dollar Budget Booster?
March 02, 2017
The City of New York expects to generate $1.2 billion in revenue from the sale of new taxi medallions from fiscal years 2019 to 2023; however, increased competition from ride-sharing services has resulted in a significant decrease in the value of medallions. The City should adjust its budget assumptions to reflect this situation, with the most prudent action being removing this revenue from its financial plan until the industry stabilizes.