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Report
Energy & Environment
Keys to a Cap-and-Invest Design That’s Earth- and Economy-Focused
Recommendations for a Cost-Effective Program to Meet New York's Ambitious Climate Goals
November 28, 2023
While NYCI provides a great opportunity to reduce emissions in a cost-effective manner and fund critical investments strategically, its success depends on it being well designed and implemented.
Report
State Budget
The Mid-Year Check-in
Six Takeaways from the NYS Financial Plan Update and Quick Start Budget Report
November 20, 2023
The fiscal news of the last three weeks makes one thing clear: This year’s budget process will be unlike those of recent years.
Op Ed
State Budget
State budget gaps are coming. The time to address them is now.
Albany Times Union
October 20, 2023
With temporary funding boosts petering out, New York must curtail spending growth to head off painful cuts later.
Special Feature
Education
Mapping School Aid by District
School Year 2023-24
September 06, 2023
The series of maps below provide district-level data on the distribution of school spending, State school aid, enrollment change, and other data for school year 2023-24.
Report
Economic Development
11 Billion Reasons to Rethink
New York's Increasing Economic Development Spending
July 20, 2023
Despite improved disclosure about individual projects, State and local economic development spending continues to increase without sufficient evidence that these programs cost-effectively create jobs or are more beneficial than alternative uses of the funds.
Special Feature
City Budget
5 Year Pocket Summary
Fiscal Year 2022-2023, 75th Edition
June 28, 2023
The Pocket Summary features a five-year snapshot of economic and fiscal data of New York City and New York State.
Report
State Budget
Making Hay While the Sun Shines
A Plan to Strengthen New York State’s Rainy Day Fund
June 28, 2023
Today we are left playing catchup with the threats of storm clouds looming on the horizon.
Blog
State Budget
New York State Budget Process Reform—Little Progress
2023 Update
June 21, 2023
With the budget now enacted and the scheduled legislative session concluded, CBC finds the State made little progress implementing the structural reforms needed.
Blog
City Budget
Not Undercover
The NYC Fiscal Year 2024 Executive Budget for the NYPD
May 17, 2023
New York City’s Fiscal Year 2024 Executive Budget allocates $10.8 billion for the NYPD in fiscal year 2024.
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.
Blog
Economic Development
Shrink, Don’t Expand, the New York State Film Tax Credit
March 06, 2023
The current program already is overly generous compared to other states and should be phased out.
Blog
Economic Development
No Extension without Evaluation
Reject Proposed Extension of Certain NYC Economic Development Tax Breaks Absent Appropriate Analysis
February 23, 2023
Prior evaluations found two of these programs to be ineffective; the bar to justify their extension should be appropriately higher.
Blog
State Budget
Five Fast Facts About the New York State Fiscal Year 2024 Executive Budget
February 03, 2023
To start to unpack the fiscal drivers and implications, CBC starts with five fast facts.
Blog
State Budget
CBC’s New York State Budget Priorities
Fiscal Year 2024
January 30, 2023
Resources available in the near term should not cloud the State’s significant fiscal and economic risks, and the need to stay competitive for residents and businesses.
Blog
State Budget
What to Look for in New York State’s New Year
January 09, 2023
The State enters a new Legislative session and a new gubernatorial term in less favorable fiscal condition than a year ago and with threatening economic headwinds.
Report
State Budget
Spending Growth Resumes, Fiscal Cliff Looms
NYS Operating Funds Spending FY 2021 through FY 2025
October 21, 2021
These accounting maneuvers obfuscate the State’s true fiscal picture.
Special Feature
Public Workforce
NYC Employee Headcount
October 18, 2021
New York City's headcount declined by 3.4 percent (11,175 positions) from fiscal year 2020 to fiscal year 2021, but the Mayor's Adopted Budget for authorized a substantial increase for fiscal year 2022
Blog
Education
Making the Grade
New York State Should Ensure that Massive School Funding Increase Drives Results
September 15, 2021
New York’s schools open this year slated to receive more aid than ever from the State plus $11.4 billion in one-time federal pandemic aid that can be spent over four years.
Op Ed
State Budget
Our New Governor’s Budget-Balancing Act
New York Daily News
September 01, 2021
Tackling these crises requires swift action. It is encouraging to hear Hochul emphasize performance and transparency. Her next step should be to convert those pledges into action.