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Statement
City Budget
Statement on NYC Preliminary Budget for FY2018
January 24, 2017
Mayor Bill de Blasio’s Preliminary Budget for Fiscal Year 2018 continues an expansion of the scale of municipal government to a record size.
Press Release
Economic Development
CBC Report On BIDs Calls For Increased Oversight And Transparency
November 02, 2017
CBC examined the process for setting assessment fees, their uses, and the city’s oversight of BIDs, and recommends increased public review and performance evaluation.
Report
Health Care
Medicaid Supplemental Payments
The Alphabet Soup of Programs Sustaining Ailing Hospitals Faces Risks and Needs Reform
August 31, 2017
$5 billion in annual supplemental payments are important to the finances of many hospitals. Federal policy will shrink these payments; the impact will be most severe for NYC municipal hospitals.
Testimony
City Budget
Testimony Examining Health Care Savings Under Recent Collective Bargaining Agreements
Delivered to the NYC Council Committee on Finance
April 01, 2015
Savings that would have normally been reserved for general budget needs—such as funding libraries or maintaining public parks—and are attributable to a national slowdown in health care costs, are now being credited to the health savings agreement.
Blog
City Budget
Mixed Marks on NYC Adopted FY2018 Budget
June 13, 2017
Boosts to reserves accompanied by more spending and headcount.
Letter
Energy & Environment
The Climate Leadership and Community Protection Act (CLCPA)
A Letter to the Governor
February 07, 2020
CLCPA requires that New York State have a net-zero carbon economy by 2050, including 70% renewable energy by 2030 and decarbonization of the electric sector by 2040.
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
State Budget
The Reality of New York State’s Future Surpluses
January 15, 2015
Explains the "aspiration" surpluses in the State's FY2016 budget proposal and what is needed to achieve the savings.
Statement
City Budget
Statement on the NYC Fiscal Year 2021 Executive Budget
April 16, 2020
While the City is to be commended for balancing the budget without tax increases or borrowing, it has used a short-term strategy that leaves a significant gap in FY 2022.
Blog
Pensions & Benefits
New York Should Stop Borrowing from its Pension Funds
February 25, 2015
Governor Andrew Cuomo’s Executive Budget for FY2016 proposes to borrow an additional $1.8 billion from public employee pension funds in coming years. This proposal adds to taxpayers’ long-run costs and risks weakening the fiscal condition of the funds.
Report
Pensions & Benefits
2017 Benefit Sweetener Scorecard
December 07, 2017
The State Legislature passed 26 bills. Click to learn more.
Statement
State Budget
CBC Urges State Leaders to Adopt a "Bare Bones" Budget That Supports Pandemic Response
March 17, 2020
A world pandemic has created unprecedented dangers and hardships in New York State and New York City.
Video
CBC News
Sages of the Ages
Lessons from Past Fiscal Crises and Perspectives on the Present
June 02, 2020
CBC hosted a special panel discussion of prominent fiscal experts who helped New York overcome some of the most dire crises of the past. They provided insights and lessons from past experiences to help us understand and navigate the looming crisis.
Report
Public Workforce
How to Make $1 Billion in Labor Savings Real & Recurring
September 02, 2020
As the City faces the worst fiscal crisis in generations, municipal workers are also facing the dire prospect of layoffs.
Testimony
Economic Development
Testimony on Economic Development Programs
Given to the New York State Assembly Standing Committee on Economic Development, Job Creation, Commerce and Industry, and the Standing Committee on Small Business
November 13, 2017
Testimony on economic development programs that leverage state funds to translate technological advancements into viable long-term business development and economic growth.
Blog
City Budget
The Citywide Savings Program: OMB is Leading and Agencies Should Follow
May 31, 2017
NYC agencies should develop meaningful efforts to streamline operations and improve productivity.
Blog
State Budget
Budget Proposals with a Big Long-Term Payoff
March 16, 2017
The NYS FY2018 Executive Budget includes three proposals to reduce the State’s cost of providing retiree health insurance. Budget savings would be modest, but the reduction in the OPEB liability would be significant.
Statement
State Budget
Statement on the New York State Fiscal Year 2021 Enacted Budget
April 02, 2020
CBC President Andrew S. Rein issued this statement on the NYS FY 2021 Enacted Budget:
Blog
Education
Fringe Benefits Pushed New York Education Spending Higher in 2013
June 22, 2015
High levels of school spending in NY largely reflected the relatively high cost of employee compensation.
Report
City Budget
Making the Most of Our Parks
June 01, 2007
In this report, CBC addresses six challenges that prevent New York City from making the most of its parks.