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Blog
City Budget
FY2021 Agency Budget Realities
Increases vs. Decreases in City-Funded Spending
September 22, 2020
The City will likely need to implement additional savings programs in fiscal year 2021, as well as to identify savings to close the $4.2 billion gap in fiscal year 2022.
Op Ed
City Budget
A Budget Battle Plan for NYC
New York Daily News
September 16, 2020
Ensuring the city’s finances are well managed is more important than ever.
Report
Energy & Environment
Aligning Crossed Policy Wires Can Help Achieve CLCPA Goals
September 16, 2020
This policy brief offers some examples of tax expenditure and direct spending programs the State could tailor to help meet CLCPA goals.
Press Release
Energy & Environment
New York League of Conservation Voters and CBC release report on aligning policies to reach CLCPA goals
September 15, 2020
CBC and the NYLCV released a report identifying existing policies at odds with the goals of the CLCPA.
Statement
City Budget
No NYC Borrowing Authority without More Savings, Fiscal Stability Plan, and FCB
September 08, 2020
While New York City’s fiscal crisis is severe, it should not borrow now to balance the fiscal year 2021 budget.
Blog
City Budget
Authority for NYC to Borrow for Operating Expenses Should Be Provided Only with Strict Conditions and Oversight
September 08, 2020
The City should not borrow now for the FY21 budget. Borrowing should be a last resort, and may be reasonable only if revenues deteriorate substantially from current projections.
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.
Statement
Public Workforce
Statement on Borrowing vs. Layoffs in NYC Budget
September 02, 2020
The New York City budget adopted 64 days ago commits to $1 billion in recurring savings from negotiations with labor unions; however, to date apparently no savings have been agreed upon.
Report
Housing
Strategies to Boost Housing Production in the New York City Metropolitan Area
August 26, 2020
Building more housing for every type of household can help make the New York region more affordable and competitive for generations to come.
Press Release
Housing
CBC Releases Strategies to Boost Housing Production in the NYC
August 26, 2020
Report Recommends Changes to City and State Policies Including Zoning, Planning, Building and Construction Codes, Property Taxes, and Tax Breaks
Statement
City Budget
CBC Statement on City’s Land Use Process
August 18, 2020
CBC is increasingly concerned that at times the City’s land use process serves as an impediment to proposals needed to spur growth.
Blog
City Budget
Was the NYPD Budget Cut by $1 Billion?
August 13, 2020
The size of the NYPD’s budget was a prominent focus of this year’s budget negotiations, with many activists and elected officials calling for a $1 billion cut.
Blog
City Budget
NYC FY2021 Adopted Budget
Short-Term Balance, Long-Term Challenge
July 21, 2020
After tense negotiations and a close vote ending early morning July 1, the City adopted an $88.2 billion budget for fiscal year 2021.
Blog
State Budget
Flipping the Switch
Difficult Fiscal Decisions Compound as State Shifts from Spending Growth to Cuts
July 15, 2020
Flipping the switch from robust spending growth to spending cuts will require making significant hard choices to balance the budget and reduce future fiscal gaps.
Op Ed
State Budget
Better ways to balance state budget than stock transfer tax
Letter to the Editor
July 06, 2020
The state has other options to balance its budget.
Podcast episode
City Budget
$1 billion, with Adrian Pietrzak and Ana Champeny
July 02, 2020
$1 billion is the target reduction in the NYPD budget that became the focal point of recent budget negotiations. Was this cut actually made in the NYC Adopted FY2021 Budget? CBC's Adrian Pietrzak and Ana Champeny discuss the NYPD's budget and how it's going to change in the coming year in this special mini-episode.
Blog
City Budget
Budgeting in a Time of Pandemic
City-Funded Spending Is Flat in FY2021
July 02, 2020
Adopting the budget was just the first step; negotiating and managing the changes necessary to achieve the assumed savings is next big, important step forward.
Podcast episode
City Budget
Episode 93: $88.2 billion, with Ana Champeny
July 01, 2020
$88.2 billion is the size of the NYC budget adopted for FY 2021. After years of economic expansion, this is the first budget Mayor de Blasio and Speaker Johnson negotiated in a recession. CBC's Ana Champeny joined the podcast to discuss why this is just the first of many tough choices facing City leaders.
Statement
City Budget
CBC Statement on the NYC Adopted Budget for FY2021
June 30, 2020
New York City leaders may be breathing a sigh of relief for meeting the budget deadline after particularly arduous negotiations, but the fiscal crisis is far from over.
Blog
State Budget
New York Taxes: Layers of Liability
June 25, 2020
Any consideration of tax increases should include the impact on State and local economic competitiveness