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Press Release
CBC News
CBC Releases "What to Look for in the MTA’s November 2023 Financial Plan"
November 27, 2023
The MTA is expected to release its November 2023 Financial Plan shortly. The overall budget outlook is positive. Still, caution is warranted.
Press Release
CBC News
CBC Submits "Testimony on Congestion Pricing and the MTA's Fiscal Health
August 17, 2023
Congestion pricing revenues will provide critical funding for one-quarter of the MTA's 2020-2024 Capital Plan—resources that are essential to ensure progress toward a state of good repair for the region's transit system.
Press Release
Housing
CBC Recommends Immediate and Dramatic Changes to Address NYCHA's $32 Billion Capital Needs
July 03, 2018
"Stabilizing the Foundations" is a comprehensive report that details the causes of NYCHA's massive capital needs and presents recommendations that should be adopted to improve tenants' quality of life.
Special Feature
Housing
Mapping the Mayor's Housing Plan
August 08, 2017
Interactive map plots the location of each housing development created or preserved under NYC’s Housing New York plan.
Press Release
CBC News
CBC Releases "Needs and Wants: What to Look for in the MTA's Twenty-Year Needs Assessment"
September 21, 2023
CBC's new report recommends five ways the MTA can ensure its upcoming Twenty-Year Needs Assessment (TYNA) includes the information that the public, policymakers, and MTA leadership need.
Press Release
CBC News
CBC Releases "Stabilized, for Now: The MTA's Operating Budget's Long-Run Outlook"
July 17, 2023
The MTA still has a long-run structural gap—$900 million—that will reemerge in 2029.
Press Release
CBC News
CBC Releases "7 Facts about the Adams Administration’s Prior Savings Plans"
April 12, 2023
When Mayor Eric Adams’ Administration directed City agencies to implement a PEG (Program to Eliminate the Gap) last week, many were concerned about the potential service impact since the Administration had already implemented three savings plans.
Press Release
CBC News
CBC Releases "What to Look for in the New York City November 2023 Financial Plan"
November 14, 2023
CBC’s What to Look For finds that fiscal year 2024 now has a budget gap of $839 million.
Press Release
CBC News
CBC Submits Public Comment on Proposed Changes to the Metropolitan Transportation Authority’s Fares and Tolls
June 22, 2023
While the State rescue plan provides significant resources, it does not solve the MTA’s operating budget problem.
Press Release
City Budget
CBC Recommends Budget Strategies for Mayor de Blasio's Second Term
January 26, 2018
In order to reach, and then sustain, budget stability in the Mayor’s second term, the budget should contain spending growth; build reserves; reduce the size of the capital plan and the cost of capital projects; and strengthen finances at NYCHA and NYC H+H.
Special Feature
Transportation
Subway Station Condition Map
August 31, 2015
The Metropolitan Transportation Authority's (MTA) latest survey of the condition of its 467 subway stations in 2012 showed more than one in four of all structural components were not in a satisfactory condition—known in the jargon as a “state of good repair” or SGR. This map reveals the condition of the components of all 467 subway stations.
Press Release
CBC Announces Leadership Transition
President Carol Kellermann Plans to Step Down After a Decade of Service at CBC; Walter Harris Nominated to Succeed Ed Skyler as CBC Chair
April 23, 2018
CBC today announced that President Carol Kellermann will be stepping down from her position around the end of 2018, once a successor has been identified.
Press Release
CBC News
CBC Submits "Testimony on the New York City Housing Authority’s 2023 Physical Needs Assessment"
September 22, 2023
NYCHA’s PNA provides the information needed to identify what has happened to NYCHA’s housing stock over the past five years and to help plan for its future.
Special Feature
City Budget
Facts About the NYC Budget
2015
October 14, 2015
Facts about the NYC budget in 2015, focusing on recession risk and citywide savings plan.
Press Release
CBC Releases "7 Facts About the NYC Department of Buildings"
April 25, 2023
The NYC Department of Buildings (DOB) is critical to ensuring the safety of the city’s buildings and construction, supporting development through efficient permitting and plan review, and enforcing compliance with building and zoning codes.
Special Feature
City Budget
Citywide Savings Program
A program knocked down a PEG
May 21, 2018
Mayor de Blasio’s savings plan relies heavily on re-estimates, shifting costs to state and federal funding sources, and debt service savings.
Press Release
CBC News
CBC Releases New York State Budget Priorities
Fiscal Year 2024
January 30, 2023
CBC has identified 11 fiscal priorities for the State in the forthcoming budget for fiscal year 2024. CBC recommends that the State.
Press Release
CBC News
CBC Releases "Recommendations for Legislative Action on the Fiscal Year 2024 NYS Executive Budget"
March 11, 2023
CBC’s recommendations are rooted in key economic and fiscal realities.
Press Release
CBC News
Pro-homes Advocacy Groups Across New York State Form ‘New York Neighbors’ Coalition
January 31, 2023
New York Neighbors is the first statewide pro-homes coalition of its kind, prioritizing a menu of policies to increase housing supply and produce affordable homes to tackle the state’s debilitating housing shortage.
Press Release
CBC News
The Citizens Budget Commission Presents Awards for Public and Civic Service at 91st Annual Gala
February 16, 2023
At its 91st Annual Gala this evening CBC will honor Governor Kathy Hochul with its 2023 Medal for High Civic Service, and Stephen Berger with its 2023 Felix G. Rohatyn Award.