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Letter
State Budget
CBC Urges Governor to Veto 20 Benefit Sweeteners
A Letter to the Governor
December 03, 2022
CBC urges you to veto 20 bills which enhance benefits and increase costs to New York State and local governments.
Blog
City Budget
What to Look for in the NYC November Modification
November 14, 2022
The modification is likely to be more substantial due to Mayor Eric Adams’ call for a Program to Eliminate the Gap, a rocky economy, and future gaps that could approach $10 billion.
Video
Housing
How New York Can Improve Its Land Use Decision-Making Process
A CBC Event
September 28, 2022
CBC convened key stakeholders to discuss how to improve the City's land use decision-making process.
Blog
City Budget
Big Budget
NYC’s Adopted FY 2023 Budget—Spending and Growth
June 28, 2022
Adopted City Funds spending next year is $77.6 billion, a $5.5 billion (7.7 percent) increase over fiscal year 2022 and $1.9 billion more than the Executive Budget.
Video
CBC News
Conversation with Deputy Mayor Maria Torres-Springer
A CBC Event
June 21, 2022
Maria Torres-Springer is New York City's Deputy Mayor for Economic and Workforce Development.
Letter
City Budget
CBC Urges State Legislative Leaders to Reject Proposal to Increase NYC's Borrowing Authority
Letter to the State Legislature
May 31, 2022
CBC urges you to reject the proposal to increase the New York City Transitional Finance Authority’s (TFA) borrowing capacity that is outside of the City’s constitutional debt limit.
Letter
City Budget
CBC Urges City Leaders to Make Substantial Rainy Day Fund Deposit
A Letter to the Mayor and City Council
May 31, 2022
Fiscal preparedness is key to stability and ongoing prosperity; based on prior recessions, the City could face a revenue shortfall totaling $13 billion to $19 billion over three years in the next recession.
Blog
City Budget
What’s Up With (in) the NYPD Fiscal Year 2023 Executive Budget
May 09, 2022
Compared to the Preliminary Fiscal Year 2023 Budget, the City-funded NYPD operating budget is more than $140 million higher in each year of the plan.
Blog
City Budget
Unnecessary Increase
Despite 18,000 Vacancies, NYC FY 2023 Executive Budget Adds 3,000 New Positions
May 04, 2022
Rather than add positions, the City should redistribute available vacancies across departments, within agencies, or across agencies.
Blog
City Budget
18,000 Vacant City Jobs Is More Than Enough
Vacancy Reduction Should Not Impede Hiring; How NYC Manages Will
March 30, 2022
Any staffing issues are the result of management, system, and labor market challenges, not a shortage of available positions
Blog
City Budget
Six Fast Facts about the NYPD's Preliminary FY2023 Budget
March 18, 2022
Public safety is a top issue for New Yorkers, and the New York City Police Department (NYPD) budget continues to garner attention and interest.
Blog
City Budget
The Record on Reserves
New York City Fiscal Year 2023 Preliminary Budget Reserves
February 28, 2022
While this is a record in dollars, it is not the record as a percent of the City-funded budget.
Blog
City Budget
A Budget Baker’s Dozen
13 Questions to Ask About NYC’s Preliminary Budget for Fiscal Year 2023
February 10, 2022
Mayor Adams’ first Preliminary Budget will provide an important opportunity to see how he intends to “get stuff done,” root out “waste, fraud, and abuse,” and promote a “People’s Plan.”
Video
City Budget
Tax Revenue Panel
The Most Important Economic and Fiscal Decisions Facing the Next Mayor
December 06, 2013
This panel discusses options to reform and increase the property tax; and the impact of tax levels on residential and business location decisions.
Video
Economic Development
Economic Development Panel
The Most Important Economic and Fiscal Decisions Facing the Next Mayor
December 06, 2013
This presentation and panel discuss economic development in New York City since 2000, with a focus on the City's relative economic performance, the broad range of activities of the Economic Development Corporation, and the effectiveness of development strategies.
Video
City Budget
Expenses Panel
The Most Important Economic and Fiscal Decisions Facing the Next Mayor Conference
December 06, 2013
This presentation focused on options for curbing expenditures without harming the quality of local public services. Panelists discussed these options and presented other ideas for most cost-effective public services.
Video
Capital Spending
Capital and Debt Panel
The Most Important Economic and Fiscal Decisions Facing the Next Mayor Conference
December 06, 2013
The next mayor will be constrained by a high debt burden that will require restraining capital spending. What principles should the next administration use to devise a long-term capital plan?
Letter
Taxes
CBC Recommendations to the New York State Tax Relief Commission
November 26, 2013
This letter to the NYS Tax Relief Commission includes cautions about the State's ability to commit to large new property tax relief programs, and recommendations for providing better relief with the $4 billion the State spends on current programs.
Blog
Taxes
Good Ideas in Tax Commission Report
November 14, 2013
The State Tax Reform and Fairness Commission contains many smart proposals, including reducing exemptions from the sales tax and reforming business tax incentives.
Blog
City Budget
The End of The Retiree Trust Fund
July 22, 2013
Tthe Financial Control Board (FCB) certified New York City’s Adopted Budget for Fiscal Year 2014 is balanced. As the FCB mentions in its report, the 2014 budget is balanced with $2.8 billion in surplus funds from fiscal year 2013 and $1 billion withdrawn from the Retiree Health Benefits Insurance Trust Fund.