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Statement
Transportation
Statement on the MTA's 2020 Final Proposed Budget and November 2020-2023 Financial Plan
November 14, 2019
Statement by CBC President Andrew S. Rein on the MTA 2020 Final Proposed Budget and November 2020-2023 Financial Plan.
Op Ed
City Budget
Vote yes on a rainy day fund for New York City
New York Daily News
October 21, 2019
When New Yorkers head to the polls to vote, they will find five important ballot proposals, but one in particular is worth supporting because it would make an important change to how the city manages its budget.
Blog
Taxes
The Tax Hike’s Silver Lining
December 07, 2011
If the temporary personal income tax hike is the price we pay for long-term reforms that enhance infrastructure, encourage job growth, make the state and local tax system more equitable, and reduce future pension costs, then it is a price worth paying.
Press Release
CBC News
CBC Releases Strategies to Address New York City’s Fiscal Crisis—Without Resorting to Borrowing or Layoffs
June 10, 2020
CBC today released a report outlining the hard choices NYC’s leaders should make to close the fiscal year 2021 budget gap.
Blog
Taxes
Pied-à-Terre Tax
Appealing but Problematic
March 13, 2019
The pied-à-terre tax is appealing politically because it is levied on wealthy people with means to pay and nonresidents who do not vote. Nevertheless, it is problematic for several reasons.
Testimony
Transportation
Testimony on the Metropolitan Transportation Authority’s 2020-2024 Capital Program
November 12, 2019
The plan’s sheer size renders it impossible to determine what investments should and will happen in the next five years
Blog
Pensions & Benefits
2019 Benefit Sweetener Scorecard
New York State Bill Tracker
May 01, 2019
For the remaining seven weeks of the legislative session, members will propose to enhance the benefits of State and local public employees and retirees.
Blog
Education
Target School Aid to Avoid the Most Painful Cuts
May 12, 2020
With the State budget being realigned, now is the time to revisit how New York distributes its school aid dollars by accounting for student need, district wealth, and total district revenues.
Testimony
Housing
Testimony On New York City Housing Authority’s Blueprint for Change
New York State Assembly Standing Committee on Housing
December 08, 2020
NYCHA’s capital needs are immense, and addressing them requires employing multiple innovative strategies.
Report
Education
Cut Costs, Not Ribbons
Alternatives That Reduce School Crowding
July 09, 2019
Administrative solutions can reduce school crowding and limit the need to build expensive new school buildings.
Blog
Taxes
Personal Income Tax Revenues in New York State and City
August 13, 2019
PIT revenues are a significant - and volatile - part of State and City budgets.
Report
Housing
Reconsidering Rent Regulation Reforms
January 30, 2019
New York is a city of renters, and rent regulated units account for nearly half of the city’s rental housing stock.
Report
City Budget
$1.1 Billion in NYC Public Leases
Better Management Needed to Control Rising Costs
August 27, 2019
NYC spent more than $1.1 billion to lease space for public facilities and offices—an amount that has grown 40 percent since fiscal year 2014.
Blog
Public Workforce
Four Facts about New York City Full-Time Employees
October 17, 2019
Here are four facts about full-time NYC employees in fiscal year 2019.
Special Feature
Education
Educating an Average NYC Public Elementary School Class Costs About $560,000
September 04, 2019
In 2017 educating an average elementary school class cost $561,246.
Statement
State Budget
Statement on the NYS Executive Budget for FY 2021
January 22, 2020
As details of the Governor’s plan are examined over the coming weeks and months, CBC will release additional analysis and commentary.
Blog
State Budget
On Time, Off-budget
State 2020 Budget Grows 4.9 Percent
May 28, 2019
State Operating Funds spending is projected to grow 4.9 percent, more than double the 2% benchmark.
Blog
State Budget
Clear Picture
NYS Executive Budget Grows 3.4 Percent
January 29, 2019
State Operating Funds spending will grow by 3.4 percent in fiscal year 2020, the third straight year it has increased by more than 2 percent.
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.