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Blog
Public Workforce
Rising Again
City Reverses Course on Workforce Reduction
June 08, 2021
With annual budget gaps in fiscal years 2023 to 2025 nearing $5 billion (including unspecified labor savings), the City should not increase the size of its workforce.
Video
CBC News
Comptroller Candidate Forum
Accountability, Not Just Accounting
May 04, 2021
The next New York City Comptroller will play a critical role not only in holding the next Administration and agencies accountable, investing and managing five pension funds with $248 billion in assets, and partnering in $13 billion City debt issuance, but also in spotlighting and promoting New York City’s fiscal health during and after the economic recovery. CBC's "Comptroller Candidate Forum: Accountability, Not Just Accounting" featured 13-minute conversations with each of the six leading candidates, in succession, allowing candidates to share their vision for the office, answer targeted questions from CBC about how they will use the office’s powers, and identify positions on key issues in a lightning round.The video was lightly edited to remove technical glitches. The content of the conversation was preserved in its entirety.
Video
CBC News
Conversation with CUNY Chancellor Félix V. Matos Rodríguez
A CBC Event
April 29, 2021
Chancellor Félix V. Matos Rodríguez outlined his key priorities for the City University of New York as an engine of economic opportunity and mobility, including a comprehensive plan to bolster business opportunities for firms owned by women, minorities, and service-disabled veterans.
Testimony
Energy & Environment
Testimony on Getting to Zero Waste
Submitted to the New York City Council's Committee on Sanitation and Solid Waste Management
April 21, 2021
Achieving zero waste requires a holistic approach that uses City resources efficiently, incentivizes residents to improve their habits, and implements targeted programs and policies.
Blog
City Budget
To Cross the Bridge Wisely
Strategies for NYC’s Fiscal Year 2022 Executive Budget
April 20, 2021
The soon to be released Fiscal Year 2022 Executive Budget will reveal how the Mayor proposes to address the City’s extraordinary fiscal circumstances that recently have brightened
Video
CBC News
MTA toll hike now in effect
Fox 5 New York
April 12, 2021
Tolls for E-ZPass drivers jumped from $6.12 to $6.55, while the charge for drivers who pay their tolls by mail rose from $9.50 to $10.17.
Video
CBC News
A Special Conversation with Sarah E. Feinberg and Janno Lieber
March 30, 2021
Sarah Feinberg, New York City Transit Interim President. and Janno Lieber, Chief Development Officer of the MTA, joined the CBC for a special discussion on the challenges the MTA faced over the last year and what it continues to do to address those challenges.
Blog
State Budget
And State Spending Growth Resumes
Buoyed by Revenue Strength and Federal Aid
March 26, 2021
Governor’s Fiscal Year 2022 Executive Budget proposes to increase State Operating Funds spending an average of 3 percent per year over the next four fiscal years.
Blog
City Budget
Bridge Over Troubled Fiscal Waters?
Only if Federal Aid Is Used Wisely
March 15, 2021
With more than $5 billion in additional federal relief expected to flow to New York City, the appropriate course of action now would be to address the most pressing pandemic and related expenses and responsibly backfill shortfalls in tax revenues temporarily but resist the urge to fund programs with recurring costs without a long run fiscal stability plan.
Video
CBC News
Managing NYC’s Fiscal Crisis
A CBC Mayoral Candidate Forum
February 25, 2021
Managing the City’s fiscal crisis well will be a critically important duty of the next Mayor and a primary determinant of how the city survives the current crisis, and ultimately thrives in the future.Managing NYC’s Fiscal Crisis: A CBC Mayoral Candidate Forum featured a 10-minute conversation with each candidate, in succession, and allowed them to explain their specific plans to manage the crisis, answered targeted questions from CBC on the fiscal feasibility and implications of their proposals, and identified positions on key issues in a lightening round.
Testimony
City Budget
Testimony on Comprehensive Long-Term Planning (Intro. 2186)
Submitted to the New York City Council
February 23, 2021
Intro. 2186 proposes a new comprehensive planning framework that would reform the City’s land use and capital planning process.
Blog
Public Workforce
Early Retirement Incentives
Weighing the Risks for State and Local Governments
February 22, 2021
In light of the City’s fiscal stress and the availability of other options to balance the budget, the City should reduce its workforce through attrition and not pursue the ERI.
Blog
Public Workforce
A Premium Option
School Districts Can Save $850 Million By Following the State’s Lead on Health Insurance
February 22, 2021
In response to New York State’s fiscal year 2022 budget gap, the executive budget calls for a change to the composition of school funding.
Blog
Transportation
What to Look for in the February Update to the MTA’s Financial Plan
February 17, 2021
Further actions will be needed to stabilize the MTA’s finances in the long term.
Blog
State Budget
NYS Should Not Borrow for Operations Without Spending Restraint, Fiscal Stability Plan, Enhanced Oversight, and Transparency
February 10, 2021
Using long-term debt to fund operations can be a tempting way to close budget gaps, but it should be a last resort.
Presentation
City Budget
NYC FY 2022 Preliminary Budget
Balance Today, Challenges Tomorrow
February 04, 2021
The City is not addressing its long-term fiscal problems.
Blog
Public Workforce
Why Spend to Save?
Early Retirement Incentives Save Less than Attrition
January 28, 2021
ERIs are a more costly workforce reduction strategy than attrition or layoffs.
Blog
State Budget
What to Look for in the NYS FY 2022 Executive Budget
January 15, 2021
Balancing the fiscal year 2022 budget will require some combination of spending cuts, additional revenues, and other actions
Video
Education
Dr. John B. King, Jr., NYS Education Commissioner
CBC Breakfast Series
December 19, 2012
CBC Breakfast with New York State Education Commissioner Dr. John B. King, Jr. in December 2012.
Blog
State Budget
Governor Cuomo’s Third Budget: Priorities for Fiscal Year 2013-14
December 17, 2012
Four important challenges face state leaders as they prepare the next budget for FY2014 in Medicaid, Education, Economic Development and Local Government Relief.