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Press Release
CBC News
CBC Releases "Unpacking the PEG: Examining the Impact of the NYC November 2023 Financial Plan Savings"
January 10, 2024
Mayor Eric Adams latest round of spending reductions only moderately affects direct services to New Yorkers and chips away at the City’s massive and still-troubling budget gaps.
Report
Economic Development
Competitiveness Scorecard
Assessing NYC's Competitiveness as a Home for Human Capital
February 06, 2013
This scorecard assesses the New York City metropolitan area’s competitiveness in attracting, cultivating and retaining talent. The scorecard is based on the relative performance of the New York City metro area against 14 of the largest domestic metro areas on a comprehensive set of quantitative indicators.
Statement
State Budget
NYS Late Budget Fails to Reduce Structural Gap
$237B of Spending Approved without Providing Financial Plan Tables
April 20, 2024
Three weeks late, State lawmakers finally approved the budget and again have failed to publish basic financial plan tables that show New Yorkers essential details about how their money is being spent this year and the budget’s future impacts.
Statement
State Budget
Conceptual Budget Agreement Appears to Take State Further in Wrong Direction, Increasing Structural Gap above $16B
Lawmakers Should Show Basic Financial Plans
April 15, 2024
The two-week late “conceptual” budget agreement leaves New York State with a significant future structural budget gap likely exceeding $16 billion.
Report
City Budget
Unpacking the PEG
Examining the Impact of the NYC November 2023 Financial Plan Savings
January 10, 2024
Agencies should continue to identify efficiency savings that do not affect critical program services.
Video
Housing
Conversation with NYCHA CEO Lisa Bova-Hiatt and NYCHA Chair Jamie Rubin
How NYCHA plans to invest $60B over 5 years
March 27, 2024
Lisa Bova-Hiatt is the Chief Executive Officer (CEO) of the New York City Housing Authority, and Jamie Rubin is the Chair of the New York City Housing Authority.
Blog
City Budget
What to Look for in the Mayor’s Executive Budget for Fiscal Year 2017
April 24, 2016
Asks 8 questions about the New York City Executive Budget for Fiscal Year 2017 relating to revenues, spending, Health + Hospitals, reserves, the Citywide Savings Plan, the State budget, and the capital commitment plan.
Video
City Budget
New York City Budget Microscope
The Bond Buyer
February 21, 2015
Maria Doulis breaks down New York City's $78 billion budget and $84 billion, 10-year capital plan, with the Bond Buyer.
Blog
Capital Spending
How Much, and for What?
May 21, 2013
Reviews the $54 billion Ten-Year Capital Strategy; the next mayor will have to make difficult trade-offs between competing priorities while ensuring the city’s debt does not become unaffordable.
Blog
Transportation
A Fairer Fare Increase
March 18, 2015
Discusses another, arguably fairer, revenue-raising strategy for the MTA
Report
Transportation
Access-A-Ride
Ways to Do the Right Thing More Efficiently
September 20, 2016
This report identifies strategies and options the Metropolitan Transportation Authority (MTA) can pursue to improve the financial outlook and quality of Access-A-Ride, the paratransit program.
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.
Testimony
Housing
Testimony on the New York City Housing Authority and the City’s Preliminary Fiscal Year 2025 Budget
New York City Council Committee on Public Housing
March 12, 2024
Many critical steps should be taken quickly to stabilize NYCHA’s budget and improve physical conditions.
Report
City Budget
Don’t Step Off the Cliff
Fiscal Cliffs and Budget Gaps in New York City’s Fiscal Year 2025 Preliminary Budget
February 08, 2024
To balance the fiscal year 2025 budget while also ensuring projected spending fully supports all planned programs, the City should implement an additional PEG in the Executive Budget and shrink or eliminate programs that the available resources cannot fully support.
Report
Transportation
It’s Only Fair
Policies to Reduce Fare and Toll Evasion Are Critical to Transit Sustainability
April 02, 2024
In 2023, the cost to the MTA alone was more than $700 million, which evidence suggests is growing.
Blog
Transportation
Why We Should Go Slow on the Second Avenue Subway
November 03, 2015
Why delaying plans for the second phase of the Second Avenue subway is sensible.
Video
City Budget
Under the Hood with N.Y. City Budget
The Bond Buyer
July 27, 2016
Maria Doulis of the watchdog Citizens Budget Commission and Howard Cure of Evercore Wealth Management dissect New York City’s $82 billion budget with Bond Buyer Northeast regional editor Paul Burton. They explore efficiencies, debt management, reserves, the economy, the capital budget and Mayor Bill de Blasio’s plan to overhaul Health + Hospitals.
Report
City Budget
Where Is the Money Going?
Mayor de Blasio's Spending Priorities
June 03, 2016
This report analyzes spending growth under Mayor Bill de Blasio using the last financial plan prepared by Mayor Michael Bloomberg as a starting point. The analysis reveals the priorities of the de Blasio administration.
Report
Education
5 Myths About School Crowding in New York City
September 07, 2016
CBC unpacks 5 myths about the crowding problem in New York City Schools. While crowding persists in some districts, there is excess capacity citywide.
Special Feature
State Budget
Did You Know?
NYS Enacted Budget Edition
May 24, 2024
Release of Financial Plan Shows $2B More in Spending over State’s Initial Report.