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Blog
City Budget
Was the NYPD Budget Cut by $1 Billion?
August 13, 2020
The size of the NYPD’s budget was a prominent focus of this year’s budget negotiations, with many activists and elected officials calling for a $1 billion cut.
Video
CBC News
Sages of the Ages
Lessons from Past Fiscal Crises and Perspectives on the Present
June 02, 2020
CBC hosted a special panel discussion of prominent fiscal experts who helped New York overcome some of the most dire crises of the past. They provided insights and lessons from past experiences to help us understand and navigate the looming crisis.
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.
Letter
State Budget
Recommendations for Legislative Action on the FY2021 NYS Executive Budget
A Letter to the Legislature
February 24, 2020
The best strategy to pursue in enacting a budget prioritizes Medicaid spending control, limited school aid increases, bolstering rainy day funds, and maintaining competitiveness by not increasing taxes.
Op Ed
Transportation
Funding Fares Should Be the City's Responsiblity
April 02, 2017
If the mayor supports the policy, it should be a priority that is accommodated within the city’s financial plan.
Op Ed
Transportation
Make the MetroCard a gateway to opportunity, not a barrier
Transit should be half-price for the working poor
January 08, 2017
Half-priced metrocards for low-income adults should be paid for by the City, not the MTA. The City already supports reduced fares for the elderly and disabled.
Blog
Transportation
Recent Confusion over the MTA’s Financial Condition and What to Do About It
October 10, 2013
CBC offers its perspective on the New York Times’ “Room for Debate” question, “Is there any hope for NYC Transit?”
Blog
Housing
NYCHA’s 2020 Operating Budget
Inefficiencies Challenge the Fiscal Outlook
March 12, 2020
NYCHA, with financial assistance from the City, has begun to allocate funds for capital staffing, lead remediation, and additional front-line staff who operate and maintain its public housing
Report
Housing
Rent and Ride
Affordability is About Both
January 13, 2020
While housing is the largest share of spending for most households, a more robust picture of affordability also should include transportation costs.
Letter
City Budget
Letter to Governor on 5¢ Plastic Bag Fee
February 08, 2017
CBC urges Gov Cuomo to veto A.04883/S.04158, which would place a moratorium on a 5 cent fee on certain plastic bags in New York City until January 1, 2018.
Video
City Budget
Panel Discussion on Proposed Federal Policies & the Impact on the New York City Budget
ABNY Breakfast
March 20, 2017
ABNY Power Breakfast participants discuss the potential impact of proposed federal policies on the New York budget and the overall economy.
Blog
Transportation
Welcome Back, Joe Lhota!
June 26, 2017
Joe Lhota returns as Chairman of the MTA. Much has occurred since Lhota last chaired the MTA, and the following charts illustrate the agency’s current plight.
Blog
City Budget
Mixed Marks on NYC Adopted FY2018 Budget
June 13, 2017
Boosts to reserves accompanied by more spending and headcount.
Blog
City Budget
Can Taxi Medallions Still Be a Billion Dollar Budget Booster?
March 02, 2017
The City of New York expects to generate $1.2 billion in revenue from the sale of new taxi medallions from fiscal years 2019 to 2023; however, increased competition from ride-sharing services has resulted in a significant decrease in the value of medallions. The City should adjust its budget assumptions to reflect this situation, with the most prudent action being removing this revenue from its financial plan until the industry stabilizes.
Press Release
City Budget
CBC Releases NYC Resident Feedback Survey Results
May 16, 2017
The results show which municipal services are in greatest need of improvement.
Letter
Transportation
CBC Urges Governor to Veto Two Free Transfers Legislation
December 14, 2017
CBC calls on Governor Andrew Cuomo to veto bill that would require the Metropolitan Transportation Authority to provide two free transfers between subways and buses within a two-hour period.
Report
Public Workforce
Governor Cuomo's Labor Contracts
Only Getting Part of the Job Done
January 06, 2017
In collective bargaining, the Governor must balance paying workers fairly with keeping tax levels reasonable. More needs to be done to control rising fringe benefits costs.
Blog
Transportation
How Will The MTA Fight Its Four-Alarm Fire?
July 13, 2020
Federal aid should be a significant contributor to solving this crisis. Yet, even if the MTA receives all the aid it has requested, its leaders face hard choices about how to manage the resources they control.
Statement
State Budget
Statement on the Medicaid Redesign Team Recommendations
March 19, 2020
The MRT had a difficult task to do with little time, and deserves credit for soliciting public feedback, considering hundreds of proposals, and rising to the challenge of proposing significant reforms and savings without recommending tax increases.
Report
City Budget
NYC Resident Feedback Survey: Community District Results
Reveal Wide "Satisfaction Gap" Between Districts
June 30, 2017
How do New Yorkers feel about quality of life and municipal services? It varies tremendously by community district.