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Blog
City Budget
7 Facts about the Adams Administration’s Prior Savings Plans
April 12, 2023
CBC finds that 92 percent of the prior plans’ savings will have no effect on services since they come from eliminating underspending, re-estimating costs, savings on debt service, leveraging federal or other funding, and increasing efficiencies in ways designed to preserve services.
Report
Education
School Spending, Enrollment, and Fiscal Cliffs 101:
The NYC Department of Education Budget Before, During, and After the Pandemic
April 11, 2023
Decisions about the DOE’s budget should consider enrollment declines and the City’s precarious fiscal condition.
Podcast episode
City Budget
3, with First Deputy Mayor Sheena Wright
April 04, 2023
3 is the number of letters in Mayor Adams' favorite mantra: G.S.D., Get Stuff Done. They Mayor has introduced many plans: Rebuild, Renew, Reinvent; Care, Community, Action; City of Yes; and Housing our Neighbors, to name a few. But the impact is in the implementation. Joining the podcast is First Deputy Mayor Sheena Wright, who talks about the Administration's GSD management approach, the City and State budgets, how the Mayor and Governor align on housing, and much more.
Statement
City Budget
Statement on NYC's FY 2024 Executive Budget PEG Directive
April 04, 2023
The City is right to initiate a PEG—a Program to Eliminate the Gap—for the Executive Budget. This action is timely, if not overdue.
Testimony
Housing
Testimony on the New York City Housing Authority and the City's Preliminary Fiscal Year 2024 Budget
New York City Council Committee on Public Housing
March 13, 2023
To balance its budget and fund its basic operations, NYCHA was increasingly reliant on City subsidies and non-recurring funding sources.
Blog
Housing
Building the Housing We Need
State Proposes Cost-Effective Strategies to Boost Production, Increase Affordability
March 01, 2023
Governor Kathy Hochul proposed a package of bills intended to double New York’s housing production rate to create 800,000 new units over the next decade.
Testimony
Housing
Testimony on the Residential Conversion of Commercial Buildings
Submitted to the New York City Council Committee on Land Use
February 28, 2023
Even though New York City’s economy and real estate market are both much stronger today than they were in the early 1990s, the history of 421-g remains relevant.
Statement
Public Workforce
Statement on the New York City–District Council 37 Tentative Contract Agreement
February 17, 2023
The tentative contract announced today provides raises that are very reasonable given recent and anticipated inflation. The great challenge is how the City will pay for them.
Op Ed
Housing
How New York Can Build Housing
New York Daily News
January 19, 2023
Solving New York’s housing crisis requires decisive action to catalyze faster development of hundreds of thousands of new homes.
Statement
City Budget
Statement on the New York City Fiscal Year 2024 Preliminary Budget
January 12, 2023
Much more aggressive action is needed to stabilize future budgets, hedge against a looming recession, and improve the quality and efficiency of services.
Blog
City Budget
What to Look for in the NYC Fiscal Year 2024 Preliminary Budget
January 11, 2023
New York City’s mid-to-long-term outlook is precarious and acting now is key to long-term stability.
Testimony
Public Workforce
Testimony on the New York City Health Insurance for Employees and Retirees
Submitted to the New York City Council Committee on Civil Service and Labor
January 09, 2023
With health insurance costs budgeted to increase at a rate of 8.5 percent between fiscal years 2023 and 2026, efforts to restrain the City’s costs are critical.
Statement
Taxes
CBC Convenes Special Committee to Focus on Federal Tax Cuts
December 21, 2017
The Special Committee consists of CBC trustees, civic leaders, and policy experts, and will identify the greatest impacts and options for appropriate state and local government action.
Podcast episode
City Budget
2.7%, with Alex Heil
December 20, 2017
2.7% is the economic growth forecast for 2018 in the Port Authority’s 17-county region, which encompasses more than 200 municipalities. The Port Authority's Chief Economist Alex Heil joined WT[D]P to discuss the economic and transportation trends that impact the Port's bottom line.
Report
Housing
NYCHA Capital
What You Need to Know
December 20, 2017
Part 1 of our analysis reviews NYCHA's capital needs and spending patterns over the last 5 years.
Podcast episode
City Budget
1996, with Chris Jones
December 14, 2017
1996 is the last time a comprehensive regional plan was issued by the Regional Plan Association. Special guest Chris Jones, Senior Vice President and Chief Planner at RPA, joined the podcast to discuss the 4th Regional Plan, which was released last month. The plan contains 61 separate recommendations in four action areas that represent major challenges and areas of opportunity.
Podcast episode
City Budget
10 years, with Michael Jacobson
December 06, 2017
10 years is the amount of time the de Blasio administration says it will take to shut down Rikers Island.Special guest Michael Jacobson is the executive director of the CUNY Institute for State and Local Governance. He was once the City's Correction Commissioner as well as the Probation Commissioner. He is a member of the Lippman Commission, convened by the City Council to solve the crisis at Rikers. Michael joined the podcast to discuss the Commission's findings--namely to close Rikers and move the inmates to facilities near courthouses and civic centers throughout the boroughs.
Podcast episode
City Budget
$26 billion, with Martha Stark
November 30, 2017
$26 billion is the amount of property taxes the City will collect this fiscal year-- it is the largest single source of revenue that funds NYC government. Special guest Martha Stark is a former Commissioner of the Department of Finance. She joined the podcast to discuss the complexities of the system for valuing and taxing real property and explained why reform is badly needed.
Statement
City Budget
Statement on the NYC November 2017 Financial Plan Modification
November 21, 2017
We await January's plan to indicate how the Administration intends to address potential storm clouds on the horizon and to fund new initiatives the Mayor has discussed.
Podcast episode
City Budget
44 days, with NYC Council Member Daniel Garodnick
November 16, 2017
44 is the number of days left in term-limited Council Member Daniel Garodnick's tenure. Council Member Garodnick has been a voice of reason in the City Council, having raised important questions about the city budget, economic development, and contracts. He chairs the City Council's Committee on Economic Development, is on the budget negotiating team, and in his final months has been fighting to pass reform of the commercial rent tax.