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Report
Economic Development
Opaque and Duplicative
Local Economic Development in New York State
October 30, 2017
Industrial Development Agencies (IDAs) and Local Development Corporations (LDCs) should be consolidated at the regional level and their reporting requirements strengthened.
Report
Capital Spending
Bridging the Financial Gap
Funding the Governor Mario M. Cuomo Bridge
October 12, 2017
Tolls for the new Governor Mario M. Cuomo Bridge have not been released yet, but based on construction costs, CBC estimates it will be approximately $10 for cars, double the current rate.
Blog
State Budget
California Dreaming
NY Should Build Reserves to Prepare for a Rainy Day
March 12, 2018
California is a leader in funding reserves for a rainy day--New York State should follow its example.
Blog
Education
Governor’s Education Proposal Pierces Cap And Lacks Needed Reforms
February 20, 2018
The NYS FY2018-2019 Executive Budget increases school aid by $769 million, or 3 percent, to $26.4 billion- twice the increase allowed by the school aid cap.
Op Ed
Economic Development
The State Budget Keeps Wasting Economic Development Cash
City & State
April 06, 2018
As the New York state budget was being adopted by the Legislature this weekend, some legislators objected to a $3 million appropriation for an upstate luxury golf tournament deemed to be an economic development initiative.
Testimony
Pensions & Benefits
Testimony on Health Care Savings Under Recent Collective Bargaining Agreements
Delivered to NYC Council Committees on Finance and Civil Service
February 26, 2016
CBC has been monitoring New York City's efforts to find health savings. CBC has long advocated negotiating changes to health insurance as part of collective bargaining and applauded the labor-management agreement that committed to meet annual savings targets.
Press Release
State Budget
CBC Releases Comprehensive Analysis of Governor Cuomo's Two Terms in Office
October 18, 2018
The CBC released a comprehensive analysis of the major demographic, economic, and fiscal trends in New York State since Governor Andrew Cuomo assumed office on January 1, 2011.
Testimony
Economic Development
Testimony on Regular Evaluation of Tax Expenditures
Submitted to the New York City Council Committee on Finance
September 22, 2016
The impact of tax expenditures should be regularly assessed to determine whether they are inducing behavior or subsidizing activity that would happen anyway.
Blog
Pensions & Benefits
Legislature Introduces Even More Benefit Sweeteners
May 18, 2016
The State Legislature has introduced 8 new bills to enhance the benefits of State and local public employees and retirees in the 2016 session.
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.
Press Release
Pensions & Benefits
CBC Issues Report Detailing The Unsustainable And Growing Burden Of New York City's Other Post-Employment Benefit Debt
October 25, 2017
NYC's Other Post-Employment Benefits (OPEB) amounts to $95 billion. New policies should be implemented to reduce the financial burden on future generations.
Press Release
Economic Development
CBC Report On BIDs Calls For Increased Oversight And Transparency
November 02, 2017
CBC examined the process for setting assessment fees, their uses, and the city’s oversight of BIDs, and recommends increased public review and performance evaluation.
Op Ed
Economic Development
New York needs better return on economic investments
Albany Times Union
January 17, 2018
While upcoming corruption trials may provide a revealing behind the scenes look at state operations, they should not distract from the pressing need to reform the state's approach to economic development in this legislative session.
Report
Health Care
Medicaid Supplemental Payments
The Alphabet Soup of Programs Sustaining Ailing Hospitals Faces Risks and Needs Reform
August 31, 2017
$5 billion in annual supplemental payments are important to the finances of many hospitals. Federal policy will shrink these payments; the impact will be most severe for NYC municipal hospitals.
Testimony
City Budget
Testimony Examining Health Care Savings Under Recent Collective Bargaining Agreements
Delivered to the NYC Council Committee on Finance
April 01, 2015
Savings that would have normally been reserved for general budget needs—such as funding libraries or maintaining public parks—and are attributable to a national slowdown in health care costs, are now being credited to the health savings agreement.
Report
Economic Development
Economic Development Scorecard
2018 New York State Bill Tracker: May Update
May 08, 2018
New York State’s annual investment in economic development exceeds $4 billion, without sufficient disclosure of how the money is spent and what results are achieved.
Report
Economic Development
Economic Development Scorecard
2018 New York State Bill Tracker
April 26, 2018
Testimony
Pensions & Benefits
The Health Care Savings Agreement: A Look Back and a Look Forward
Testimony Submitted to the New York City Council Committees on Finance and Civil Service and Labor
November 29, 2018
Savings to health benefit expenditures are crucial to attaining labor settlements that are fair and reasonable for both City employees and taxpayers.
Report
Economic Development
Economic Development Scorecard
2018 New York State Bill Tracker
June 22, 2018
91 bills active in this session would create and expand economic development programs. Until reform is enacted, these bills should be halted.
Blog
State Budget
The Reality of New York State’s Future Surpluses
January 15, 2015
Explains the "aspiration" surpluses in the State's FY2016 budget proposal and what is needed to achieve the savings.