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Statement
Transportation
Statement on the MTA’s 2021 Final Proposed Budget and November Financial Plan for 2021-2024
November 18, 2020
Today’s financial plan update lays bare the MTA’s dire fiscal situation.
Blog
City Budget
A $3 Billion Problem
Homeless Services in New York City
May 24, 2018
Despite multipronged concerted efforts, the dramatic growth in City spending on homeless services has not reduced the number of people in shelters, and homelessness remains a serious problem.
Statement
City Budget
Statement on the New York City Fiscal Year 2023 Budget Agreement
June 10, 2022
While the budget funds priorities and takes some steps to save for a future recession and stabilize the budget, it misses the opportunity to make a substantially higher RDF deposit and massively increases spending to a level not sustainable over time with City revenues.
Op Ed
State Budget
Better ways to balance state budget than stock transfer tax
Letter to the Editor
July 06, 2020
The state has other options to balance its budget.
Blog
City Budget
Charter Revision 2019
Clearing Out the Clutter
December 14, 2018
The 2019 Commission will avoid the shortcomings of recent commissions if it stays true to its stated criteria and pursues Charter revisions that simplify and update the document.
Blog
City Budget
NYC FY2021 Adopted Budget
Short-Term Balance, Long-Term Challenge
July 21, 2020
After tense negotiations and a close vote ending early morning July 1, the City adopted an $88.2 billion budget for fiscal year 2021.
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.
Statement
State Budget
Statement on the NYS FY2019 Budget
March 31, 2018
The budget gap will be closed using short-term measures instead of restraint in and reform of spending commitments.
Report
State Budget
New York State's Hard Choices
Next Steps to Address Fiscal Stress
May 22, 2020
Applying the CBC" Hard Choices Framework shows the State has options that would not require such steep cuts to balance the FY 2021 budget and reduce future gaps.
Letter
Housing
NYCHA's Project Labor Agreement Needs Evaluation
A Letter to the Mayor and NYCHA Chair
March 05, 2018
Has the PLA between NYCHA and the BCTC delivered on expected savings? An evaluation is needed before any decision to renew the PLA.
Press Release
State Budget
CBC Releases Strategy for Closing NYS Budget Gap
May 22, 2020
CBC released a report outlining the hard choices NYS leaders should make to close the FY 2021 budget gap.
Report
City Budget
Short-term Goals for Long-term Debt
Time to Prioritize Reducing New York City’s Liabilities
September 18, 2018
Paying down the City's debts should be a greater priority.
Blog
Taxes
Getting Into the Weeds About Potential Recreational Marijuana Revenues
November 16, 2020
State leaders should be cautious about relying on these potential revenues to help close budget gaps.
Statement
State Budget
CBC Statement on Governor Hochul's 2022 State of the State Address
January 05, 2022
In her first State of the State address today, Governor Kathy Hochul laid out an expansive recovery and policy agenda, and presaged elements of the budget she will release by January 18th.
Report
Transportation
4 Things You Should Know About the MTA's Commuter Railroads
April 18, 2018
The Long Island Rail Road is much more inefficient than Metro-North. Here's why.
Video
CBC News
90th Annual Gala
Videos, Photos, and Transcripts
June 13, 2022
The 90th Annual Gala was held on June 2, 2022, and honored former Municipal Assistance Corporation Chair Eugene Keilin
Blog
State Budget
Don’t Get Too High on Potential Marijuana Revenues
December 13, 2018
There is significant revenue potential from the marijuana industry, but research suggests that many months or years of careful planning precede consistent revenues.
Letter
Transportation
Coalition of Advocates in Support of Congestion Pricing
Letter to the Governor
June 23, 2022
The goals of congestion pricing when the legislation was passed in 2019 are now more pressing than ever.
Press Release
CBC News
CBC Delivers Testimony on NYC’s Spending of Federal COVID-19 Relief Funds
November 07, 2022
Today CBC Vice President for Research Ana Champeny will deliver testimony on the $25 billion in federal COVID-19 relief funds
Blog
State Budget
Hold Your Bets
Four Guidelines for Legalized Sports Betting in New York State
September 05, 2018
State leaders should consider these four guidelines as they decide whether and how to expand sports betting in New York.