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Letter
State Budget
Importance of Immediately Publishing Financial Plan Tables
A Letter to Governor Hochul
May 02, 2024
Weeks after announcing the budget agreement, New Yorkers still do not know most of the basics about how their money is being spent and the future implications of decisions made while enacting the budget.
Letter
State Budget
Publish Basic Financial Tables with Budget Agreement
A Letter to Governor Hochul, Senate Majority Leader Stewart-Cousins and Assembly Speaker Heastie
March 27, 2024
When the budget agreement is reached this year, we urge you to publish basic, multi-year financial plan tables along with the budget bills.
Letter
State Budget
Watchdog Groups Thank Legislative Leaders for Rejecting Extraordinary Powers in Exec Budget; Urge Them to Hold Firm
A Letter to Senate Majority Leader Stewart-Cousins and Assembly Speaker Heastie
March 25, 2024
We write to urge you to hold firm on rejecting the extraordinary budget powers during negotiations and ensure that they are omitted from the enacted budget.
Letter
State Budget
Watchdog Groups Urge Legislators to Publish Basic Financial Tables with One-House Proposals
February 26, 2024
We urge Legislators to publish basic, multi-year financial plan tables with their proposals to for the Fiscal Year 2024 Enacted Budget.
Letter
State Budget
Watchdog Groups Urge Legislators to Omit Extraordinary Budget Powers in One-House Proposals
A Letter to State Legislative Leaders
February 20, 2024
Reject proposal in Fiscal Year 2025 Executive Budget that gives the Governor extraordinary powers to spend and borrow unilaterally and without oversight by the Comptroller.
Video
State Budget
Conversation with Blake Washington, NYS Budget Director
A CBC Event
February 15, 2024
Blake G. Washington is the Budget Director for the State of New York, and he joined CBC Trustees for an in-depth look at the State’s fiscal picture.
Op Ed
City Budget
Taking Control of New York’s Budgetary Future
Vital City
January 25, 2024
Budget season kicked off with an Albany-New York City doubleheader last week, with brightening skies in both places thanks to proactive efforts to cut costs (especially in the city) and a resilient economy that is bringing in higher-than-projected tax receipts.
Blog
State Budget
What to Look for in New York State’s Fiscal Year 2025 Executive Budget
January 11, 2024
With Governor Kathy Hochul having delivered her State of the State address and the Legislature convened, attention in Albany now turns to the Fiscal Year 2025 Executive Budget—due in just a few days.
Letter
State Budget
Publish More Detailed, Monthly State Budget Withholding and Advanced Payment Information
December 22, 2020
The State should disseminate timely and detailed information about the withholding of funds.
Blog
City Budget
Federal Aid—Needed, But Unlikely to Solve New York State’s and New York City’s Fiscal Problems
A Look Back at Stimulus Funding During the Great Recession
December 01, 2020
Even with considerable additional federal aid the State and City still will have to implement significant actions.
Letter
State Budget
Groups Urge Governor to Consider Reform of Scaffold Law
A Letter to the Governor
November 16, 2020
While it may have served a purpose prior to enactment of today’s comprehensive worker protections, New York should trust the modern approach to worker safety.
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.
Blog
Taxes
Let a Sleeping Tax Lie
New York Should Reject Proposals to Reinstate the Stock Transfer Tax
November 09, 2020
If the rebate were eliminated, essentially putting the tax back into effect, New York would become the only state to impose such a tax on the sale and transfer of stock.
Op Ed
Taxes
Don’t Bring Back the Stock Transfer Tax
City & State
October 23, 2020
It could drive business out of New York and won’t live up to revenue projections.
Op Ed
Energy & Environment
Align Our Fiscal Policies to Meet Our Climate Goals
September 25, 2020
The concurrent public health, economic and fiscal crises serve as stark reminders of the need to prepare for the future and potential risks.
Letter
State Budget
Groups Urge State to Release a Specific Plan for Closing FY 2020-2021 Budget Gap
September 23, 2020
We write to urge you to release a specific and detailed plan for closing New York State’s fiscal year 2020-2021 $9 billion budget gap.
Blog
State Budget
Flipping the Switch
Difficult Fiscal Decisions Compound as State Shifts from Spending Growth to Cuts
July 15, 2020
Flipping the switch from robust spending growth to spending cuts will require making significant hard choices to balance the budget and reduce future fiscal gaps.
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
State Budget
New York Taxes: Layers of Liability
June 25, 2020
Any consideration of tax increases should include the impact on State and local economic competitiveness
Letter
State Budget
CBC Strongly Urges Amendment of Rainy Day Fund Bill
A Letter to State Legislative Leaders
May 26, 2020
CBC has championed the creation of a well-designed RDF for NYC; however, this bill fails to place essential restrictions on the use of the RDF, and should be amended to add those restrictions.