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Podcast episode
City Budget
8, with Emma Wolfe
December 16, 2021
8 is the number of years Bill de Blasio has been Mayor of New York City. Joining the podcast to look back on those years is Emma Wolfe, Chief of Staff and Deputy Mayor for Administration. Emma has been a top staff member and strategist for Bill de Blasio since 2010, starting as Chief of Staff when he was elected Public Advocate, and has been involved with nearly every mayoral initiative and decision of his administration.
Podcast episode
City Budget
47, with NYC Comptroller-Elect Brad Lander
November 19, 2021
47 is the number of people who will have held the office of NYC Comptroller once Brad Lander is sworn in on January 1, 2022. At a breakfast with CBC Trustees, President Andrew Rein sat down for a wide-ranging conversation with the Comptroller-elect, covering subjects including risks to New York’s budget, contracting reform, rezoning, and the need to fix the property tax system.
Op Ed
City Budget
A Big Budget Briefing for Eric Adams
New York Daily News
November 16, 2021
Upon getting elected, Mayor-elect Eric Adams vowed to “get stuff done.” Adams’ focus on delivering core services and managing the budget is exactly right.
Report
Energy & Environment
4 Facts About New York’s Transportation Emissions
November 11, 2021
As the State implements policies to meet these ambitious targets, shrinking emissions from transportation will be vitally important.
Report
City Budget
Getting the Basics Right
Fiscal, Managerial, and Policy Priorities for Recovery, Stability and Prosperity
November 08, 2021
To ensure that New York recovers, stabilizes, and ultimately thrives, the incoming Administration should set and implement fiscal, managerial, and policy priorities that will boost the city’s economy and competitiveness, and provide the services and opportunities necessary for New Yorkers to flourish.
Special Feature
City Budget
Jobs Recovery Sluggish
The COVID-19 Recession is Different
November 04, 2021
NYC private-sector employment data show how the City’s economy has grown and changed since the 1990s and provide significant insight into how the City is faring during the COVID-19 pandemic and recession. CBC will be updating the figures and data quarterly to track the City’s recovery.
Report
State Budget
Spending Growth Resumes, Fiscal Cliff Looms
NYS Operating Funds Spending FY 2021 through FY 2025
October 21, 2021
These accounting maneuvers obfuscate the State’s true fiscal picture.
Op Ed
State Budget
Our New Governor’s Budget-Balancing Act
New York Daily News
September 01, 2021
Tackling these crises requires swift action. It is encouraging to hear Hochul emphasize performance and transparency. Her next step should be to convert those pledges into action.
Report
Energy & Environment
Balancing Incentives to Maximize Emission Reduction
Recommendations on Local Law 97 Implementation
August 26, 2021
To meet LL97’s emissions reductions goals most cost-effectively, DOB, in consultation with the advisory board, should tailor the policy and compliance rules to provide building owners the most cost-effective compliance paths.
Podcast episode
Economic Development
$150 million, with Alicia Glen
July 23, 2021
$150 million is the amount of capital funding NYC has committed toward the creation of a Center for Climate Solutions on Governors Island. Joining the podcast to discuss this and other plans for Governors Island is Alicia Glen, Chair of the Trust of Governors Island and the former Deputy Mayor for Housing and Economic Development.
Podcast episode
City Budget
$103.3 billion, with Comptroller Scott Stringer
July 09, 2021
$103.3 billion is the total amount of spending authorized by the City Council for Fiscal Year 2022. While officials call it a budget of $98.3 billion, the larger figure reflects the full amount to be expended, including $6 billion available from the prior year due to higher than expected tax receipts and federal aid. Joining the podcast to discuss the adopted budget is NYC Comptroller Scott Stringer.
Podcast episode
State Budget
$209 billion, with State Senator Liz Krueger, E.J. McMahon, and Patrick Orecki
June 30, 2021
$209 billion is the total spending in New York State's Enacted Budget for Fiscal Year 2022. Six months ago, New York State was staring down a four-year revenue shortfall totaling $60 billion—however, revenues have strengthened and the federal government passed a stimulus bill that includes what may be the largest state and local government relief program in history. Still, the State decided to raise taxes, boost education aid, and fund a host of economic recovery programs. Joining the podcast are three guests to discuss what this means for the State's fiscal future: State Senator Liz Krueger, Senior Fellow at the Empire Center and Adjunct Fellow at the Manhattan Institute E.J. McMahon, and CBC's Director of State Studies Patrick Orecki.
Report
Transportation
The Track to Fiscal Stability
Operations Reforms for the MTA
May 25, 2021
Given the implementation challenges, saving the full $2.9 billion by 2024 may not be likely. Still, significant changes should be pursued—and achieved—if the MTA is to be on a fiscally sustainable path.
Report
City Budget
Federal Aid Now, Fiscal Cliffs Later
The Missed Opportunity for NYC Budget Stability
May 24, 2021
Greater detail is needed to address these shortcomings and facilitate the transparency and accountability that should accompany this historic level of resources and the opportunity they provide.
Op Ed
State Budget
Enough waiting for transparency
Albany Times Union
May 15, 2021
Ten years ago this week, Governor Andrew Cuomo’s Spending and Government Efficiency (SAGE) Commission opened a portal for New Yorkers to “suggest ways to improve the efficiency and quality of government services.”
Press Release
CBC News
Watchdog Groups Urge Senate and Assembly to Pass “Database of Deals” Transparency Law
May 11, 2021
The ESD Database of Economic Incentives includes only a fraction of State subsidies to businesses and does not contain crucial basic information.
Podcast episode
City Budget
$250 billion, CBC's Comptroller Candidate Forum
May 07, 2021
$250 billion—the assets held by the five pensions funds for which the New York City Comptroller is custodian, administrator, and investment advisor. But that's not the Comptroller's only responsibility. On today's special episode of "What's the [DATA] Point?" with an introduction from Ben and Andrew, listeners will hear CBC's "Comptroller Candidate Forum: Accountability, Not Just Accounting," which featured 13-minute conversations with each of six candidates: Brad Lander, Zach Iscol, Brian Benjamin, Michelle Caruso, Cabrera, Corey Johnson, and David Weprin. Each candidate shared how they plan to use the powers of the NYC Comptroller to serve the people of New York.
Op Ed
Public Workforce
Early Retirement Incentives for City Workers Is Foolhardy and Expensive
Crain’s New York Business
April 15, 2021
New York state has just authorized New York City to offer most civilian employees an incentive to retire early. The city should flatly reject this opportunity.
Podcast episode
Transportation
24/7, with Sarah Feinberg and Janno Lieber
April 01, 2021
24/7 is the number of hours and days New Yorkers traditionally have had access to the subway system. In response to the pandemic the MTA suspended overnight service to clean and disinfect the subway, giving riders the confidence they need to return to the system. The pandemic decimated revenue and ridership this past year, but with an infusion of federal funds and slowly returning ridership the MTA financial forecast has stabilized for the time being. However, they're still not out of the woods. Today's guests are two leaders who will chart and manage the course forward for the MTA: New York City Transit Interim President Sarah Feinberg, and MTA Chief Development Officer Janno Lieber.
Podcast episode
Transportation
800,000, with John Porcari
March 21, 2021
800,000 is the approximate number of daily passengers who travel on Northeast Corridor trains. The only rail link that connects New York and New Jersey is through a 110-year-old tunnel under the Hudson River. The Biden administration has pledged to move forward the Gateway Program―the planned, phased expansion and renovation of the Northeast Corridor rail line, including the aging tunnel. John Porcari, the founding interim Executive Director of the Gateway Development Corporation, joined the podcast to update listeners on the status of this critical infrastructure project.