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Podcast episode
Transportation
$1.5 trillion, with the MTA's Janno Lieber and Jamie Torres-Springer
December 19, 2023
$1.5 trillion is the MTA’s total asset value—the trains, buses, yards, and stations...all the infrastructure moving New Yorkers round the clock. At a recent CBC event, MTA Chair and CEO Janno Lieber and President of Construction and Development Jamie Torres-Springer discussed congestion pricing, fare evasion, congestion pricing, state of good repair, the future of Penn Station, and more.
Report
Energy & Environment
Keys to a Cap-and-Invest Design That’s Earth- and Economy-Focused
Recommendations for a Cost-Effective Program to Meet New York's Ambitious Climate Goals
November 28, 2023
While NYCI provides a great opportunity to reduce emissions in a cost-effective manner and fund critical investments strategically, its success depends on it being well designed and implemented.
Report
Transportation
What to Look for in the MTA’s November 2023 Financial Plan
November 27, 2023
While the budget outlook is positive, caution is warranted. The MTA and stakeholders should closely monitor ongoing results because certain risks threaten its projected revenue and expenses.
Report
State Budget
The Mid-Year Check-in
Six Takeaways from the NYS Financial Plan Update and Quick Start Budget Report
November 20, 2023
The fiscal news of the last three weeks makes one thing clear: This year’s budget process will be unlike those of recent years.
Statement
State Budget
Watchdogs: State’s “Quick Start” Budget Meeting Is Good Government
Sensible for Governor, Comptroller, Senate, and Assembly to Seek Consensus on State Revenues before Starting Debate on Spending
November 14, 2023
“Quick start” is a common-sense way to increase transparency and keep the budget centered on spending priorities instead of bickering over projected revenues.
Statement
State Budget
Statement on New York State’s Mid-Year Update to the Fiscal Year 2024 Financial Plan
October 30, 2023
While the Midyear Update clearly includes some good news, the State is still far from out of the woods.
Op Ed
State Budget
State budget gaps are coming. The time to address them is now.
Albany Times Union
October 20, 2023
With temporary funding boosts petering out, New York must curtail spending growth to head off painful cuts later.
Podcast episode
Economic Development
4.67 million, with Andrew Kimball
October 05, 2023
4.67 million is the total number of jobs in New York City, just shy of employment pre-pandemic. Though the economy is stable and employment generally strong, challenges remain. The economy is undergoing longer term transformation including remote work, which will affect our labor market and commercial real estate, and the City faces proximate challenges with the influx of new migrants and asylum seekers. NYC EDC's President and Executive Director joined CBC to discuss the Administration’s economic growth strategy, projects ranging from Willets Point to SPARC Kips Bay, the green economy and offshore wind, soccer, ferries, and more.
Statement
Transportation
Statement on the MTA’s Twenty-Year Needs Assessment for 2025-2044
October 04, 2023
The MTA's Twenty-Year Needs Assessment for 2025-2044 (TYNA) importantly lays bare the transit system’s precarious state of repair.
Report
Transportation
Needs and Wants
What to Look for in the MTA's Twenty-Year Needs Assessment
September 21, 2023
Based on analysis of past needs assessments, this report recommends how the MTA should improve its forthcoming Twenty-Year Needs Assessment.
Special Feature
Education
Mapping School Aid by District
School Year 2023-24
September 06, 2023
The series of maps below provide district-level data on the distribution of school spending, State school aid, enrollment change, and other data for school year 2023-24.
Report
Economic Development
11 Billion Reasons to Rethink
New York's Increasing Economic Development Spending
July 20, 2023
Despite improved disclosure about individual projects, State and local economic development spending continues to increase without sufficient evidence that these programs cost-effectively create jobs or are more beneficial than alternative uses of the funds.
Podcast episode
Economic Development
50,000, with Hope Knight
June 29, 2023
50,000 is the number of jobs New York State expects to be created over the next 20 years by attracting Micron to central New York with $7.2 billion of incentives. New York has long been a leader in economic development, with the State and localities offering tax incentives and spending totaling over $10 billion a year. Joining the podcast to discuss the Micron deal, workforce development, the film tax credit, Penn Station, and what analysis is done to show these investments are worth the cost is Hope Knight, President, CEO & Commissioner of Economic State Development.
Report
State Budget
Making Hay While the Sun Shines
A Plan to Strengthen New York State’s Rainy Day Fund
June 28, 2023
Today we are left playing catchup with the threats of storm clouds looming on the horizon.
Statement
State Budget
Statement on the NYS Fiscal Year 2024 Enacted Budget Financial Plan
June 12, 2023
NYS's Enacted Budget Financial Plan reveals that the State’s future budget gaps have doubled to $9.1 billion just next year and $13.4 billion in fiscal year 2027.
Report
Housing
Uncertain Future, Urgent Priority:
Fix NYCHA's Operating Budget Now
May 19, 2023
rapidly rising costs and flagging rent collections have combined to widen budget gaps, leaving NYCHA increasingly reliant on City subsidies and other non-operating resources to fund its basic operations.
Op Ed
Transportation
Labor and the MTA Must Work Together to Improve the Nation's Largest Transit System
City & State
May 17, 2023
With the TWU 100’s contract expired, there’s an opportunity for both sides to work together to improve service for New Yorkers.
Podcast episode
State Budget
70+, with Kathryn Garcia
May 09, 2023
70+ is the number of agencies and authorities that report through New York State's Deputy Secretaries to New York's Director of State Operations and Infrastructure, Kathryn Garcia. She joined the podcast at a critical time for our State's economy, and after the $229 billion budget was passed by the Legislature one month into the fiscal year. Listen as we learn how the State tries to solve our housing crisis, face our environmental crises, educate our children, and ensure workers and businesses thrive within New York, and much more.
Statement
State Budget
Statement on the NYS Fiscal Year 2024 Enacted Budget
May 02, 2023
More than a month late, New York State’s elected leaders are finally enacting the Fiscal Year 2024 Budget.
Statement
State Budget
Statement on the NYS Fiscal Year 2024 Budget Conceptual Agreement
April 28, 2023
Four weeks late, Governor Hochul announced the State’s leaders have agreed to a framework for the Fiscal Year 2024 Budget.