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Special Feature
City Budget
Did You Know?
NYC FY 2025 Executive Budget Edition: Spending Growth [1]
May 01, 2024
The NYC Fiscal Year 2025 Executive Budget proposes to increase City-funded spending 6.3 percent, or $5.2 billion, from fiscal year 2024 to fiscal year 2025.
Statement
City Budget
Underbudgeting Still Clouds City’s Fiscal Picture, Even with Expanding Economy
April 24, 2024
While an expanding economy brightens the revenue outlook, low-balled expenditures still cloud the City’s fiscal picture.
Special Feature
City Budget
FAQ NYC: ‘Don’t Fudge It in the Budget’
The CITY's Podcast
April 22, 2024
Citizens Budget Commission President Andrew Rein joins hosts Katie Honan and Harry Siegel to break down what we know about the nearly quarter-trillion-dollar State budget that just dropped, weeks late, what to expect from the city's ongoing budget negotiations, and much more.
Statement
State Budget
Statement on Medicaid/Managed Care Tax Proposal in NYS Budget Talks
March 26, 2024
The proposal to levy a new tax on Medicaid and other managed care plans to leverage $4 billion of federal money relies on speculative, temporary revenue to seed permanent spending increases.
Podcast episode
Taxes
151,700, with Maria Doulis
January 31, 2024
151,700 is the net loss of New York personal income tax filers in 2020 and 2021. Was this primarily due to the pandemic? CBC is relaunching its podcast with a focus on policy discussions, starting with the podcast's founder and CBC alum Maria Doulis, Deputy New York State Comptroller for Budget and Policy Analysis. Tune in as we explore the challenge of retaining and attracting more New Yorkers.
Podcast episode
Energy & Environment
85%, with Doreen Harris and Basil Seggos
January 26, 2024
85% is the amount New York State must reduce greenhouse gas emissions by 2050. The State’s Cap-and-Invest program is a key strategy to cap and reduce emissions, auction emission rights, and invest proceeds in energy transition. Doreen Harris, President and CEO of NYS Energy Research and Development Authority, and Basil Seggos, Commissioner of NYS Department of Environmental Conservation, joined CBC to discuss Cap-and-Invest, and much more.
Video
Energy & Environment
Conversation with Doreen Harris and Basil Seggos
A CBC Event
January 25, 2024
Doreen M. Harris is the president and CEO of NYSERDA and Basil Seggos is the NYS DEC Commissioner. They joined CBC Trustees for a far-reaching discussion of the State’s environment policies and programs.
Statement
City Budget
Statement on the New York City Fiscal Year 2025 Preliminary Budget
January 16, 2024
While Mayor Adams leveraged strong revenues and wisely implemented two rounds of PEG savings to balance the Preliminary Budget, many more hard choices are still needed to stave off a fiscal reckoning.