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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
State Budget
2020 Vision
A Four-Pronged Approach to Focus on a Balanced, Transparent State Budget
January 09, 2020
As New York State aims to remedy the current year deficit and close next year’s budget gap, State leaders should be striving to prepare the State for the future.
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
State Budget
Review of New York State Fiscal Year 2009-2010 Budget
April 30, 2009
The CBC reviews and assesses the 9 bills that comprise the FY 2009-10 New York State Budget. The key points of this assessment include: 1) Spending remains high and few cuts were achieved; 2) no concessions were agreed to by public employee unions; 3) Large tax and fee increases help support the enlarged spending; 4) Temporary federal stimulus aid is relied upon to sustain recurring spending commitments, creating a risk of large future budget gaps; and 5) a few positive steps were taken to reduce wasteful or poorly targeted programs.
Statement
State Budget
Statement on Economic Development Database and Film Tax Credit in the Fiscal Year 2023 Enacted Budget
April 08, 2022
For too long New York has been a leader in economic development spending, but not a leader in economic development program results.
Blog
State Budget
Truth in (Financial Plan) Reporting
Will New York State’s Mid-Year Financial Plan Update Appropriately Reflect and Address the Medicaid Budget Shortfall?
November 05, 2019
The State must recognize actual and timely payments for the Medicaid program and explain how it will address the estimated $9 billion Medicaid budget shortfall.
Report
Education
A Better Foundation Aid Formula
Funding Sound Basic Education with Only Modest Added Cost
December 12, 2016
This report explains why Foundation Aid, a need-based State school aid program, was developed, what is wrong with it, and how to make it better.
Testimony
Education
Testimony on Education Proposals in Executive Budget for Fiscal Year 2021
Submitted to the New York State Joint Legislative Budget Hearing on Elementary and Secondary Education
February 10, 2020
The Executive Budget increases aid more than is needed to fund an SBE at a time when the State is proposing to close significant gaps.
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.
Blog
Economic Development
Shrink, Don’t Expand, the New York State Film Tax Credit
March 06, 2023
The current program already is overly generous compared to other states and should be phased out.
Report
Economic Development
Opportunity Zones In New York State and City
August 20, 2019
The Opportunity Zone program may amount to significant losses for both NYS and NYC before rising substantially in 2029.
Special Feature
Economic Development
Economic Development in the New York State Budget
June 14, 2017
Reporting is limited and differs by program. With $4.0 billion in annual state spending and tax expenditures, a significant investment is being made without enough information to evaluate its success.
Report
Education
The Challenge of Making Universal Prekindergarten a Reality in New York State
October 23, 2013
Is the expansion of pre-k programs to all three- and four-year-olds in New York worthwhile and cost effective?
Blog
State Budget
How to Address New York State's Revenue Shortfall
February 11, 2019
In the budget’s 30-day amendments to be released this week, the State should take and propose actions to close the current year and fiscal year 2020 gaps.
Video
Health Care
How to Insure 1 Million New Yorkers
A Panel Discussion with Leading Experts
March 04, 2022
More than 1 million New Yorkers remain uninsured; narrowing the coverage gap would reduce morbidity and mortality and improve economic security. This discussion will open with a presentation of the CBC and CSS report, Narrowing New York's Health Insurance Coverage Gap, followed by a discussion with health care, health insurance, labor and Executive branch leaders.
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.
Letter
State Budget
Recommendations for Legislative Action on the Fiscal Year 2023 NYS Executive Budget
Letter to the State Legislature
March 03, 2022
The Executive Budget commendably proposed a financial plan that is balanced over the next five years and builds significant reserves, which will be critical to stabilize New York during the next recession or emergency.
Blog
Health Care
Improving the Way New York Pays for Medicaid
January 24, 2012
Governor Andrew Cuomo’s budget proposals for fiscal year 2012-13 include an important first step towards fixing a longstanding flaw in the way New York pays for its Medicaid program.
Letter
State Budget
Recommendations for FY 2009-2010 State Budget
February 02, 2009
This letter to the state legislature suggests two strategic directions to guide budget policy and offers a roadmap that avoids harmful tax increases and makes spending better serve New Yorkers by suggesting reforms in five key areas: Medicaid, school aid, correctional facilities, public employee benefits, and programs like STAR and Empire Zones.
Blog
Health Care
Maintaining Momentum on Medicaid Redesign
March 27, 2020
To ensure a sustainable Medicaid program that can help New Yorkers most in need in the future, the Executive and Legislature should continue the course correction started by the MRT, especially as they enact a budget during these troubled times.