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Blog
Transportation
Watch the (MTA Budget) Gap!
Operating Budget Is Worse Than It Appears
August 07, 2019
The MTA's 2020 Preliminary Budget and four-year financial plan reveals an alarming fiscal outlook.
Letter
Transportation
MTA Should Reconsider Proposed Rule Regarding Debarment
Comment on Rule I.D. No. MTA-23-19-00006-EP
August 02, 2019
CBC urges the MTA to reconsider the proposed rule regarding five-year debarment of contractors.
Letter
City Budget
Rainy Day Fund Ballot Proposal to Amend the City Charter
A Letter to the Charter Revision Commission 2019
July 05, 2019
Creating a Rainy Day Fun fund would protect New Yorkers from potentially harmful service cuts and tax increases.
Blog
City Budget
When the Smoke Clears
Despite Continued Economic Strength, NYC Spent More Than It Received in 2019
June 30, 2019
The City’s spending obligations in fiscal year 2019 were $255 million greater than the revenues collected. How is this possible when State law and the City Charter require balanced budgets?
Video
City Budget
Breakfast with NYC Comptroller Scott Stringer
June 27, 2019
At a fireside chat with CBC President Andrew Rein, NYC Comptroller Scott Stringer discussed City fiscal policy, the need for rainy day reserves, and how to promote New York City’s competitiveness, among other topics.
Video
City Budget
Melanie Hartzog, NYC Budget Director
CBC Breakfast Series
May 17, 2019
OMB Director Melanie Hartzog presented the New York City Executive Budget to CBC Trustees and to answered important questions.
Video
Transportation
Switching Gears: A New Way to Fund Transportation
A Panel Discussion
May 14, 2019
The Rockefeller Institute of Government and CBC hosted "Switching Gears: A New Way to Fund Transportation," a presentation and expert panel discussion on the vehicle-miles travel (VMT) fee.
Video
Transportation
Citizens’ Group Exploring ‘Vehicle Miles Traveled Fee’ To Help Pay For Fixing NY Roads
CBS New York
May 13, 2019
A new report by the Citizens Budget Commission says New York needs $5.7 billion to keep roads in “good repair.”
Blog
Taxes
Follow the Money
The MTA’s New Revenues
April 05, 2019
The NYS Adopted FY 2020 Budget directs three revenue sources to support the MTA. This blog clarifies what the revenue streams are and how they will flow to the lockbox.
Video
Health Care
Dr. Mitchell Katz, President & CEO of NYC Health + Hospitals
CBC Breakfast Series
April 01, 2019
Dr. Mitchell Katz joined CBC to discuss his transformation plan to improve H+H's fiscal stability.
Video
Transportation
CBC Report on NYC Ferry and Subsidies
Fox 5 News
March 30, 2019
According to a CBC report, the number of NYC Ferry passengers for all of last year is less than the number of passengers who ride NYC subways in just one day. Mayor de Blasio defends the ferry service & says it’s a long-term investment.
Video
Transportation
Report Slams High Subsidy Cost for Running NYC Ferry Service
Specrum News NY1
March 29, 2019
A new study by the Citizens Budget Commission finds that each trip costs taxpayers $10.73. That's more than 10 times the subsidy for a trip on the subway at $1.05.
Letter
City Budget
Testimony Follow up: Letter to the Charter Revision Commission
Borough President Capital Budget Role
March 26, 2019
CBC's proposal to focus the Borough President capital budget role on identifying needs and providing recommendations.
Blog
Taxes
Pied-à-Terre Tax
Appealing but Problematic
March 13, 2019
The pied-à-terre tax is appealing politically because it is levied on wealthy people with means to pay and nonresidents who do not vote. Nevertheless, it is problematic for several reasons.
Blog
Housing
Six Guidelines for NYCHA's New Federal Monitor
March 08, 2019
The federal monitor is tasked with ensuring that NYCHA will remediate its most pressing physical issues, including lead, mold, broken elevators, and other deficiencies.
Blog
City Budget
PEGging It Right
Guidelines for the PEG Process
March 05, 2019
For the first time since taking office, Mayor Bill de Blasio has announced plans to implement a Program to Eliminate the Gap (PEG), which requires agencies to generate savings through expense reductions or revenue enhancements. The de Blasio administration previously eschewed PEGs in favor of Citywide Savings Plans (CSPs); in contrast to the PEG, agency participation in the CSP was voluntary. Pursuing a PEG presents both a challenge and an opportunity. This blog proposes three guidelines for the process: 1) identify significantly more than $750 million in savings, 2) encourage recurring savings through efficiency, and 3) follow agencies’ leads.
Blog
City Budget
NYC Revenues in a Recession
Quantifying the Potential Shortfall
February 26, 2019
The potential shortfall from a recession comparable to the last two recessions could be substantial: between $15 billion and $20 billion below projections over three years.
Letter
Transportation
Hold Public Confirmation Hearings for MTA Vacancies
A Letter to Majority Leader Andrea Stewart-Cousins
February 20, 2019
We write to ask that the State Senate conduct confirmation processes for appointees to the Metropolitan Transportation Authority (MTA) through public hearings.
Blog
Health Care
Medicaid Supplemental Payments
State Workgroup Makes Limited Progress on Part of the Problem
February 15, 2019
New York State’s $78 billion Medicaid program includes $5.3 billion of “supplemental payments”. These supplemental payments are crucial to hospitals across the state, especially those largely serving uninsured and Medicaid populations.
Blog
Transportation
Principles for Congestion Pricing
February 13, 2019
Motorists should pay a greater share of the costs of mass transit to offset the negative impacts of auto use. CBC recommends five principles to guide the crafting of a congestion pricing program