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Testimony
City Budget
Testimony on New York City Police Department's Fiscal Year 2023 Preliminary Budget
Submitted to the City Council Committee on Public Safety
March 18, 2022
Earlier today, CBC released an analysis of the NYPD’s budget that identified six major fiscal takeaways
Podcast episode
State Budget
$0, with Robert Mujica
March 18, 2022
$0 is the size of the New York State budget deficit in each year of New York State’s five-year Executive Budget financial plan, as proposed by Governor Kathy Hochul. The Governor’s budget proposal balances the budget in each of the next five years, an unprecedented level of fiscal stability for the State. This balance and fiscal strength is driven by strong State tax receipts and extraordinary federal fiscal relief. The proposed budget also makes significant deposits to reserves. At an event with CBC Trustees, New York State Budget Director Robert Mujica presented the details of the State’s budget, and the fiscal and economic outlook going forward.
Video
CBC News
Annual Budget Briefing with NYS Budget Director Robert Mujica
Annual Budget Briefing (2021)
March 14, 2022
CBC's seventh annual budget briefing with Director Robert F. Mujica.
Podcast episode
State Budget
$216 billion, with Governor Kathy Hochul
February 11, 2022
$216 billion is the size of New York State fiscal year 2023 budget proposed by Governor Kathy Hochul. The proposed spending plan is balanced over five years and makes significant deposits to reserves, but also maintains high taxes and accelerates State spending growth. At an event with CBC Trustees, Governor Hochul and CBC President Andrew Rein discussed the continued improvement of the State's fiscal outlook, budget negotiations, priorities for COVID recovery, the MTA and more.
Video
CBC News
Conversation with Governor Kathy Hochul
A CBC Event
February 03, 2022
On February 3, 2022, Governor Hochul spoke about State budget and policy priorities and take questions from CBC President Andrew Rein.
Testimony
Economic Development
Testimony on the Effectiveness of NYS Economic Development Programs
Submitted to Joint NYS Senate Committee Hearing
January 14, 2022
While New York is a leader in the scope and amount of its economic development spending, it is not a leader in job-creating projects.
Testimony
Housing
Testimony on Senate Bill 3082 on Good Cause Eviction
Submitted to the Senate Standing Committee on Judiciary and the Senate Standing Committee on Housing, Construction and Community Development
January 07, 2022
Thank you for the opportunity to testify on S3082, which would amend the Real Property Law to prohibit eviction or non-renewal of leases without “good cause.”
Testimony
Economic Development
Testimony on the Penn Station Area Civic and Land Use Improvement Project
Submitted to Empire State Development
December 08, 2021
Individually and collectively, these projects could contribute to New York’s long-term competitiveness and well-being.
Testimony
Housing
Testimony on NYCHA’s Capital Spending of City Funds
Submitted to the City Council Committee on Public Housing and Subcommittee on Capital Budget
November 18, 2021
I will focus on two topics: first, how additional City capital funding and new policy approaches are helping to address NYCHA’s capital needs, and second, the process and procurement reforms needed to ensure that NYCHA spends all—not just City—capital dollars effectively and efficiently.
Testimony
City Budget
Testimony on Oversight of Changes to Municipal Retirees’ Health Care Plan
Testimony before the City Council Committee on Civil Service and Labor
October 28, 2021
This agreement starts right and then veers off course to miss the finish line because the resulting savings do not flow to the City’s bottom line.
Testimony
State Budget
Testimony on New School Aid Spending and Performance
Testimony submitted to the New York State Senate Committees on Education, New York City Education, and Budget and Revenue
October 05, 2021
New York State should ensure that this massive school funding increase drives results and target school aid to districts with the greatest needs.
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
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.
Podcast episode
Education
270,00, with Chancellor Félix V. Matos Rodríguez
April 29, 2021
270,000—the number of two-year, four-year, and graduate degree seeking students enrolled in the City University of New York (CUNY). For generations CUNY has been an engine of economic mobility. With New York City sitting at the inflection point between the pandemic-driven recession and its recovery, CUNY will play a key role in preparing students and workers for, and linking them to, new opportunities in a changing economy. CUNY Chancellor Félix V. Matos Rodríguez joined the podcast to discuss the pandemic's impact on CUNY, his efforts to partner with the private sector to open career opportunities for students and to bolster CUNY's finances, and how City, State, and federal budget decisions and proposals may stabilize CUNY in the future.
Testimony
City Budget
Testimony on Comprehensive Long-Term Planning (Intro. 2186)
Submitted to the New York City Council
February 23, 2021
Intro. 2186 proposes a new comprehensive planning framework that would reform the City’s land use and capital planning process.
Podcast episode
State Budget
$7.4 billion, with E.J. McMahon
February 03, 2021
$7.4 billion is how much NYS personal income tax was paid in 2018 by residents of other states. This revenue stream may be threatened if a lawsuit over taxation of out-of-state telecommuting residents prevails. Today's guest is E.J. McMahon, adjunct fellow of the Manhattan Institute and senior fellow of the Empire Center. He explains why this lawsuit is so important and also discussed elements of the NYS Executive Budget. And, in her final episode as host, Maria Doulis offers a brief analysis of the NYC Preliminary Budget.
Video
CBC News
A Conversation with SUNY Chancellor Dr. Jim Malatras
December 08, 2020
Chancellor Malatras discussed his work with the Governor to mitigate the pandemic, his vision for SUNY, and how it is responding to the pandemic.
Podcast episode
Economic Development
8,200, with Councilmember Brad Lander
October 15, 2020
8,200 is the number of new housing units that could be created by the proposed rezoning of Gowanus, Brooklyn. Councilmember Brad Lander joins "What's the [DATA] Point?" to discuss the rezoning plan and make the case for comprehensive planning.
Podcast episode
Economic Development
20,000, with Industry City CEO Andrew Kimball and Councilmember Carlos Menchaca
September 24, 2020
20,000 is the number of jobs that could be potentially created by proposed rezoning of Industry City, a sprawling retail, office, and manufacturing complex in Sunset Park, Brooklyn. But this week the developer pulled the plug on the proposal after negotiations with stakeholders came to a standstill. What went wrong, and what does that mean for the future of Industry? This is episode is a tale of two rezonings, as told by Industry City CEO Andrew Kimball and NYC Councilmember Carlos Menchaca.
Podcast episode
Economic Development
72%, with NYC Business Leaders
August 16, 2020
72% is the share of firms which have experienced challenges in the switch to remote work spurred by the pandemic. The datapoint is from a survey of business leaders representing several key NYC economic sectors. We convened a panel of five CBC Trustees representing real estate, finance, law, health, and job development to discuss the survey's finding, and how they believe their sectors--and the City as a whole--will look like in the short-term and the long-term.