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Blog
City Budget
City's Fourth Extension of the School Bus Grant Program Should Be Rejected
March 08, 2018
The City Council should reject this program, and all new school bus contracts should be awarded with an eye toward realizing savings in the costs of pupil transportation, now more than $1.2 billion.
Blog
City Budget
PEGging Efficiency:
More Savings Needed Under Mayor de Blasio
March 05, 2018
Find out how Mayor de Blasio's savings plan stacks up against the savings found in Mayor Bloomberg's last three preliminary budgets.
Video
City Budget
What Would de Blasio's Budget Proposal Mean For NYC Seniors?
Spectrum News
February 26, 2018
NY1's "In Focus" talks to CBC President Carol Kellerman about the new budget proposal released by Mayor Bill de Blasio.
Blog
Pensions & Benefits
A Budget Proposal That Seems Fiscally Responsible, But Doesn’t Tackle the True Problem
February 22, 2018
It's time to eliminate the expensive and risky benefits provided by the TDA.
Podcast episode
City Budget
$418 million, with Dana Rubinstein
February 15, 2018
$418 million is the amount Governor Andrew Cuomo wants New York City to commit to the Subway Action Plan, the emergency plan to address repairs to the distressed subway system. Politico NY senior reporter Dana Rubinstein discusses this and other pressing transit issues.
Podcast episode
City Budget
$72.4 billion, with Dr. Charles Brecher
February 08, 2018
$72.4 billion is total Medicaid spending in the NYS Executive Budget for FY 2019. CBC's Senior Advisor for Health Policy Dr. Charles Brecher joined WT[D]P to discuss progress on Medicaid reforms and the potential impact of federal actions on health care in New York.
Press Release
Pensions & Benefits
CBC Uncovers Potential $160 Million In Savings From Better Management Of NYC's Union-Administered Benefit Funds
February 08, 2018
CBC today released the report Union-Administered Benefit Funds: Getting More Out of a Billion Dollar Taxpayer Contribution, which gives short-term and long-term recommendations for improving the inefficient operations of union-administered benefit funds.
Report
Pensions & Benefits
Union-Administered Benefit Funds
Getting More Out Of A Billion Dollar Taxpayer Contribution
February 08, 2018
NYC taxpayers are projected to contribute $1.1 billion to 108 union-administered benefit funds. Better management, oversight, and consolidation can create more than $160 million in savings for the City and improve benefits for members.
Special Feature
City Budget
New York City’s Preliminary Budget Gap-Closing Programs
Fiscal Years 1983-2019
February 07, 2018
How does Mayor de Blasio's Citywide Savings Program stack up against PEGs of the past?
Testimony
Economic Development
NYCEDC 2018 and Beyond: Borough-by-Borough in the Next Four Years
Testimony before the New York City Council Committee on Economic Development
February 06, 2018
How can EDC improve its performance in 2018?
Video
City Budget
Budget Concerns
Inside City Hall
February 04, 2018
Citizens Budget Commission President Carol Kellerman sat down with Errol Louis to share some of her concerns over Mayor de Blasio’s proposed budget.
Podcast episode
City Budget
$88.7 billion, with Mara Gay
February 02, 2018
$88.7 billion is the NYC Preliminary Budget for Fiscal Year 2019, released yesterday by Mayor Bill de Blasio. City-funded expenditures are up 4.3 percent over fiscal year 2018. Wall Street Journal City Hall reporter Mara Gay joined WT[D]P to wade into the preliminary budget's details.
Blog
Transportation
Tsk-tsk on Governor’s TIF Proposal
February 02, 2018
The FY 2019 Executive Budget proposed to allow the MTA to create tax increment financing districts in NYC to raise revenue for capital improvements. Though TIFs can play a useful role, the proposal is flawed.
Statement
City Budget
CBC Statement on NYC FY19 Preliminary Budget: Wait and See All Over Again
February 01, 2018
Before the going gets tough, the Mayor should get going by limiting spending growth, bolstering the savings plan, and adding to reserves
Blog
City Budget
A Budget Strategy for Mayor de Blasio's Second Term
January 29, 2018
Four strategies to help Mayor de Basio think through budgeting in his second term.
Press Release
City Budget
CBC Recommends Budget Strategies for Mayor de Blasio's Second Term
January 26, 2018
In order to reach, and then sustain, budget stability in the Mayor’s second term, the budget should contain spending growth; build reserves; reduce the size of the capital plan and the cost of capital projects; and strengthen finances at NYCHA and NYC H+H.
Podcast episode
City Budget
$14.3 billion, with First Deputy Mayor Dean Fuleihan
January 25, 2018
New York taxpayers could lose as much as $14.3 billion in federal tax deductions because of the capping of the state and local tax deduction in the new federal tax law. NYS Budget Director Robert Mujica and NYC First Deputy Mayor Dean Fuleihan discuss the potential impact and possible responses at a special conference event.
Video
Taxes
How Bad Is It? Implications of the Federal Tax Law for NY
Special Half-Day Conference
January 24, 2018
The federal tax overhaul passed last month may have enormous impacts in New York. What can we expect and what are the best responses?
Podcast episode
City Budget
$168.2 billion, with David Friedfel
January 18, 2018
$168.2 billion is the NYS Executive Budget for Fiscal Year 2018-2019. Dave Friedfel joins WT[D]P to discuss budget growth, school aid, medicaid, economic development, and proposals to deal with the impact of federal tax law changes.
Podcast episode
City Budget
$3.2 billion, with James Patchett
January 12, 2018
$3.2 billion -- how much New York City spent on economic development in 2016, including tax expenditures, operating costs, and capital spending.NYCEDC President and CEO James Patchett joins the podcast to discuss the City's development strategy, tax breaks, NYC Ferry and the BQX project.