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Report
Transportation
What to Look for in the MTA’s November 2023 Financial Plan
November 27, 2023
While the budget outlook is positive, caution is warranted. The MTA and stakeholders should closely monitor ongoing results because certain risks threaten its projected revenue and expenses.
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.
Press Release
CBC News
CBC Releases "What to Look for in the New York City November 2023 Financial Plan"
November 14, 2023
CBC’s What to Look For finds that fiscal year 2024 now has a budget gap of $839 million.
Report
City Budget
What to Look for in the New York City November 2023 Financial Plan
November 14, 2023
When New York City adopted its fiscal year 2024 budget in June 2023 without addressing underlying structural imbalances, it virtually guaranteed that major fiscal challenges remained on the horizon.
Press Release
CBC News
CBC's Op-Ed "New York Is Teetering on a Fiscal Cliff"
November 08, 2023
It's time to sound the alarm on the City's looming budget gaps.
Op Ed
City Budget
New York Is Teetering on a Fiscal Cliff
Crain’s New York Business
November 07, 2023
Fiscal stability underpins the city’s ability to provide core services to New Yorkers and is fundamental for economic growth.
Podcast episode
Energy & Environment
44 million, with Commissioner Jessica Tisch
October 20, 2023
44 million pounds of trash are generated by New Yorkers every day. The NYC Department of Sanitation not only collects residential waste, recyclables, and compostables, but it also removes snow, cleans streets and lots, removes graffiti, and fights rats. CBC Chair Marissa Shorenstein is joined by Sanitation Commissioner Jessica Tisch, who is leading "New York's Trash Revolution." The revolution includes expanding composting citywide, residential and commercial waste containerization, sanitation truck and bin redesign, and more.
Op Ed
State Budget
State budget gaps are coming. The time to address them is now.
Albany Times Union
October 20, 2023
With temporary funding boosts petering out, New York must curtail spending growth to head off painful cuts later.
Podcast episode
Economic Development
4.67 million, with Andrew Kimball
October 05, 2023
4.67 million is the total number of jobs in New York City, just shy of employment pre-pandemic. Though the economy is stable and employment generally strong, challenges remain. The economy is undergoing longer term transformation including remote work, which will affect our labor market and commercial real estate, and the City faces proximate challenges with the influx of new migrants and asylum seekers. NYC EDC's President and Executive Director joined CBC to discuss the Administration’s economic growth strategy, projects ranging from Willets Point to SPARC Kips Bay, the green economy and offshore wind, soccer, ferries, and more.
Press Release
CBC News
CBC Launches NYC Resident Survey
Survey invites New Yorkers to rate municipal services and the quality of their neighborhood and city
September 26, 2023
CBC today announced the launch of the NYC Resident Survey, a rare opportunity for New Yorkers to provide independent, statistically valid feedback about the City’s services and the quality of life in their neighborhood and the city.
Press Release
CBC News
CBC Submits "Testimony on the New York City Housing Authority’s 2023 Physical Needs Assessment"
September 22, 2023
NYCHA’s PNA provides the information needed to identify what has happened to NYCHA’s housing stock over the past five years and to help plan for its future.
Press Release
CBC News
CBC Releases "Needs and Wants: What to Look for in the MTA's Twenty-Year Needs Assessment"
September 21, 2023
CBC's new report recommends five ways the MTA can ensure its upcoming Twenty-Year Needs Assessment (TYNA) includes the information that the public, policymakers, and MTA leadership need.
Report
Transportation
Needs and Wants
What to Look for in the MTA's Twenty-Year Needs Assessment
September 21, 2023
Based on analysis of past needs assessments, this report recommends how the MTA should improve its forthcoming Twenty-Year Needs Assessment.
Press Release
CBC News
CBC Releases "The Learning Ledger: NYS School Aid Continues to Rise in the 2023-24 School Year"
September 06, 2023
CBC’s new report reveals that New York State’s school aid increases 8.8 percent this year, despite the State’s massive future budget gaps.
Special Feature
Education
Mapping School Aid by District
School Year 2023-24
September 06, 2023
The series of maps below provide district-level data on the distribution of school spending, State school aid, enrollment change, and other data for school year 2023-24.
Press Release
CBC News
CBC Submits "Testimony on Congestion Pricing and the MTA's Fiscal Health
August 17, 2023
Congestion pricing revenues will provide critical funding for one-quarter of the MTA's 2020-2024 Capital Plan—resources that are essential to ensure progress toward a state of good repair for the region's transit system.
Press Release
CBC News
CBC Releases "5 Myths and Facts about the NYC FY 2024 Budget"
August 15, 2023
A lot has been said about the NYC's fiscal year 2024 budget—from its size to the cuts to its manageability—but these claims are not supported by the facts.
Report
Economic Development
11 Billion Reasons to Rethink
New York's Increasing Economic Development Spending
July 20, 2023
Despite improved disclosure about individual projects, State and local economic development spending continues to increase without sufficient evidence that these programs cost-effectively create jobs or are more beneficial than alternative uses of the funds.
Press Release
CBC News
CBC Releases "11 Billion Reasons to Rethink: New York's Increasing Economic Development Spending"
July 20, 2023
CBC's new policy brief reveals that New York's State and local economic development spending continues to increase without sufficient evidence that these programs cost-effectively create jobs.