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December 04, 2019The balancing act facing legislators as they consider proposals to reform the property tax is how to increase equity, fairness, and transparency, while maintaining fiscal stability and reliability.
December 03, 2019Despite significant increases in state aid and local revenues, not all districts have the resources to provide a sound basic education, and some wealthy districts have more than needed.
Special Feature Education
September 04, 2019In 2017 educating an average elementary school class cost $561,246.
August 13, 2019PIT revenues are a significant - and volatile - part of State and City budgets.
Press Release Education
July 10, 2019CBC released a comprehensive report demonstrating how administrative solutions can reduce school crowding.
July 09, 2019Administrative solutions can reduce school crowding and limit the need to build expensive new school buildings.
June 12, 2019Despite significant increases in state aid and local revenues—not all districts have the resources to provide a sound basic education in 2020.
May 31, 2019Do schools in NYS have enough money to provide a Sound Basic Education. CBC says yes, except for 21 districts.
May 22, 2019It will cost NYS school districts approximately $62.6 billion to provide a sound basic education to all students, yet several districts will not have enough funding.
Special Feature City Budget
May 13, 2019A snapshot of NYC's budget, including projections for spending, headcount, savings, liabilities, and revenue shortfalls in case of a recession.
April 05, 2019The 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.
March 13, 2019The 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.
Op Ed Education
March 11, 2019Albany should target the distribution of school aid to districts that need it, rather than ensure that almost every district gets more no matter its circumstance.
March 07, 2019Despite significant funding increases over the past decade, some districts in New York State still do not have the resources to provide a sound basic education.
Blog City Budget
February 26, 2019The 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.
February 06, 2019In the aggregate New York State spends enough to provide all students with a sound basic education; however, State school aid is not targeted well enough to achieve this goal in all districts.
December 18, 2018City officials cannot continue to expect the City can build its way to a solution; making real progress will require implementing operational strategies that alter the use of space and redirect students to facilities with capacity.
Blog State Budget
December 13, 2018There is significant revenue potential from the marijuana industry, but research suggests that many months or years of careful planning precede consistent revenues.
November 27, 2018CBC makes recommendations for property tax reform to fix problems with transparency and equity of the system.
September 13, 2018NYC Advisory Commission on Property Tax Reform is charged with recommending reforms to make the NYC property tax fairer, simpler, and more transparent. CBC, the Regional Plan Association, and NYU Wagner convened a panel to discuss the current property tax system and the reforms that should be pursued.