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Presentation
City Budget
Briefing on the Latest NYC & NYS FY 2023 Budget Updates
December 13, 2022
The latest updates to the NYC, NYS and MTA Budgets.
Blog
Transportation
What to Look For in the MTA's November 2022 Budget Update
November 21, 2022
The MTA should seize the opportunity and runway created by federal aid to implement efficiency-focused operating reforms and restructure its long-term debt.
Blog
City Budget
What to Look for in the NYC November Modification
November 14, 2022
The modification is likely to be more substantial due to Mayor Eric Adams’ call for a Program to Eliminate the Gap, a rocky economy, and future gaps that could approach $10 billion.
Presentation
State Budget
New York State Budget Fiscal Year 2023
Major Actions and Fiscal Risks As of First Quarter Update
August 15, 2022
From strong tax receipts that supported 12% spending growth and multi-year budget balance to recurring budget gaps.
Presentation
City Budget
NYC Fiscal Year 2023 Adopted Budget and Outlook
August 15, 2022
Positive short-term trends, significant long-term risks.
Blog
State Budget
Late Addition
$1.6 billion in Capital Pork Served Up
July 20, 2022
The additional cash and pressure to achieve a budget deal also resulted in the late addition of $1.6 billion for capital projects that were not included in the Executive’s or Legislative budget proposals.
Blog
City Budget
Big Budget
NYC’s Adopted FY 2023 Budget—Spending and Growth
June 28, 2022
Adopted City Funds spending next year is $77.6 billion, a $5.5 billion (7.7 percent) increase over fiscal year 2022 and $1.9 billion more than the Executive Budget.
Blog
State Budget
NYS Budget Basics, Fiscal Future
The Fiscal Year 2023 Enacted Budget Financial Plan
May 24, 2022
Given the uncertain economic recovery, the budget choices State leaders made all but assure New York will have to make permanent the temporary tax increases of 2021, and may lead to drastic service cuts or even greater tax increases in the future.
Blog
City Budget
What’s Up With (in) the NYPD Fiscal Year 2023 Executive Budget
May 09, 2022
Compared to the Preliminary Fiscal Year 2023 Budget, the City-funded NYPD operating budget is more than $140 million higher in each year of the plan.
Blog
Housing
No Windfall
Ending 421-a Today Won't Free Up $1.8 Billion for Decades
May 05, 2022
CBC analyzed the costs of seven different types of rental projects built under the current version of 421-a and found the vast majority would not be financially feasible without the 421-a tax exemption.
Blog
City Budget
Unnecessary Increase
Despite 18,000 Vacancies, NYC FY 2023 Executive Budget Adds 3,000 New Positions
May 04, 2022
Rather than add positions, the City should redistribute available vacancies across departments, within agencies, or across agencies.
Blog
City Budget
18,000 Vacant City Jobs Is More Than Enough
Vacancy Reduction Should Not Impede Hiring; How NYC Manages Will
March 30, 2022
Any staffing issues are the result of management, system, and labor market challenges, not a shortage of available positions
Blog
City Budget
Six Fast Facts about the NYPD's Preliminary FY2023 Budget
March 18, 2022
Public safety is a top issue for New Yorkers, and the New York City Police Department (NYPD) budget continues to garner attention and interest.
Blog
City Budget
The Record on Reserves
New York City Fiscal Year 2023 Preliminary Budget Reserves
February 28, 2022
While this is a record in dollars, it is not the record as a percent of the City-funded budget.
Blog
Transportation
What to Look for in the February 2022 Update to the MTA’s Financial Plan
February 22, 2022
The MTA will release an update to its operating budget Thursday. Here, we identify some critical items on which to focus.
Blog
City Budget
A Budget Baker’s Dozen
13 Questions to Ask About NYC’s Preliminary Budget for Fiscal Year 2023
February 10, 2022
Mayor Adams’ first Preliminary Budget will provide an important opportunity to see how he intends to “get stuff done,” root out “waste, fraud, and abuse,” and promote a “People’s Plan.”
Blog
State Budget
Recommendations to Strengthen the State
NYS Priorities that Promote Recovery, Transparency, Accountability, and Fiscal Stability
January 04, 2022
Governor Kathy Hochul's budget and policy priorities provide the opportunity to build a strong fiscal future, and to improve transparency and accountability.
Blog
Economic Development
Should New York's REDCs REDO Their Plans?
December 06, 2016
After 5 years, CBC reviews regional job creation results by industry, and the lackluster results suggest it is time to rethink the strategic plans of the REDCs.
Blog
Public Workforce
Benefits Sweetener Scorecard
2016
November 29, 2016
The 2016 Benefit Sweetener Scorecard identifies more than 60 bills active this session. These bills could cost the State and local governments hundreds of millions of dollars per year, and since about half the bills do not specify a fiscal impact, the potential costs could be significantly greater.
Presentation
Health Care
The Berger Commission: 10 Years On
November 29, 2016
This presentation, from the CBC panel discussion "The Berger Commission: 10 Years On," reviews how health care services in New York City have evolved since the New York State Commission on Health Care Facilities in the 21st Century, known as "The Berger Commission" issued its recommendations in 2006.