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Special Feature
Public Workforce
Average Pay at the 15 Largest New York City Agencies
FY 2019
October 08, 2019
How much do New York City employees earn in pay each year?
Blog
Public Workforce
The High Cost of the MTA’s New Police Officers
September 25, 2019
The MTA has committed to hiring 500 new police officers to address quality of life concerns, but it is necessary to understand this strategy comes at a cost.
Blog
Taxes
Personal Income Tax Revenues in New York State and City
August 13, 2019
PIT revenues are a significant - and volatile - part of State and City budgets.
Statement
CBC News
CBC Appoints Denise Richardson Vice President for Research
July 15, 2019
Denise’s deep policy knowledge and decades of experience will build on CBC’s long history of excellence.
Blog
Pensions & Benefits
Governor Cuomo Should Veto 19 Benefit Sweetener Bills
2019 Benefit Sweetener Scorecard Update
July 12, 2019
The bills would enhance benefits without providing enhanced services to taxpayers or offsetting savings.
Blog
Public Workforce
59 New Bills Added to Benefit Sweetener Scorecard
June 06, 2019
In the remaining weeks of the legislative session, members will propose to enhance the benefits of State and local public employees and retirees.
Special Feature
City Budget
Facts About The NYC Budget
2019
May 13, 2019
A snapshot of NYC's budget, including projections for spending, headcount, savings, liabilities, and revenue shortfalls in case of a recession.
Blog
Public Workforce
NYS Legislature Introduces 130 Benefit Sweetener Bills
May 01, 2019
For the remaining seven weeks of the legislative session, members will propose to enhance the benefits of State and local public employees and retirees.
Blog
Pensions & Benefits
2019 Benefit Sweetener Scorecard
New York State Bill Tracker
May 01, 2019
For the remaining seven weeks of the legislative session, members will propose to enhance the benefits of State and local public employees and retirees.
Press Release
Transportation
CBC Releases “Reform At the Bargaining Table”
Report Details the Need to Improve Productivity at the MTA and Recommends “Net-Zero” Wage Increases
April 30, 2019
CBC released a report detailing the critical need to slow the growth of labor expenses if the MTA is to become fiscally sound.
Report
Public Workforce
Reform at the Bargaining Table
Labor’s Participation Needed to Improve the MTA’s Financial Outlook
April 30, 2019
The MTA's fiscal outlook is dire, and improving it requires a multipronged approach. Paramount in the effort is slowing the growth of labor costs.
Blog
Taxes
Follow the Money
The MTA’s New Revenues
April 05, 2019
The 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.
Blog
Taxes
Pied-à-Terre Tax
Appealing but Problematic
March 13, 2019
The 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.
Video
CBC News
Jerome H. Powell
CBC's Annual Awards Dinner
February 28, 2019
CBC's Annual Awards Dinner honoree Jerome H. Powell delivers the keynote address. He is introduced by Stanley Fischer, the former Vice Chair of the Board of Governors of the Federal Reserve System.
Blog
City Budget
NYC Revenues in a Recession
Quantifying the Potential Shortfall
February 26, 2019
The 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.
Blog
State Budget
Don’t Get Too High on Potential Marijuana Revenues
December 13, 2018
There is significant revenue potential from the marijuana industry, but research suggests that many months or years of careful planning precede consistent revenues.
Testimony
Taxes
New York City Property Tax Reform
Testimony Submitted to the New York City Advisory Commission on Property Tax Reform
November 27, 2018
CBC makes recommendations for property tax reform to fix problems with transparency and equity of the system.
Report
City Budget
Reviving EMS
Restructuring Emergency Medical Services in New York City
November 25, 2018
The City of New York spends more than $1.1 billion annually in an effort to provide its residents and visitors this vital service, but the money is not used wisely.
Video
Taxes
The New York City Property Tax
Problems, Inequities, and Potential Reforms
September 13, 2018
NYC 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.
Blog
Taxes
New York City Homeowners
Who's Got the Unfairest Tax Burden of Them All?
September 12, 2018
One of the basic principles of good tax policy is equity: similarly situated taxpayers should have similarly sized tax bills. New York City’s property tax system does not comport with this principle.