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December 21, 2017The Special Committee consists of CBC trustees, civic leaders, and policy experts, and will identify the greatest impacts and options for appropriate state and local government action.
December 20, 2017Part 1 of our analysis reviews NYCHA's capital needs and spending patterns over the last 5 years.
Op Ed State Budget
December 13, 2017The Citizens Budget Commission is a long-time critic of the New York State Film Tax Credit program and supports its repeal. However, due to some unusual provisions of state tax law, repeal of the credit will not yield immediate state savings.
Report Economic Development
December 05, 2017This report provides an overview of TIF and a five-point checklist drawn from lessons learned from past projects to help identify potential TIF projects.
Podcast episode Taxes
November 30, 2017$26 billion is the amount of property taxes the City will collect this fiscal year-- it is the largest single source of revenue that funds NYC government. Special guest Martha Stark is a former Commissioner of the Department of Finance. She joined the podcast to discuss the complexities of the system for valuing and taxing real property and explained why reform is badly needed.
Press Release Economic Development
November 02, 2017CBC examined the process for setting assessment fees, their uses, and the city’s oversight of BIDs, and recommends increased public review and performance evaluation.
September 21, 2017CBC Breakfast conversation with NYC Housing and Preservation Development Commissioner Maria Torres-Springer.
Podcast episode Housing
September 21, 201777,651 is the number of affordable housing units financed thus far in Mayor de Blasio’s 10-year plan to construct or preserve a total of 200,000 affordable units over 10 years. Since the Mayor took office, NYC Housing Preservation & Development (HPD) has overseen the commitment of $2.8 billion for affordable housing, most of it through loans and development programs.
HPD Commissioner Maria Torres-Springer joins the podcast to discuss the progress of and challenges to the ambitious Housing New York plan.
September 18, 2017Following the release of data on fiscal year 2017 fourth quarter housing starts, the CBC has updated its map of housing developments created or preserved under New York City’s Housing New York Plan.
Podcast episode Housing
August 10, 2017This week's data point is $17 billion - the capital needs for rehabilitating the nation's largest housing authority. NYCHA Chair and CEO Shola Olatoye joins the podcast to discuss strategies for addressing these capital needs and to review progress implementing NextGenNYCHA, its strategic plan.
Special Feature Housing
August 08, 2017Interactive map plots the location of each housing development created or preserved under NYC’s Housing New York plan.
July 19, 2017How is NYCHA doing two years into its implementation of NextGeneration NYCHA?
July 10, 2017New York State and local tax deductions, New York City’s $85 billion fiscal plan for 2018, and the inequity of New York City’s real estate property tax system.
Report City Budget
June 30, 2017How do New Yorkers feel about quality of life and municipal services? It varies tremendously by community district.
June 30, 2017City documents offer few details on how the new funding will be used to enhance different levels of affordability.
Report City Budget
May 16, 201710,000 New Yorkers responded to a survey about which services they're satisfied with -- and which are in need of improvement.
Press Release City Budget
May 16, 2017The results show which municipal services are in greatest need of improvement.
April 25, 2017A judicial review based on objective evidence presented in a public forum can be a catalyst for constructive change of the seriously flawed NYC property tax.
Blog Economic Development
April 07, 2017It's official: NY's economic development programs cost more than in any other state.
Press Release Housing
March 08, 2017The Citizens Budget Commission today announced that the winner of the 2017 CBC Prize for Public Service Innovation is the New York City Housing Authority (NYCHA) for its “NextGeneration NYCHA – Digital Initiatives.”