Showing 1 - 20 of 68
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 City Budget
December 14, 2018The 2019 Commission will avoid the shortcomings of recent commissions if it stays true to its stated criteria and pursues Charter revisions that simplify and update the document.
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.
Testimony Pensions & Benefits
November 29, 2018Savings to health benefit expenditures are crucial to attaining labor settlements that are fair and reasonable for both City employees and taxpayers.
November 27, 2018CBC makes recommendations for property tax reform to fix problems with transparency and equity of the system.
Video City Budget
November 25, 2018Citizens Budget Commission releases recommendations on how #FDNY should allocate its resources.
Blog Economic Development
November 21, 2018Amazon has committed to creating 25,000 full-time high-paying jobs over ten years, investing approximately $2.5 billion, and building 4 million square feet of office space at its new headquarters in Long Island City, with the possibility of expanding to 8 million square feet and 40,000 jobs. To facilitate this investment, Amazon will receive benefits of up to $1.7 billion from New York State and $1.8 billion from New York City. This blog explains the incentive package provided by the State and City and offers five takeaways about the deal and its lessons for future economic development policy.
November 15, 2018NYCHA has an astounding $32 billion in capital needs, a nearly fivefold increase over the last decade. Today nearly all its properties require substantial rehabilitation.
Video State Budget
November 13, 2018A push to bring up to 25,000 Amazon jobs to Queens could be a costly one to taxpayers in New York.
Blog Pensions & Benefits
October 31, 2018The City's liabilities reached a record $257.3 billion, an increase of $4.7 billion since fiscal year 2017.
October 22, 2018Progressive, first, best are all terms have been used to describe New York’s economy. One non-partisan watchdog group took a look at how responsible the state has been with its money since Andrew Cuomo took office eight years ago.
Video State Budget
October 19, 2018As Governor Cuomo's second term comes to a close, and voters decide whether to give him a third term, the Citizens Budget Commission is looking at how the state has fared over the past eight years.
October 10, 2018Mr. Stanley Brezenoff oversees 326 public housing developments that are home to more than 400,000 New Yorkers. Mr. Brezenoff's shares his reaction to recent CBC research and gives an update on NYCHA's activities and planning.
October 02, 2018CBC illustrates how changes to an "infill" development project’s location or affordability mix can significantly affect revenue and units rehabilitated at NYCHA.
Blog City Budget
September 25, 2018Citizens satisfaction measures should be added to the Mayor’s Management Report to ensure that quality of life concerns are addressed.
Testimony City Budget
September 20, 2018Because of low participation and inadequate organic waste processing capacity, the organics collection program is not ready for citywide expansion.
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.
September 12, 2018One 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.