Search
Showing 1 - 20 of 537
Statement
Transportation
Remarks on the MTA’s Proposed 2025-2029 Capital Plan
September 25, 2024
Despite success in speeding capital delivery and projects being ready to go and roll—the plan is larger than can be accomplished in the next five years.
Statement
Transportation
Statement on MTA 2025-2029 Capital Plan
September 18, 2024
"CBC commends MTA for rightly focusing the vast majority of its capital plan on projects that rebuild and improve the system. Yet, the MTA will continue to play catch-up, and financing is unknown."
Press Release
CBC News
CBC Releases "Focus, Fix, and Finance"
How to Rightsize and Fund the 2025 – 2029 MTA Capital Program
September 16, 2024
This report assesses the status of projects in the current and prior capital programs, identifies the appropriate maximum size and focus of an achievable but ambitious capital program, estimates available funding and the size of the funding gap, outlines criteria for consideration of funding sources, and discusses how those criteria apply to sources that have been suggested or may be discussed.
Report
Transportation
Focus, Fix, and Finance
How to Rightsize and Fund the 2025 – 2029 MTA Capital Program
September 16, 2024
This report assesses the status of projects in the current and prior capital programs, identifies the appropriate maximum size and focus of an achievable but ambitious capital program, estimates available funding and the size of the funding gap, outlines criteria for consideration of funding sources, and discusses how those criteria apply to sources that have been suggested or may be discussed.
Press Release
CBC News
CBC Submits "Testimony on NYC Ferry"
Submitted to the New York City Council Committee on Economic Development and Committee on Transportation and Infrastructure
September 10, 2024
NYC Ferry remains one of the most heavily subsidized transit options in New York City, and one of the most subsidized public ferry systems in the country.
Press Release
CBC News
CBC Releases "Sustainably Supporting a Sound Basic Education, Part 2"
August 14, 2024
This report demonstrates the potential impact of reallocating $447 million of expense-based aid and the $3.3 billion School Tax Relief (STAR) program in proportion to Foundation Aid.
Report
Education
Sustainably Supporting a Sound Basic Education
Part 2
August 14, 2024
Flaws in New York State’s school aid funding formulas stop the State from effectively distributing funds based on student need and local capacity.
Press Release
CBC News
CBC Releases "Myths and Facts: NYC Adopted Budget for Fiscal Year 2025"
July 30, 2024
Throughout the budget debate, public discussion was too often hampered by misunderstanding of some key budget realities.
Report
City Budget
Myths and Facts
NYC Adopted Budget for Fiscal Year 2025
July 30, 2024
Throughout the budget debate, public discussion was sometimes hampered by misunderstanding by various stakeholders. This chartbook fact checks and corrects five relatively common, inaccurate perceptions about the budget.
Press Release
CBC News
CBC Releases "Sustainably Supporting a Sound Basic Education: Proposals to Reform NYS School Aid"
July 16, 2024
Roughly 30 percent of State Operating Funds goes to schools; if New York’s education spending is not fiscally sustainable, it will damage its capacity to provide other services New Yorkers and New York needs.
Report
Education
Sustainably Supporting a Sound Basic Education
Proposals to Reform NYS School Aid
July 16, 2024
While attention is primarily focused on Foundation Aid, which comprises nearly two-thirds of State school aid, effective resource allocation reform should address all funding streams.
Press Release
CBC News
CBC Submits "Testimony on Proposed Changes to the New York City Charter"
July 08, 2024
CBC continues to recommend that the Charter require a local law ensuring the City’s Rainy Day Fund (RDF) grows and is used for its intended purpose—to protect New Yorkers from dramatic cuts during a recession or short-term emergency.
Press Release
CBC News
CBC Releases "Refined Recommendations to NYC Charter Revision Commission for Improving Finances, Management, and Resident Feedback"
July 08, 2024
Improving both legislative Fiscal Impact Statements and the Executive’s financial plan estimates will enhance the integrity, legitimacy, and outcomes of budget-making, and help ensure the public appropriately views this Charter Revision Commission’s work through the lens of substance, not politics.
Report
City Budget
Refined Recommendations to NYC Charter Revision Commission
for Improving Finances and Resident Feedback
July 08, 2024
The sections below outline the proposed changes and how they would improve the City’s financial management and resident feedback. Draft Charter language is in the Appendix.
Report
City Budget
NYC Adopted Budget
Pleasing, Not Prudent
July 01, 2024
Unfortunately, our City’s leaders again did little to ensure priority programs are sustainable by making government more efficient and shrinking lower impact activities.
Statement
City Budget
Statement on New York City Fiscal Year 2025 Budget Agreement
June 28, 2024
The budget dance being alive and well is not music to our ears. City leaders have ended the dance in step, unfortunately with too little regard for the City’s long-term fiscal stability.
Report
Housing
A Building Crisis
The Quality-of-Life, Population, and Economic Effects of Housing Underproduction
June 27, 2024
By modernizing the City’s zoning ordinance to allow more housing everywhere, the City can start to chip away at a housing shortage that has been years in the making.
Press Release
CBC News
CBC Releases "A Building Crisis"
The Quality-of-Life, Population, and Economic Effects of Housing Underproduction
June 27, 2024
The decades-long failure to build sufficient housing in New York City has degraded quality of life, driven away residents and jobs, and undermined the city's tax base and economy.
Press Release
CBC News
CBC Releases "Preliminary Recommendations to NYC Charter Revision Commission for Improving Finances, Management, and Resident Feedback"
June 13, 2024
CBC is providing its preliminary recommendations for Charter revision that focus on strengthening the integrity of the budget process and fiscal estimates by both the Mayor’s office and the City Council.
Report
City Budget
Preliminary Recommendations to NYC Charter Revision Commission
for Improving Finances, Management, and Resident Feedback
June 13, 2024
CBC believes the CRC should focus on recommending changes that are appropriate to the Charter and not local law.