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Testimony
City Budget
Testimony on New York City’s Preliminary Fiscal Year 2023 Budget
Submitted to the City Council Committee on Finance
March 02, 2022
To truly set the City on a path to fiscal stability, the Administration should follow these preliminary steps with actions that substantively restructure how the City delivers services and manages its finances.
Statement
City Budget
Statement Regarding the New York City Fiscal Year 2023 Preliminary Budget
February 16, 2022
The City should take significant additional actions in the Executive and Adopted Budgets to make government more efficient, stave off the looming fiscal cliffs, and save for the inevitable next downturn
Statement
Taxes
Statement Regarding the New York State Joint Legislative Budget Hearing on Taxes
February 16, 2022
The enacted State budget should allow the business tax increase to sunset and should restrain spending to allow the personal income tax increase to sunset sooner or at least as scheduled.
Statement
Economic Development
Statement Regarding the New York State Joint Legislative Budget Hearing on Economic Development
February 16, 2022
Without improvements in the State’s allocation decisions, oversight and reporting, and evaluation, New Yorkers are unlikely to get the value and economic impact they deserve.
Statement
State Budget
Statement Regarding the New York State Joint Legislative Budget Hearing on Transportation
February 15, 2022
The Fiscal Year 2023 Executive Budget includes new and increased funding for State and local transportation infrastructure, including projects to improve the state of good repair of roads and bridges, redesign and restructure highways and bridges, and increase support for regional transportation authorities.
Op Ed
City Budget
City Can Save Billions with Better Management, Work Rules
February 01, 2022
New York’s recovery, economic competitiveness and continuing capacity to support its most vulnerable depends on making sure city services are high quality, efficient and affordable.
Statement
Housing
Statement in Regard to the New York State Joint Legislative Budget Hearing on Housing
January 31, 2022
We are pleased that the Governor’s Fiscal Year 2023 Executive Budget included several proposals to encourage the production of more housing.
Statement
State Budget
Statement on the NYS Executive Budget for Fiscal Year 2023
January 18, 2022
Governor Hochul today proposed her Fiscal Year 2023 Executive Budget amidst continued strong receipts, New Yorkers’ significant needs, and ongoing economic uncertainty.
Testimony
Economic Development
Testimony on the Effectiveness of NYS Economic Development Programs
Submitted to Joint NYS Senate Committee Hearing
January 14, 2022
While New York is a leader in the scope and amount of its economic development spending, it is not a leader in job-creating projects.
Testimony
Housing
Testimony on Senate Bill 3082 on Good Cause Eviction
Submitted to the Senate Standing Committee on Judiciary and the Senate Standing Committee on Housing, Construction and Community Development
January 07, 2022
Thank you for the opportunity to testify on S3082, which would amend the Real Property Law to prohibit eviction or non-renewal of leases without “good cause.”
Statement
State Budget
CBC Statement on Governor Hochul's 2022 State of the State Address
January 05, 2022
In her first State of the State address today, Governor Kathy Hochul laid out an expansive recovery and policy agenda, and presaged elements of the budget she will release by January 18th.
Testimony
Economic Development
Testimony on the Penn Station Area Civic and Land Use Improvement Project
Submitted to Empire State Development
December 08, 2021
Individually and collectively, these projects could contribute to New York’s long-term competitiveness and well-being.
Statement
City Budget
CBC Statement on NYC’s November 2021 Financial Plan for Fiscal Years 2022 to 2025
November 30, 2021
While the plan reduces the budget gaps to $2.9 billion for next year, $2.7 billion in fiscal year 2024, and $2.1 billion in fiscal year 2025, in reality the gaps are about $750 million higher annually because the plan includes illusionary labor and attrition savings.
Testimony
Housing
Testimony on NYCHA’s Capital Spending of City Funds
Submitted to the City Council Committee on Public Housing and Subcommittee on Capital Budget
November 18, 2021
I will focus on two topics: first, how additional City capital funding and new policy approaches are helping to address NYCHA’s capital needs, and second, the process and procurement reforms needed to ensure that NYCHA spends all—not just City—capital dollars effectively and efficiently.
Op Ed
City Budget
A Big Budget Briefing for Eric Adams
New York Daily News
November 16, 2021
Upon getting elected, Mayor-elect Eric Adams vowed to “get stuff done.” Adams’ focus on delivering core services and managing the budget is exactly right.
Testimony
City Budget
Testimony on Oversight of Changes to Municipal Retirees’ Health Care Plan
Testimony before the City Council Committee on Civil Service and Labor
October 28, 2021
This agreement starts right and then veers off course to miss the finish line because the resulting savings do not flow to the City’s bottom line.
Testimony
State Budget
Testimony on New School Aid Spending and Performance
Testimony submitted to the New York State Senate Committees on Education, New York City Education, and Budget and Revenue
October 05, 2021
New York State should ensure that this massive school funding increase drives results and target school aid to districts with the greatest needs.
Testimony
Transportation
Testimony on the MTA’s Finances and Operations
Testimony before the Senate Standing Committee on Corporations, Authorities and Commissions; and the Senate Standing Committee on Transportation
September 29, 2021
The MTA is facing a long-term structural deficit of approximately $2.7 billion annually, meaning its recurring income from fares, tolls, and other sources will be roughly $2.7 billion less than the recurring expenditures needed to run the system.
Testimony
Transportation
Testimony on Congestion Pricing Implementation
Submitted to the Metropolitan Transportation Authority
September 23, 2021
When the MTA determines the policies and implements congestion pricing, it should follow six recommendations:
Statement
State Budget
Statement on the Release of New York State’s Financial Plan “July Update”
September 15, 2021
This morning, New York State released its long-awaited First Quarter Financial Plan Update.