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Podcast episode
City Budget
4.7 mph, with Nicole Gelinas
March 14, 2019
4.7 mph is the speed at which taxis travel in Midtown Manhattan. Nicole Gelinas, a Senior Fellow at the Manhattan Institute, joins the podcast to discuss traffic, mobility, and the MTA.
Statement
Transportation
Statement on the 10-Point Plan to Transform and Fund the MTA
February 26, 2019
Citizens Budget Commission President Andrew Rein issued this statement on the 10-Point Plan to Transform and Fund the Metropolitan Transportation Authority (MTA):
Podcast episode
City Budget
25,000 with Vishaan Chakrabarti
February 21, 2019
25,000 is the number of jobs that would have been created under a now-defunct deal with Amazon to create a second headquarters in Long Island City, Queens. Vishaan Chakrabarti, founder of the Practice for Architecture and Urbanism (PAU), discusses the deal and how its failure may impact New York City's economic competitiveness.
Podcast episode
City Budget
$92.2 billion, with Sally Goldenberg
February 08, 2019
$92.2 billion is the size of the NYC's FY 2020 preliminary budget proposed by Mayor de Blasio. Sally Goldenberg, the City Hall bureau chief for Politico NY, joins the podcast to discuss the budget and what to expect as budget season kicks off.
Statement
City Budget
Statement on NYC Preliminary Budget FY 2020
February 07, 2019
In this uncertain economic environment, Mayor Bill de Blasio is right to urge caution and has announced the first Program to Eliminate the Gap (PEG) of his administration to be implemented in the Executive Budget. But for now, the City of New York Preliminary Budget Fiscal Year 2020 shows modest restraint in spending growth.
Op Ed
Transportation
Want better service?
Raise the fare: It would be a mistake to link price increases to improved performance
January 24, 2019
Exasperated straphangers are expressing frustration with the Metropolitan Transportation Authority’s plans to raise fares when, they say, service shows little sign of improvement.
Podcast episode
City Budget
$175 Billion, with Andrew Rein
January 17, 2019
$175.2 billion is the size of Governor Cuomo's proposed budget for fiscal year 2020. CBC President Andrew Rein joined the podcast to help unpack the proposed budget.
Statement
Taxes
CBC Convenes Special Committee to Focus on Federal Tax Cuts
December 21, 2017
The 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.
Podcast episode
City Budget
2.7%, with Alex Heil
December 20, 2017
2.7% is the economic growth forecast for 2018 in the Port Authority’s 17-county region, which encompasses more than 200 municipalities. The Port Authority's Chief Economist Alex Heil joined WT[D]P to discuss the economic and transportation trends that impact the Port's bottom line.
Op Ed
Transportation
The MTA's Closely Guarded Secret
New Yorkers should be told how much it would cost to fix the entire transit system
December 19, 2017
At next month’s State of the State address, Gov. Andrew Cuomo is expected to unveil a congestion-pricing proposal that would generate a dedicated funding stream for the Metropolitan Transportation Authority.
Podcast episode
City Budget
1996, with Chris Jones
December 14, 2017
1996 is the last time a comprehensive regional plan was issued by the Regional Plan Association. Special guest Chris Jones, Senior Vice President and Chief Planner at RPA, joined the podcast to discuss the 4th Regional Plan, which was released last month. The plan contains 61 separate recommendations in four action areas that represent major challenges and areas of opportunity.
Podcast episode
City Budget
10 years, with Michael Jacobson
December 06, 2017
10 years is the amount of time the de Blasio administration says it will take to shut down Rikers Island.Special guest Michael Jacobson is the executive director of the CUNY Institute for State and Local Governance. He was once the City's Correction Commissioner as well as the Probation Commissioner. He is a member of the Lippman Commission, convened by the City Council to solve the crisis at Rikers. Michael joined the podcast to discuss the Commission's findings--namely to close Rikers and move the inmates to facilities near courthouses and civic centers throughout the boroughs.
Podcast episode
City Budget
$26 billion, with Martha Stark
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.
Statement
City Budget
Statement on the NYC November 2017 Financial Plan Modification
November 21, 2017
We await January's plan to indicate how the Administration intends to address potential storm clouds on the horizon and to fund new initiatives the Mayor has discussed.
Podcast episode
City Budget
44 days, with NYC Council Member Daniel Garodnick
November 16, 2017
44 is the number of days left in term-limited Council Member Daniel Garodnick's tenure. Council Member Garodnick has been a voice of reason in the City Council, having raised important questions about the city budget, economic development, and contracts. He chairs the City Council's Committee on Economic Development, is on the budget negotiating team, and in his final months has been fighting to pass reform of the commercial rent tax.
Podcast episode
City Budget
$67 Billion, with Jay Kriegel
November 09, 2017
$67 billion is the amount of state and local taxes New York State residents deduct from their federal tax returns each year. Known as SALT, this deduction is the topic of intense debate in Washington. Congressional leadership proposes to eliminate or cap SALT in order to offset the cost of corporate and other tax cuts.Special guest Jay Kriegel, Senior Advisor at Related Companies, is a New York communications and strategic advisor who has been involved in a number of major New York political and policy initiatives. In 1986, Jay led a national coalition that thwarted an attempt to eliminate the SALT deduction, and today he has taken a leadership role in the coalition to protect it.
Podcast episode
City Budget
348 and 74, with Riley Edwards
November 02, 2017
The data points are 348 and 74.348 is the number of Local Development Corporations and Industrial Development Agencies in NYS. These corporations made $16.2 billion in economic development investments from 2011 through 2015, yet only 5 of the state's 62 counties have had job growth higher than the national average. For this half of the podcast WTDP is joined by CBC Research Associate, Riley Edwards, author of the recent report: "Opaque and Duplicative - Local Economic Development in New York State."
74 is the number of Business Improvement Districts in NYC. CBC's report "BIDS - Organization, Oversight, and Transparency" describes the history and nature of these organizations, what services they provide, and whether property owners are getting their money's worth. WTDP is joined by CBC's Director of Research, Tim Sullivan, to explain.
Podcast episode
City Budget
$95 billion, with Dr. Thad Calabrese
October 25, 2017
This episode's datapoint is $95 billion, the current value of all of the future retiree benefits, except pensions, already earned by current retirees and employees of NYC. This amount, referred to as OPEB, or 'Other Post-Employment Benefits,' is primarily the cost of health insurance for NYC employees, their spouses and families. Special guest Dr. Thad Calabrese of NYU, and author of CBC's latest report on this subject, "The Price of Promises Made," gives an in-depth look at the City's OPEB obligations, compare them to those of other cities around the country, and explains why the City should establish more appropriate benefits and funding arrangements.
Podcast episode
City Budget
1936, with Dr. Gerald Benjamin
October 19, 2017
This episode's datapoint is 1936, as in the last time that voters in New York chose to call a convention to amend the state constitution. It is a question that is mandated to be on the ballot every 20 years, and after it was voted down by voters in 1957, 1977, and 1997, we are again at the 20-year mark here in 2017. Today's special guest is Dr. Gerald Benjamin of SUNY New Paltz, an expert on the constitution and the convention process.
Podcast episode
City Budget
60+ years, with Kent Hiteshew and Renee Boicourt
October 12, 2017
This episode's datapoint is "60+," as in the combined years of professional experience of special guests Renee Boicourt and Kent Hiteshew in matters of public finance. Listen to a live recording from CBC's recent event, "Fiscal Crises," where our expert guests discussed lessons learned from the bankruptcy of Detroit and the ongoing crisis in Puerto Rico.