Search
Showing 1 - 16 of 16
Testimony
Transportation
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.
Letter
Economic Development
CBC Urges Veto of ICAP Extension
S9822/A10530 Extends NYC's Industrial and Commercial Abatement Program Without First Evaluating Its Effectiveness
August 13, 2024
Alternatively, a one-year extension would allow time to evaluate ICAP's cost-effectiveness and identify beneficial eligibility and benefit changes
Statement
State Budget
Statement on Medicaid/Managed Care Tax Proposal in NYS Budget Talks
March 26, 2024
The proposal to levy a new tax on Medicaid and other managed care plans to leverage $4 billion of federal money relies on speculative, temporary revenue to seed permanent spending increases.
Blog
Pensions & Benefits
Simple But Significant
Savings from the Elimination of the Medicare Part B Reimbursement
December 19, 2010
As New York’s elected officials consider options for balancing budgets in the face of record deficits, they should eliminate a public employee fringe benefit rarely offered anywhere else: reimbursement for Medicare Part B premiums.
Blog
Capital Spending
When Will the Capital Budget Cuts Really Arrive?
December 09, 2010
Failure to impose fiscal austerity on the infrastructure agenda is evident in growing levels of capital commitments.
Blog
Pensions & Benefits
What is OPEB and Why Does it Cost $9.4 Billion?
December 05, 2010
The true cost of retiree health insurance and "other postemployment benefits," or OPEB, was $9.4 billion in fiscal year 2010. Why it cost so much and what should be done about it.
Report
Health Care
Analysis of the New York State Medicaid Program and Identification of Potential Cost-Containment Opportunities
November 17, 2010
This report identifies trends in expenditures and enrollment in New York’s Medicaid program.
Report
Health Care
No Easy Solution
Effective Medicaid Control Must Focus on the Elderly and Disabled
November 17, 2010
This report examines Medicaid spending in New York relative to other states and finds the program is big not just because New York is a populous state or it covers a lot of people. It recommends a multi‐year agenda to restructure service provision and the cost of care for the elderly and disabled.
Blog
Capital Spending
Mind the Gap
Funding Repair and Maintenance of New York City Infrastructure
July 26, 2010
Past neglect has created a need for nearly $5.6 billion in repair of existing facilities in New York City in order to bring them to satisfactory condition, known as a "state of good repair." Yet the City's capital budget allocates only about half, with the gap especially large for streets, hospitals, and parks.
Blog
Capital Spending
New York City Capital Spending: A Retrospective
April 21, 2010
Analyzes the impact of capital investments under Mayor Bloomberg.
Letter
Economic Development
CBC Urges the State Legislature to Let the Empire Zones Program Sunset
April 12, 2010
This letter was written to urge the State legislature to allow the seriously flawed Empire Zones program to sunset as of June 30, 2010, as established by law, and to enact the Excelsior program as proposed by the Governor.
Blog
Economic Development
End the Empire Zones Program and Adopt Excelsior
March 24, 2010
Explains why Empire Zones were ineffective and argues in favor of the improved features of Excelsior tax credits.
Report
State Budget
In The Danger Zone
A Comparative Analysis of New York State's Long-Term Obligations
March 08, 2010
This comparative analysis examines the debt burden of the 50 states. It finds that New York's debt burden is well above national averages and greater than that of all but three states.
Report
State Budget
New York's Endangered Future
Debt Beyond Our Means
September 21, 2005
New York State's debt obligations will require current and future taxpayers to bear a burden that creates a competitive disadvantage with the other states. The core issue is that New York has no effective legal limits on the amount of debt it can assume. CBC advocates for short-run and long-run measures; in the near term, voters should reject bond referendums such as the Transportation Bond Act of 2005 until debt is brought under control, and in the long-run the State must strike a balance between adequate infrastructure investment and a competitive debt burden.
Report
Economic Development
Encouraging Small Business Success in New York City and Northern New Jersey
What Firms Value Most
July 29, 2005
This survey of small businesses in New York City and Northern New Jersey finds that these businesses broadly agree on the three most important factors to success: 1) Overall cost of business; 2) Proximity to clients and markets; and 3) Access to a skilled labor force.