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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.
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.
Letter
Transportation
CBC Urges Governor to Veto Two Free Transfers Legislation
December 14, 2017
CBC calls on Governor Andrew Cuomo to veto bill that would require the Metropolitan Transportation Authority to provide two free transfers between subways and buses within a two-hour period.
Op Ed
State Budget
Repeal the Film Tax Credit, But Don't Expect Savings Just Yet
Even if this wasteful program is killed in 2018, its expenditures will continue for years
December 13, 2017
The Citizens Budget Commission is a long-time critic of the New York State Film Tax Credit program and supports its repeal. However, due to some unusual provisions of state tax law, repeal of the credit will not yield immediate state savings.
Report
Pensions & Benefits
2017 Benefit Sweetener Scorecard
December 07, 2017
The State Legislature passed 26 bills. Click to learn more.
Report
Economic Development
Tax Increment Financing: A Primer
December 05, 2017
This report provides an overview of TIF and a five-point checklist drawn from lessons learned from past projects to help identify potential TIF projects.
Blog
Transportation
More Than Enough Problems
The MTA 2018 Final Proposed Budget and Four-year Financial Plan
November 27, 2017
There are unanswered questions about the MTA's 2018 budget and $1.5 billion Subway Action Plan.
Press Release
Economic Development
CBC Report On BIDs Calls For Increased Oversight And Transparency
November 02, 2017
CBC examined the process for setting assessment fees, their uses, and the city’s oversight of BIDs, and recommends increased public review and performance evaluation.
Press Release
Pensions & Benefits
CBC Issues Report Detailing The Unsustainable And Growing Burden Of New York City's Other Post-Employment Benefit Debt
October 25, 2017
NYC's Other Post-Employment Benefits (OPEB) amounts to $95 billion. New policies should be implemented to reduce the financial burden on future generations.
Report
Pensions & Benefits
The Price of Promises Made
What New York City Should Do About Its $95 Billion OPEB Debt
October 25, 2017
CBC presents options for tackling this looming $95 billion liability threatening New York City's fiscal health.
Press Release
Capital Spending
CBC Issues Report Estimating Mario M. Cuomo Bridge Toll Will Double
October 13, 2017
In order to fully fund the cost of construction, CBC estimates that the toll will need to increase to approximately $10.
Press Release
Capital Spending
CBC Issues Report Estimating Mario M. Cuomo Bridge Toll Will Double
October 13, 2017
In order to fully fund the cost of construction, CBC estimates that the toll will need to increase to approximately $10.
Report
Capital Spending
Bridging the Financial Gap
Funding the Governor Mario M. Cuomo Bridge
October 12, 2017
Tolls for the new Governor Mario M. Cuomo Bridge have not been released yet, but based on construction costs, CBC estimates it will be approximately $10 for cars, double the current rate.
Letter
State Budget
CBC Urges Governor to Veto Expensive Benefit Sweeteners
October 12, 2017
CBC calls on Governor Andrew Cuomo to veto 16 bills that would provide expensive enhancements to government employee and retiree benefits.
Report
Transportation
Bumpy Road
Transportation Capital Planning in New York State
August 21, 2017
What the State should do to ensure its transportation investment is well-targeted and strategic.
Press Release
City Budget
CBC Issues Report On New York City Government's Excessive Overtime Spending
August 17, 2017
CBC calls for the creation of a labor-management committee to reduce excessive overtime spending by the Police, Fire, Correction, and Sanitation departments.
Report
Public Workforce
Overboard on OT
Reductions in Uniformed Overtime Needed
August 17, 2017
NYC blows its budget on overtime annually, and the costs have grown tremendously year over year. To "cap" overtime effectively, labor and management should work collaboratively.
Testimony
Transportation
Improving the New York City Subway System
Submitted to the NYC Council Committee on Transportation
August 08, 2017
System enhancements have often been prioritized over capital improvements of the MTA's infrastructure. The sensible and ambitious turnaround plan should be funded by motorists and increased labor productivity.
Statement
Transportation
Statement on the Mayor’s Proposal to Raise Revenue for the MTA
through an Increase in the NYC Personal Income Tax
August 07, 2017
Mayor de Blasio’s proposal to raise the top rate on the personal income tax is not an appropriate way to raise funds.
Op Ed
Transportation
Shared sacrifice to save the subways
It's not just the mayor and governor; transit workers and motorists must chip in, too
July 28, 2017
Neither the “city” nor the “state” is a person with a bank account: it is taxpayers who are being called upon to foot the bill. Motorists and workers should also share the burden.