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July 13, 2020Federal aid should be a significant contributor to solving this crisis. Yet, even if the MTA receives all the aid it has requested, its leaders face hard choices about how to manage the resources they control.
Podcast episode City Budget
July 02, 2020$1 billion is the target reduction in the NYPD budget that became the focal point of recent budget negotiations. Was this cut actually made in the NYC Adopted FY2021 Budget? CBC's Adrian Pietrzak and Ana Champeny discuss the NYPD's budget and how it's going to change in the coming year in this special mini-episode.
Blog State Budget
June 25, 2020Any consideration of tax increases should include the impact on State and local economic competitiveness
Blog City Budget
June 12, 2020The NYPD is New York City’s third largest agency, commanding $10.9 billion in spending in fiscal year 2020, including pensions, fringe benefits, and debt service costs.
Special Feature Public Workforce
May 18, 2020NYC budget documents don't show a plan to shrink the workforce, which reached an all-time high, during this recession. That should change.
Video State Budget
April 04, 2020David Friedfel from CBC breaks down the final spending plan and what it means for New Yorkers.
February 21, 2020City taxpayers pay 71% on MTA non-toll, non-federal revenues.
Blog Public Workforce
February 18, 2020The agreements should include greater savings, including workrule changes, to offset the impact of these increased costs.
January 13, 2020While housing is the largest share of spending for most households, a more robust picture of affordability also should include transportation costs.
Report Capital Spending
December 11, 2008This report explores the application of public-private partnership (PPPs) in New York by explaining its definition of such a relationship and offering in-depth guidelines, potential applications (including highway bridges, New York City school buildings, New York City parks, and higher education facilities), examples on a global, national, and local level, and potential missteps and cautions.
Video Capital Spending
December 11, 2008Panel discussion from CBC's event on public-private partnerships, also knowns as PPPs or P3s.
February 04, 2008CBC recently looked at the option of expanding New York’s existing circuit breaker program to provide targeted relief to the neediest taxpayers as background for a forum on local tax relief convened on December 6, 2007. Based on that review of options the following points, outlined in this report, can be highlighted: 1) Circuit breakers are common; 2) New York’s circuit breaker needs reform; and 3) The poorly crafted School Tax Relief Program (STAR) would work better as a circuit breaker.
December 06, 2007A background paper for the third session of a 2007 stakeholder conference to “fix Albany.” The process by which the next budget is prepared and debated, as well as the substantive decisions it embodies, are critical to the movement for political and fiscal reform in New York State. This paper focuses on a more equitable and affordable local tax burden.
Presentation State Budget
December 06, 2007Presentation from a stakeholder conference on setting budget reform priorities in 2007.
June 02, 2007This report focuses on state and local business taxes in New York City, showing that those taxes are dramatically higher than comparable taxes for key competitors. Combined federal, state, and local taxes reduce the rate of return on new business investment in New York City significantly – about 36-50 percent, depending on location and industry. Most of this is due to federal tax – typically 34-36 percentage points. Taxes in New York City were the highest in all industries in 2006, and were highest or second-highest under virtually all scenarios examined. By contrast, taxes in other New York locations often were lowest or nearly lowest among the locations compared.
March 28, 2004This report examines the financing policies for passenger transportation services in the New York-New Jersey metropolitan area. Included are 25 entities consisting of the states of New York and New Jersey, the Port Authority, the MTA, New Jersey Transit, four additional authorities operating or financing toll roads, the City of New York, and 15 counties.
Report City Budget
December 06, 2002The CBC prepared this document to clear up a series of common misunderstandings about the budget.