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Blog Capital Spending

The Dos and Don’ts of PPPs

December 04, 2011
Dos and Don’ts for the use of PPPs, or "P3s" adapted from the CBC's 2008 report, “How Public-Private Partnerships Can Help New York Address Its Infrastructure Needs.”
Blog Pensions & Benefits

New York City Is Not Alone

November 16, 2011
Reducing the pensions funds' investment target to 7% would be prudent in order to keep the City’s pension funds fully funded, and it would be consistent with changes that have been adopted by other large public pension systems.
Blog Pensions & Benefits

Another Promising Sign

July 12, 2011
The Citizen Budget Commission congratulates Governor Andrew Cuomo on his veto of A6309/S4067, the bill that proposed allowing school districts to borrow over $1 billion for pension costs.
Letter Pensions & Benefits

CBC Urges the Governor to Veto a School District Borrowing Bill

July 11, 2011
CBC sent a letter to Governor Cuomo urging him to veto A6309/S4067, the bill that would allow school districts to borrow an amount equal to 125% of their required 2011 pension contributions and to repay them over 15 years.
Blog City Budget

New York City’s Adopted Budget: Missed Opportunities

July 05, 2011
In adopting the FY2012 budget, City leaders missed the opportunity to address the big-ticket items – health insurance, pensions and debt service – whose unchecked growth will continue to dominate the budget and result in service reductions and layoffs.
Blog Pensions & Benefits

Possible City Savings From Health Insurance Changes

June 19, 2011
Following the template provided by Governor Cuomo and the CSEA can produce $1.4 billion in savings for New York City in fiscal year 2012 – more than enough to avert layoffs and other cuts.
Video Transportation

Jay Walder, MTA Chairman and CEO

April 16, 2011
A forum discussing the future of the MTA's Capital Plan, with opening remarks by MTA Chair & CEO Jay Walder.
Blog Pensions & Benefits

An End to Business As Usual

April 10, 2011
CBC calls for an end to “business as usual:” the relentless introduction of pension sweeteners.
Report Transportation

Benchmarking Efficiency for the Metropolitan Transportation Authority's Services

April 05, 2011
This report helps identify priorities for ongoing efforts to control costs at the Metropolitan Transportation Authority through benchmarking by comparing unit cost measures with other large urban transit agencies in the United States. It also suggests priorities for new efficiency initiatives.
Blog Pensions & Benefits

Simple But Significant

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 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.