Search
Showing 1 - 20 of 22
Press Release
Health Care
CBC Report Finds NYC H+H Recovered Only 54 Percent of Associated Patient Care Costs from Insurers
Compared to 85 Percent for Safety Net Hospitals
December 16, 2019
Majority of H+H Deficit was due to low revenue for care to Medicaid patients, not uncompensated care for the uninsured.
Blog
City Budget
Less Spending, More Saving
Benchmarks to Assess the NYC Financial Plan
November 13, 2019
Four things the upcoming budget should do to put the city on better financial footing.
Video
CBC News
Breakfast with First Deputy Mayor Dean Fuleihan
A CBC Breakfast Series
November 10, 2019
First Deputy Mayor Dean Fuleihan and CBC President Andrew Rein sat down for a fireside chat to discuss the important issues being addressed by the Administration.
Video
City Budget
Breaking Down the Proposed Changes to the City Charter
Spectrum News NY1
October 29, 2019
CBC President Andrew Rein explains the importance of voting "yes" on ballot question #4, which would allow for the creation of a “rainy day fund” and let the city save money during prosperous times.
Blog
Public Workforce
Four Facts about New York City Full-Time Employees
October 17, 2019
Here are four facts about full-time NYC employees in fiscal year 2019.
Video
Housing
Vicki Been, Deputy Mayor for Housing and Economic Development
A CBC Breakfast Series
October 11, 2019
Deputy Mayor Been joined CBC to discuss City housing and economic development policy in a fireside chat with CBC President Andrew Rein.
Press Release
Housing
Working Group to Address Full Capital Needs for NYCHA's Chelsea Developments
The City of New York, Office of the Mayor
October 10, 2019
Mayor de Blasio today announced the creation of a working group to address the future of the Fulton Houses, Elliot-Chelsea, and Chelsea Addition NYCHA developments.
Blog
Transportation
NYC Ferry Comparative Analysis
October 07, 2019
Among large urban ferry systems, NYC Ferry's subsidy is second highest.
Blog
Taxes
Personal Income Tax Revenues in New York State and City
August 13, 2019
PIT revenues are a significant - and volatile - part of State and City budgets.
Press Release
Education
CBC Identifies Strategies to Significantly Reduce Public School Crowding and Save $2.4 Billion
July 10, 2019
CBC released a comprehensive report demonstrating how administrative solutions can reduce school crowding.
Blog
City Budget
When the Smoke Clears
Despite Continued Economic Strength, NYC Spent More Than It Received in 2019
June 30, 2019
The City’s spending obligations in fiscal year 2019 were $255 million greater than the revenues collected. How is this possible when State law and the City Charter require balanced budgets?
Video
City Budget
Breakfast with NYC Comptroller Scott Stringer
June 27, 2019
At a fireside chat with CBC President Andrew Rein, NYC Comptroller Scott Stringer discussed City fiscal policy, the need for rainy day reserves, and how to promote New York City’s competitiveness, among other topics.
Video
City Budget
Melanie Hartzog, NYC Budget Director
CBC Breakfast Series
May 17, 2019
OMB Director Melanie Hartzog presented the New York City Executive Budget to CBC Trustees and to answered important questions.
Blog
Taxes
Follow the Money
The MTA’s New Revenues
April 05, 2019
The NYS Adopted FY 2020 Budget directs three revenue sources to support the MTA. This blog clarifies what the revenue streams are and how they will flow to the lockbox.
Video
Transportation
CBC Report on NYC Ferry and Subsidies
Fox 5 News
March 30, 2019
According to a CBC report, the number of NYC Ferry passengers for all of last year is less than the number of passengers who ride NYC subways in just one day. Mayor de Blasio defends the ferry service & says it’s a long-term investment.
Video
Transportation
Report Slams High Subsidy Cost for Running NYC Ferry Service
Specrum News NY1
March 29, 2019
A new study by the Citizens Budget Commission finds that each trip costs taxpayers $10.73. That's more than 10 times the subsidy for a trip on the subway at $1.05.
Blog
Taxes
Pied-à-Terre Tax
Appealing but Problematic
March 13, 2019
The pied-à-terre tax is appealing politically because it is levied on wealthy people with means to pay and nonresidents who do not vote. Nevertheless, it is problematic for several reasons.
Blog
City Budget
PEGging It Right
Guidelines for the PEG Process
March 05, 2019
For the first time since taking office, Mayor Bill de Blasio has announced plans to implement a Program to Eliminate the Gap (PEG), which requires agencies to generate savings through expense reductions or revenue enhancements. The de Blasio administration previously eschewed PEGs in favor of Citywide Savings Plans (CSPs); in contrast to the PEG, agency participation in the CSP was voluntary. Pursuing a PEG presents both a challenge and an opportunity. This blog proposes three guidelines for the process: 1) identify significantly more than $750 million in savings, 2) encourage recurring savings through efficiency, and 3) follow agencies’ leads.
Blog
City Budget
NYC Revenues in a Recession
Quantifying the Potential Shortfall
February 26, 2019
The potential shortfall from a recession comparable to the last two recessions could be substantial: between $15 billion and $20 billion below projections over three years.
Press Release
Transportation
CBC Recommends Five Principles for Congestion Pricing
February 13, 2019
The CBC today released its five key principles for crafting an effective congestion pricing program.