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Statement
City Budget
Underbudgeting Still Clouds City’s Fiscal Picture, Even with Expanding Economy
April 24, 2024
While an expanding economy brightens the revenue outlook, low-balled expenditures still cloud the City’s fiscal picture.
Statement
State Budget
NYS Late Budget Fails to Reduce Structural Gap
$237B of Spending Approved without Providing Financial Plan Tables
April 20, 2024
Three weeks late, State lawmakers finally approved the budget and again have failed to publish basic financial plan tables that show New Yorkers essential details about how their money is being spent this year and the budget’s future impacts.
Statement
State Budget
Conceptual Budget Agreement Appears to Take State Further in Wrong Direction, Increasing Structural Gap above $16B
Lawmakers Should Show Basic Financial Plans
April 15, 2024
The two-week late “conceptual” budget agreement leaves New York State with a significant future structural budget gap likely exceeding $16 billion.
Statement
State Budget
Statement on Late NY State Budget for FY 2025, Need for Another Extender
April 11, 2024
Late budgets should still be good budgets. This final stretch should be short and produce a budget that is good for New Yorkers now and in the long run.
Statement
Pensions & Benefits
Statement on Proposed Tier 6 Benefit Sweetener as Part of State’s Fiscal Year 2025 Budget
March 27, 2024
The proposed change to Tier 6 pension benefits, which will cost the State and local governments in New York nearly $400 million per year, is unnecessary, expensive, and should be rejected.
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.
Statement
State Budget
Statement on State One-House Budget Proposals
March 12, 2024
The Legislature's one-house proposals shift the budget discussion in the wrong direction. Both houses propose tax increases that would weaken New York’s already precarious competitive position.
Video
State Budget
Conversation with Blake Washington, NYS Budget Director
A CBC Event
February 15, 2024
Blake G. Washington is the Budget Director for the State of New York, and he joined CBC Trustees for an in-depth look at the State’s fiscal picture.
Statement
City Budget
Statement on the New York City Fiscal Year 2025 Preliminary Budget
January 16, 2024
While Mayor Adams leveraged strong revenues and wisely implemented two rounds of PEG savings to balance the Preliminary Budget, many more hard choices are still needed to stave off a fiscal reckoning.
Statement
State Budget
Statement on the New York State Executive Budget for Fiscal Year 2025
January 16, 2024
While the budget takes some important initial steps to reduce spending growth, significant additional restraint will still be needed to close the State’s structural budget imbalance.
Statement
State Budget
Statement on Governor Hochul's 2024 State of the State Address
January 09, 2024
Governor Hochul rightly highlighted the importance of ensuring New York is attractive and affordable to businesses and residents and the need to protect New Yorkers from more tax increases.
Video
Economic Development
State Economic Development Programs: Are We Getting Our Bang for Our Buck?
TWC News
September 29, 2016
Allegations in state government are bringing more light to the state's economic development - the cost of many programs continues to rise but the rate of return doesn't hold up. CBC's Dave Friedfel explains.
Video
Economic Development
NYC’s Competitiveness in Attracting Talent
A Panel Discussion
September 28, 2016
CBC Vice President Maria Doulis presented findings of CBC's Competitiveness Scorecard, which assesses the New York City metro area's competitiveness in attracting talent. The presentation was followed by a panel discussion on ways NYC can improve its competitive edge.
Video
Health Care
NYS Medicaid Director Jason Helgerson (2016)
MRT Update
September 15, 2016
NYS Medicaid Director Jason Helgerson presents to the CBC an annual update on progress made by the Medicaid Redesign Team.
Video
City Budget
Under the Hood with N.Y. City Budget
The Bond Buyer
July 27, 2016
Maria Doulis of the watchdog Citizens Budget Commission and Howard Cure of Evercore Wealth Management dissect New York City’s $82 billion budget with Bond Buyer Northeast regional editor Paul Burton. They explore efficiencies, debt management, reserves, the economy, the capital budget and Mayor Bill de Blasio’s plan to overhaul Health + Hospitals.
Video
City Budget
NYC Budget Director Dean Fuleihan (2016)
CBC Breakfast Series
June 01, 2016
2016 Annual NYC Budget Briefing with Budget Director Dean Fuleihan.
Video
Economic Development
NYS Exposed
Risky Business Investments
April 25, 2016
Billions of your taxpayer dollars are used in an effort to lure businesses to our region to create jobs. What's being done to make sure state money isn't being wasted?
Video
Energy & Environment
NYC Sanitation Commissioner Kathryn Garcia
CBC Breakfast Series
April 21, 2016
CBC Breakfast with Commissioner Kathryn Garcia in April 2016.
Video
Education
CUNY Chancellor James B. Milliken
CBC Breakfast Series
March 03, 2016
CBC Breakfast with CUNY Chancellor James B. Milliken in March 2016.
Video
City Budget
De Blasio Preliminary Budget Accounts for Potential Economic Downturn
NY1
January 21, 2016
Mayor Bill de Blasio's $82 billion spending plan includes a host of new spending initiatives but no plans to boost the city's reserves.