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Report Taxes

Tax Policy Choices and New York City's Competitive Position

December 06, 2013
The purpose of this background paper is to help inform tax policy choices that the new mayoral administration may face. It examines levels of taxation in New York City compared to other cities, and it reviews research on how taxes affect the local economy and migration patterns.
Video City Budget

Tax Revenue Panel

December 06, 2013
This panel discusses options to reform and increase the property tax; and the impact of tax levels on residential and business location decisions.
Video Economic Development

Economic Development Panel

December 06, 2013
This presentation and panel discuss economic development in New York City since 2000, with a focus on the City's relative economic performance, the broad range of activities of the Economic Development Corporation, and the effectiveness of development strategies.
Presentation City Budget

Options to Reduce Expenditures

December 06, 2013
In this presentation, CBC puts forward eight options to reduce expenditures by nearly $4 billion by FY2018.
Video City Budget

Expenses Panel

December 06, 2013
This presentation focused on options for curbing expenditures without harming the quality of local public services. Panelists discussed these options and presented other ideas for most cost-effective public services.
Video Capital Spending

Capital and Debt Panel

December 06, 2013
The next mayor will be constrained by a high debt burden that will require restraining capital spending. What principles should the next administration use to devise a long-term capital plan?
Letter Taxes

CBC Recommendations to the New York State Tax Relief Commission

November 26, 2013
This letter to the NYS Tax Relief Commission includes cautions about the State's ability to commit to large new property tax relief programs, and recommendations for providing better relief with the $4 billion the State spends on current programs.
Blog Taxes

Good Ideas in Tax Commission Report

November 14, 2013
The State Tax Reform and Fairness Commission contains many smart proposals, including reducing exemptions from the sales tax and reforming business tax incentives.
Presentation City Budget

Budgeting and Performance

November 05, 2013
Presentation on linking budgeting and performance given by CBC’s Director of City Studies Maria Doulis at “The Measured City” Conference on October 30, 2013.
Blog City Budget

The End of The Retiree Trust Fund

July 22, 2013
Tthe Financial Control Board (FCB) certified New York City’s Adopted Budget for Fiscal Year 2014 is balanced. As the FCB mentions in its report, the 2014 budget is balanced with $2.8 billion in surplus funds from fiscal year 2013 and $1 billion withdrawn from the Retiree Health Benefits Insurance Trust Fund.