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Press Release
CBC News
CBC Releases "Fiscal Year 2024 Executive Budget: NYC Department of Education Overview"
May 22, 2023
The fiscal year 2024 budget is nearly $500 million below the current projection for fiscal year 2023.
Report
Housing
Uncertain Future, Urgent Priority:
Fix NYCHA's Operating Budget Now
May 19, 2023
rapidly rising costs and flagging rent collections have combined to widen budget gaps, leaving NYCHA increasingly reliant on City subsidies and other non-operating resources to fund its basic operations.
Press Release
CBC News
CBC Releases "Uncertain Future, Urgent Priority: Fix NYCHA's Operating Budget Now"
May 18, 2023
CBC's new policy brief reveals that NNYCHA’s long-standing fiscal challenges have worsened, and that the consequences of delaying long overdue fixes could be dire.
Press Release
CBC News
CBC Releases "Not Undercover: The NYC Fiscal Year 2024 Executive Budget for the NYPD"
May 17, 2023
CBC’s new blog finds that the $10.8 billion allocated to the NYPD for fiscal year 2024 is likely $600 million less than is needed to fund recent collective bargaining agreements and overtime.
Press Release
CBC News
CBC Releases "4 Fast FHEPS Facts"
May 08, 2023
CBC's new blog finds that spending on New York City's rental assistance programs is expected to reach $636 million in fiscal year 2023.
Report
City Budget
7 Facts About the NYC Department of Buildings
April 25, 2023
CBC’s review of the agency’s budget presents trends in spending, revenues, staffing, and outputs.
Press Release
CBC Releases "7 Facts About the NYC Department of Buildings"
April 25, 2023
The NYC Department of Buildings (DOB) is critical to ensuring the safety of the city’s buildings and construction, supporting development through efficient permitting and plan review, and enforcing compliance with building and zoning codes.
Letter
State Budget
Letter to State Leaders About State Aid to NYCHA for Rent Arrears
A Letter to the Governor, Senate Majority Leader, and Assembly Speaker
April 14, 2023
NYCHA’s health is critically important to the well-being of its residents and to the fiscal health of the State and New York City.
Press Release
CBC News
CBC Releases "7 Facts about the Adams Administration’s Prior Savings Plans"
April 12, 2023
When Mayor Eric Adams’ Administration directed City agencies to implement a PEG (Program to Eliminate the Gap) last week, many were concerned about the potential service impact since the Administration had already implemented three savings plans.
Press Release
CBC News
CBC Releases "School Spending, Enrollment, and Fiscal Cliffs 101"
The NYC Department of Education Budget Before, During, and After the Pandemic
April 11, 2023
New York City spends $36.9 billion—more than one-third of its annual budget—educating children.
Report
Education
School Spending, Enrollment, and Fiscal Cliffs 101:
The NYC Department of Education Budget Before, During, and After the Pandemic
April 11, 2023
Decisions about the DOE’s budget should consider enrollment declines and the City’s precarious fiscal condition.
Report
State Budget
Lump Sum Warning
$14.8 Billion in Proposed State FY 2024 Discretionary Lump Sum Spending Authority Invites Waste and Corruption
March 31, 2023
The State’s resources should be allocated transparently and based on clearly articulated priorities, quantified assessments of needs, and the likely evidence-driven benefits of the spending.
Letter
State Budget
Watchdog Groups Urge the Governor and Legislative Leaders to Publish Basic Financial Tables with Budget Agreement
A Letter to the Governor, Senate Majority Leader, and Assembly Speaker
March 29, 2023
We urge you to publish basic, multi-year financial plan tables when you agree on the Fiscal Year 2024 Enacted Budget.
Press Release
CBC News
CBC Releases "Steep Incline and Cliffs Ahead"
March 27, 2023
This year’s budget proposals by the Governor, Senate, and Assembly not only fail to address the State’s precarious fiscal outlook but make it worse.
Report
State Budget
Steep Incline and Cliffs Ahead:
Unaffordable NYS FY 2024 Spending Proposals Put Future at Risk
March 24, 2023
New York State’s budget has recently grown at an incredible and unsustainable rate, risking future instability and setting the stage for damaging service cuts or counterproductive tax increases.
Letter
State Budget
Watchdog Groups Support Legislature's Omission of Extraordinary Budget Powers, Urge Further Action
A Letter to State Legislative Leaders
March 23, 2023
We strongly support your choice to omit several extraordinary Executive budget powers in your houses’ fiscal year 2024 budget proposals.
Press Release
CBC News
CBC Submits Testimony on the New York City Housing Authority and the City's Preliminary Fiscal Year 2024 Budget
March 13, 2023
With deferred maintenance driving costs higher and flagging rent collection, NYCHA's structural budget gap is widening.
Press Release
CBC News
CBC Releases "Recommendations for Legislative Action on the Fiscal Year 2024 NYS Executive Budget"
March 11, 2023
CBC’s recommendations are rooted in key economic and fiscal realities.
Letter
State Budget
Recommendations for Legislative Action on the Fiscal Year 2024 NYS Executive Budget
Letter to the State Legislature
March 11, 2023
Our state’s competitiveness to attract and retain residents and businesses may well be more threatened now than any time in the last 50 years.
Press Release
CBC News
CBC Releases "Shrink, Don’t Expand, the New York State Film Tax Credit"
March 06, 2023
CBC’s new blog, Shrink, Don’t Expand, the New York State Film Tax Credit, recommends rejecting the Fiscal Year 2024 Executive Budget proposal to extend and expand the Empire State Film Tax Credit.