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Testimony
Economic Development
NYCEDC 2018 and Beyond: Borough-by-Borough in the Next Four Years
Testimony before the New York City Council Committee on Economic Development
February 06, 2018
How can EDC improve its performance in 2018?
Podcast episode
City Budget
$88.7 billion, with Mara Gay
February 02, 2018
$88.7 billion is the NYC Preliminary Budget for Fiscal Year 2019, released yesterday by Mayor Bill de Blasio. City-funded expenditures are up 4.3 percent over fiscal year 2018. Wall Street Journal City Hall reporter Mara Gay joined WT[D]P to wade into the preliminary budget's details.
Press Release
City Budget
CBC Recommends Budget Strategies for Mayor de Blasio's Second Term
January 26, 2018
In order to reach, and then sustain, budget stability in the Mayor’s second term, the budget should contain spending growth; build reserves; reduce the size of the capital plan and the cost of capital projects; and strengthen finances at NYCHA and NYC H+H.
Podcast episode
City Budget
$14.3 billion, with First Deputy Mayor Dean Fuleihan
January 25, 2018
New York taxpayers could lose as much as $14.3 billion in federal tax deductions because of the capping of the state and local tax deduction in the new federal tax law. NYS Budget Director Robert Mujica and NYC First Deputy Mayor Dean Fuleihan discuss the potential impact and possible responses at a special conference event.
Podcast episode
City Budget
$168.2 billion, with David Friedfel
January 18, 2018
$168.2 billion is the NYS Executive Budget for Fiscal Year 2018-2019. Dave Friedfel joins WT[D]P to discuss budget growth, school aid, medicaid, economic development, and proposals to deal with the impact of federal tax law changes.
Podcast episode
City Budget
$3.2 billion, with James Patchett
January 12, 2018
$3.2 billion -- how much New York City spent on economic development in 2016, including tax expenditures, operating costs, and capital spending.NYCEDC President and CEO James Patchett joins the podcast to discuss the City's development strategy, tax breaks, NYC Ferry and the BQX project.
Podcast episode
City Budget
374, with Laura Nahmias
January 08, 2018
374 is the number of pages in Governor Cuomo's State of the State policy book. Laura Nahmias of Politico NY joins the podcast to discuss what the new year has in store for State and City politics.
Press Release
Economic Development
CBC Releases Report On Mayor De Blasio's Economic Development Record
January 02, 2018
Evaluation of the City's economic development record under Mayor de Blasio and recommendations for five areas for improvement.
Testimony
Economic Development
Testimony on Regular Evaluation of Tax Expenditures
Submitted to the New York City Council Committee on Finance
September 22, 2016
The impact of tax expenditures should be regularly assessed to determine whether they are inducing behavior or subsidizing activity that would happen anyway.
Testimony
Energy & Environment
Testimony to Reducing Food Waste in New York City
Submitted to NYC Council Committee on Solid Waste and Sanitation
June 07, 2016
Unless residential trash collection costs are reduced, new program costs will greatly overwhelm any potential savings from landfill reduction. A significant expansion of food waste collection may also outpace regional processing infrastructure.
Testimony
Pensions & Benefits
Testimony on Health Care Savings Under Recent Collective Bargaining Agreements
Delivered to NYC Council Committees on Finance and Civil Service
February 26, 2016
CBC has been monitoring New York City's efforts to find health savings. CBC has long advocated negotiating changes to health insurance as part of collective bargaining and applauded the labor-management agreement that committed to meet annual savings targets.
Testimony
Taxes
Testimony on Flaws in New York City's Real Property Taxation System
Submitted to the NYS Assembly Committee on Real Property Taxation
January 22, 2016
The two most significant issues are: 1) among residential properties, rental buildings are taxed more heavily than single family homes, and 2) within the two subgroups of residential properties—small homes and large rental buildings—property tax rates vary widely.