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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.
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.
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
Public Workforce
The High Cost of the MTA’s New Police Officers
September 25, 2019
The MTA has committed to hiring 500 new police officers to address quality of life concerns, but it is necessary to understand this strategy comes at a cost.
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.
Blog
Pensions & Benefits
Governor Cuomo Should Veto 19 Benefit Sweetener Bills
2019 Benefit Sweetener Scorecard Update
July 12, 2019
The bills would enhance benefits without providing enhanced services to taxpayers or offsetting savings.
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?
Blog
Public Workforce
59 New Bills Added to Benefit Sweetener Scorecard
June 06, 2019
In the remaining weeks of the legislative session, members will propose to enhance the benefits of State and local public employees and retirees.
Blog
Education
Adopted Budget Continues Unequal Access to a Sound Basic Education
May 22, 2019
It will cost NYS school districts approximately $62.6 billion to provide a sound basic education to all students, yet several districts will not have enough funding.
Blog
Public Workforce
NYS Legislature Introduces 130 Benefit Sweetener Bills
May 01, 2019
For the remaining seven weeks of the legislative session, members will propose to enhance the benefits of State and local public employees and retirees.
Blog
Pensions & Benefits
2019 Benefit Sweetener Scorecard
New York State Bill Tracker
May 01, 2019
For the remaining seven weeks of the legislative session, members will propose to enhance the benefits of State and local public employees and retirees.
Press Release
Transportation
CBC Releases “Reform At the Bargaining Table”
Report Details the Need to Improve Productivity at the MTA and Recommends “Net-Zero” Wage Increases
April 30, 2019
CBC released a report detailing the critical need to slow the growth of labor expenses if the MTA is to become fiscally sound.
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
Education
Funding a Sound Basic Education in 2020
March 07, 2019
Despite significant funding increases over the past decade, some districts in New York State still do not have the resources to provide a sound basic education.
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.