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Blog
State Budget
What to Look for in New York State’s Fiscal Year 2025 Executive Budget
January 11, 2024
With Governor Kathy Hochul having delivered her State of the State address and the Legislature convened, attention in Albany now turns to the Fiscal Year 2025 Executive Budget—due in just a few days.
Testimony
Energy & Environment
Comment on the Second Set of Proposed Rules for Local Law 97
Submitted to the New York City Department of Buildings
October 24, 2023
CBC has long advocated to incentivize cost-effective compliance paths that prioritize emissions reduction over merely paying the fines.
Blog
State Budget
New York State Budget Process Reform—Little Progress
2023 Update
June 21, 2023
With the budget now enacted and the scheduled legislative session concluded, CBC finds the State made little progress implementing the structural reforms needed.
Blog
Economic Development
Shrink, Don’t Expand, the New York State Film Tax Credit
March 06, 2023
The current program already is overly generous compared to other states and should be phased out.
Blog
Economic Development
No Extension without Evaluation
Reject Proposed Extension of Certain NYC Economic Development Tax Breaks Absent Appropriate Analysis
February 23, 2023
Prior evaluations found two of these programs to be ineffective; the bar to justify their extension should be appropriately higher.
Blog
State Budget
Five Fast Facts About the New York State Fiscal Year 2024 Executive Budget
February 03, 2023
To start to unpack the fiscal drivers and implications, CBC starts with five fast facts.
Blog
State Budget
CBC’s New York State Budget Priorities
Fiscal Year 2024
January 30, 2023
Resources available in the near term should not cloud the State’s significant fiscal and economic risks, and the need to stay competitive for residents and businesses.
Testimony
Energy & Environment
Testimony on the Implementation of the Climate Action Council Final Scoping Plan
Submitted to the New York State Senate Standing Committees on Finance, Energy and Telecommunications, and Environmental Conservation
January 19, 2023
New York has a long way to go to meet its ambitious climate goals.
Blog
State Budget
What to Look for in New York State’s New Year
January 09, 2023
The State enters a new Legislative session and a new gubernatorial term in less favorable fiscal condition than a year ago and with threatening economic headwinds.
Testimony
Energy & Environment
Comment on the Proposed Rules for Local Law 97
Submitted to the New York City Department of Buildings
November 14, 2022
Thank you for the opportunity to comment on the recently released proposed rules for the implementation and enforcement of Local Law 97 (LL97).
Testimony
Energy & Environment
Testimony on Renewable Energy and New York City’s Climate Adaptation
Submitted to the New York City Council Committee on Environmental Protection
October 13, 2022
CBC’s work has focused on implementing both the CLCPA and LL97 using the most cost-effective strategies and balancing economic incentives to further these ambitious GHG reduction goals.
Testimony
Energy & Environment
Testimony on the State of New York City Recycling
Submitted to New York City Council Committee on Sanitation and Solid Waste Management
September 20, 2022
Increasing recycling with a focus on cost-effective strategies can deliver both fiscal savings and environmental benefits.
Testimony
Transportation
Testimony on the Congestion Pricing Environmental Assessment
August 31, 2022
CBC supports speedy implementation, paired with ongoing monitoring and continual improvement, to reduce congestion and emissions and improve transit for the future of all New Yorkers.
Blog
State Budget
Late Addition
$1.6 billion in Capital Pork Served Up
July 20, 2022
The additional cash and pressure to achieve a budget deal also resulted in the late addition of $1.6 billion for capital projects that were not included in the Executive’s or Legislative budget proposals.
Press Release
Economic Development
Pennsylvania Station Area Civic and Land Use Improvement Project
June 24, 2022
Read more on the outstanding issues that must be addressed for the project to have the maximum and most cost-effective impact for all New Yorkers.
Testimony
Transportation
Testimony to the New York State Senate on the Pennsylvania Station Area Civic and Land Use Improvement Project
Submitted to the Senate Standing Committee on Corporations, Authorities and Commissions and the Senate Standing Committee on Finance
June 24, 2022
To ensure the project has the maximum and most cost-effective impact, the plan should be designed and executed well, should be based on appropriate decision making input and authority, and should appropriately leverage City, State, federal, and private resources.
Blog
State Budget
NYS Budget Basics, Fiscal Future
The Fiscal Year 2023 Enacted Budget Financial Plan
May 24, 2022
Given the uncertain economic recovery, the budget choices State leaders made all but assure New York will have to make permanent the temporary tax increases of 2021, and may lead to drastic service cuts or even greater tax increases in the future.
Testimony
Energy & Environment
Comment on Climate Action Council’s Draft Scoping Plan
Submitted to the New York State Climate Action Council
May 11, 2022
By incorporating these recommendations, the FSP would guide policymakers and all stakeholders in making the best, practical decisions needed to achieve New York State’s GHG reduction goals.
Testimony
Energy & Environment
Testimony on the Implementation of Local Law 97
Submitted to the City Council Committee on Housing and Buildings and Committee on Environmental Protection
April 13, 2022
The City should use the flexibility in the law to balance the incentives to encourage building owners to reduce energy consumption and convert to low and no emission sources rather than just pay fines.
Testimony
Economic Development
Testimony on the Effectiveness of NYS Economic Development Programs
Submitted to Joint NYS Senate Committee Hearing
January 14, 2022
While New York is a leader in the scope and amount of its economic development spending, it is not a leader in job-creating projects.