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December 06, 2013The 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
December 06, 2013This panel discusses options to reform and increase the property tax; and the impact of tax levels on residential and business location decisions.
December 05, 2013The purpose of this report is to describe three options for increasing property tax revenues. The first of these options maintains status quo inequities; in contrast, the other two address some major problems with fairness and efficiency that characterize current policy.
November 26, 2013This 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.
November 14, 2013The State Tax Reform and Fairness Commission contains many smart proposals, including reducing exemptions from the sales tax and reforming business tax incentives.
Blog City Budget
July 22, 2013Tthe 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in its report, the 2014 budget is balanced with $2.8 billion in surplus funds from fiscal year 2013 and $1 billion withdrawn from the Retiree Health Benefits Insurance Trust Fund.
Report Public Workforce
May 19, 2013This brief lists seven things New Yorkers should know about New York City collective bargaining and labor relations.
Video Health Care
May 14, 20132013 Medicaid Redesign Team Briefing given by NYS Medicaid Director Jason Helgerson.
Blog City Budget
May 09, 2013“Legacy costs” will claim almost 25 percent of the budget by fiscal year 2015 – leaving fewer dollars for other budget priorities.
Video Pensions & Benefits
April 17, 2013CBC Breakfast with NYC Deputy Mayor Caswell Holloway in April 2013.
March 20, 2013The NYS Enacted FY2014 Budget includes an extension of a personal income tax surcharge that is disappointing and should be reconsidered.
Blog Pensions & Benefits
February 19, 2013Eight bills introduced in the NYS Assembly enhance pension benefits of public employees and retirees. These bills would add at least $1.35 billion in costs to State and local employers.
Report Pensions & Benefits
January 27, 2013This report analyzes New York City’s health premium policies for employees and retirees and suggests options to generate savings by implementing premium-sharing in the City's largest plans.