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Podcast episode Education
July 19, 201998,000 is the number of seats for public school students constructed by the NYC School Construction Authority - about twice as many as in Yankee Stadium. Riley Edwards discusses alternative strategies for solving the crowding problem.
Press Release Education
July 10, 2019CBC released a comprehensive report demonstrating how administrative solutions can reduce school crowding.
July 09, 2019Administrative solutions can reduce school crowding and limit the need to build expensive new school buildings.
June 12, 2019Despite significant increases in state aid and local revenues—not all districts have the resources to provide a sound basic education in 2020.
May 31, 2019Do schools in NYS have enough money to provide a Sound Basic Education. CBC says yes, except for 21 districts.
May 22, 2019It 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.
Special Feature City Budget
May 13, 2019A snapshot of NYC's budget, including projections for spending, headcount, savings, liabilities, and revenue shortfalls in case of a recession.
April 05, 2019The NYS Adopted FY 2020 Budget directs three revenue sources to support the MTA. This blog clarifies what the revenue streams are and how they will flow to the lockbox.
March 13, 2019The 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.
Op Ed Education
March 11, 2019Albany should target the distribution of school aid to districts that need it, rather than ensure that almost every district gets more no matter its circumstance.
March 07, 2019Despite 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
February 26, 2019The 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.
February 06, 2019In the aggregate New York State spends enough to provide all students with a sound basic education; however, State school aid is not targeted well enough to achieve this goal in all districts.
December 18, 2018City officials cannot continue to expect the City can build its way to a solution; making real progress will require implementing operational strategies that alter the use of space and redirect students to facilities with capacity.
Blog State Budget
December 13, 2018There is significant revenue potential from the marijuana industry, but research suggests that many months or years of careful planning precede consistent revenues.
November 27, 2018CBC makes recommendations for property tax reform to fix problems with transparency and equity of the system.
Podcast episode Taxes
November 16, 20181981 is the year in which the State Legislature enacted S7000A, the landmark law that established the current property tax system for New York City. The problems with the property tax system have led to repeated calls for reform, including pending litigation. This past May, Mayor de Blasio and Speaker Johnson formed the Advisory Commission on Property Tax Reform. In September, the Citizens Budget Commission, the Regional Plan Association, and NYU Robert Wagner School of Public Service held a panel to discuss the problem, inequities and potential reforms
September 13, 2018NYC Advisory Commission on Property Tax Reform is charged with recommending reforms to make the NYC property tax fairer, simpler, and more transparent. CBC, the Regional Plan Association, and NYU Wagner convened a panel to discuss the current property tax system and the reforms that should be pursued.
September 12, 2018One of the basic principles of good tax policy is equity: similarly situated taxpayers should have similarly sized tax bills. New York City’s property tax system does not comport with this principle.
July 26, 2018A UBT is needed to blunt the impact of federal tax reform; here are CBC's recommendations for designing it.