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Statement
City Budget
Statement on NYC's November 2022 Financial Plan for Fiscal Years 2023 to 2026
November 15, 2022
The November 2022 Financial Plan demonstrates that New York City’s long-term fiscal outlook is precarious and worsening.
Podcast episode
Housing
2 1/2, the Land Use Edition
October 04, 2022
2 1/2 is the average number of years it takes a private rezoning application to get approved in New York City, and that doesn't include the often lengthy informal pre-review negotiations. This is one of many findings in CBC's report "Improving New York City's Land Use Decision-Making Process," which can be found at cbcny.org. At a special panel discussion, Maria Torres-Springer, the Deputy Mayor for Economic and Workforce Development, delivered opening remarks on the Administration's efforts to tackle New York's housing challenges, followed by a policy panel steeped in experience with New York City's land use process.
Statement
City Budget
Statement on the NYC Program to Eliminate the Gap (PEG) for the November 2022 Financial Plan
September 12, 2022
This is a timely call that rightly focuses on increasing productivity to reduce recurring costs while preserving services that New Yorkers rely on.
Podcast episode
Economic Development
28, with Deputy Mayor Maria Torres-Springer
July 06, 2022
28 is the number of core strategies and initiatives in Mayor Eric Adams' recently unveiled plan - "Rebuild, Renew, Reinvent: A Blueprint for NYC Economic Recovery." The blueprint focuses on small businesses, entrepreneurship, an equitable economy and inclusive growth, connecting New Yorkers to quality jobs, and more. At an event with CBC Trustees, Maria Torres-Springer, the Deputy Mayor for Economic and Workforce Development, discussed the blueprint's important elements and how they will benefit current and future New Yorkers.
The SoundCloud content at https://soundcloud.com/ggcbcpodcast/episode-118-28-with-deputy-mayor-maria-torres-springerhttps://soundcloud.com/ggcbcpodcast/episode-118-28-with-deputy-mayor-maria-torres-springer is not available, or it is set to private.
Statement
City Budget
Statement on the New York City Fiscal Year 2023 Budget Agreement
June 10, 2022
While the budget funds priorities and takes some steps to save for a future recession and stabilize the budget, it misses the opportunity to make a substantially higher RDF deposit and massively increases spending to a level not sustainable over time with City revenues.
Statement
City Budget
Statement on the New York City Fiscal Year 2023 Executive Budget
April 26, 2022
The Executive Budget takes some positive steps but focuses more on spending, nearly to the exclusion of the savings and efficiency needed to shore up the City’s fiscal house.
Statement
City Budget
Statement Regarding the New York City Fiscal Year 2023 Preliminary Budget
February 16, 2022
The City should take significant additional actions in the Executive and Adopted Budgets to make government more efficient, stave off the looming fiscal cliffs, and save for the inevitable next downturn
Podcast episode
City Budget
2,268 with Stephen Eide
December 13, 2018
2,268 is the average daily number of people in adult psychiatric centers in New York State, a decrease from a peak of more than 93,000 people in 1955. Stephen Eide, a Senior Fellow at the Manhattan Institute, discusses the impacts of deinstitutionalization in New York.
Podcast episode
City Budget
18.6%, with Greg David and Cara Eisenpress
November 30, 2018
18.6% is the poverty rate in New York City. Greg David and Cara Eisenpress, both from Crain's New York Business and the Craig Newmark Graduate School of Journalism at CUNY, discuss their recent reporting exploring New York City's safety net, how it's funded, and how it compares to other places (hint: a lot better).
Press Release
City Budget
CBC Recommends Reforms to Improve Emergency Medical Services in New York City
November 25, 2018
CBC today released a report that highlights major inefficiencies in the City's current EMS and identifies reforms.
Podcast episode
City Budget
Episode 59: 1981
November 16, 2018
The data point for today is 1981, the year in which the State Legislature enacted S7000A, the landmark bill that formalized the current property tax system for New York City. A response to the Hellerstein case, which found the system was in violation of State law, S7000A essentially codified the status quo.In doing so, it established a system of property classification, fractional assessments, caps, phase-ins, and class shares that is still with us 37 years later. These structural features and statutory requirements are the root of the system’s inequities and complexities. A home worth $500,000 can face the same tax bill as a home worth $1.5 million, while the value of a condominium unit, according to the City, is a fraction of its sale price. In fact, some buildings have values that are below the sale price of individual units. And commercial and rental property faces a higher average property tax burden than 1-, 2- and 3-family homes.
These inequities and problems 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
Podcast episode
City Budget
3, with Cesar Perales
November 01, 2018
3 is the number of proposals on the November 6 ballot from Mayor de Blasio’s Charter Revision Commission. In this episode Commission Chair Cesar Perales discusses the proposed amendments.
Podcast episode
City Budget
8 years, with David Friedfel and Patrick Orecki
October 24, 2018
8 is the number of years Andrew Cuomo has served as the 56th Governor of New York State. CBC's David Friedfel and Patrick Orecki join the podcast to discuss the demographic, fiscal, and policy trends of the last 8 years.
Podcast episode
City Budget
90%, with NYCHA Interim Chair & CEO Stanley Brezenoff
October 19, 2018
90% is the share of NYCHA units CBC estimates may not be cost effective to repair by 2027 under the current trajectory of deterioration. NYCHA Interim Chair and CEO Stan Brezenoff joined CBC to discuss the policy and funding challenges facing NYCHA, and how he plans to tackle key areas in desperate need of improvement.
Podcast episode
City Budget
45, with Laura Anglin
October 03, 2018
45 is the number of agencies that submitted performance metrics to the recently released Mayor's Management Report. Agencies organize their reports according to service areas and goals, and present the indicators to help the public understand agency performance. NYC's Deputy Mayor of Operations Laura Anglin joined the podcast to discuss how the city uses data to improve the operations and performance of key city agencies.
Podcast episode
City Budget
3.1 miles, with Patrick Orecki
September 21, 2018
3.1 miles is the length of the newly constructed Governor Mario M. Cuomo Bridge. At a cost of $4 billion dollars, the bridge was financed with debt, but no new tolls have been announced to repay it. CBC's Patrick Orecki explains why the toll may need to double from current rates.
Podcast episode
City Budget
$1 billion, with Linda Gibbs
September 07, 2018
Since Bloomberg Associates was launched in 2014, participating cities have invested more than $1 billion in initiatives supported or created by the philanthropic consultancy. Former NYC Deputy Mayor and Bloomberg Associates Principal Linda Gibbs joins the podcast to talk about her work using data to effect change in NYC and other cities.
Podcast episode
City Budget
5,000 with the Director of the Mayor’s Office of Criminal Justice, Liz Glazer
August 30, 2018
Mayor Bill de Blasio has a plan to close the jails on Rikers Island, in part by reducing the overall city jail population to 5,000 detainees, down from about 8,200 now, which is down from well over 20,000 two decades ago. Liz Glazer, director of the Mayor’s Office of Criminal Justice, joined the podcast to discuss the closure of Rikers and the administration’s other criminal justice policies.
Podcast episode
City Budget
1, with NYS Attorney General Barbara Underwood
August 24, 2018
1 - As in the first ever female Attorney General in New York State. Barbara Underwood was serving as Solicitor General when she was made the Acting Attorney General in May 2018 and was appointed by the Legislature to the position later that month. This podcast features her remarks at a CBC breakfast discussing the agenda of the Office of the Attorney General under her leadership.
Podcast episode
City Budget
$89.16 billion, NYC's fiscal outlook
August 16, 2018
$89.16 billion is the size of the Adopted Budget for FY 2019. After adjusting for prepayments in prior years and other reserves and spending, the total value of spending is $92 billion. This episode features a panel of fiscal experts hosted by the Association for a Better New York. Listen as they discuss the risks in this budget, the level of reserves needed, and NYC's fiscal outlook at large.