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Testimony
Transportation
Testimony on NYC Ferry
Submitted to the New York City Council Committee on Economic Development and Committee on Transportation and Infrastructure
September 10, 2024
NYC Ferry remains one of the most heavily subsidized transit options in New York City, and one of the most subsidized public ferry systems in the country.
Podcast episode
Housing
109,000, with Dan Garodnick
August 09, 2024
109,000 is the number of new homes New York City aims to create over the next 15 years through its City of Yes for Housing Opportunity zoning proposal.
Podcast episode
City Budget
$116 billion, with Council Member Justin Brannan
July 26, 2024
$116 billion is the total NYC adopted budget for FY 2025, including the $4 billion of FY25 bills that were prepaid. This year’s budget talks between the Mayor and City Council took several twists and turns, ending with the narrowly on-time arrival of an adopted budget. New York City Council Member Justin Brannan, Chair of the Council’s Finance Committee, joined the podcast to discuss the budget, the Council’s role, and his prior career as a musician.
Testimony
Housing
Build More Housing, Everywhere
City of Yes Takes Right Approach to NYC’s Housing Crisis
July 10, 2024
The City of Yes for Housing Opportunity takes the right approach to New York City’s housing crisis: Build more housing, everywhere, of all types, for everyone.
Testimony
City Budget
Testimony on Proposed Changes to the New York City Charter
Submitted to the New York City Charter Revision Commission
July 08, 2024
The time to start protecting New Yorkers is now, not after the next crisis.
Statement
City Budget
Statement on New York City Fiscal Year 2025 Budget Agreement
June 28, 2024
The budget dance being alive and well is not music to our ears. City leaders have ended the dance in step, unfortunately with too little regard for the City’s long-term fiscal stability.
Podcast episode
City Budget
6,632, with First Deputy Mayor Sheena Wright
June 13, 2024
6,632 is the number of NYC households who responded to CBC's 2023 NYC Resident Survey: "Straight from New Yorkers." The survey provides the most comprehensive, statistically valid, post-pandemic view of how New Yorkers are feeling about the City's quality of life and the quality of government services. Among the many eyebrow-raising pieces of feedback coming Straight from New Yorkers: Only 30% of rate their quality of life as excellent or good, down from 50% in 2017. Joining the pod to discuss the survey results and the City's priorities is New York City First Deputy Mayor Sheena Wright.
Testimony
City Budget
Testimony Before the New York City Charter Revision Commission
June 13, 2024
Our Preliminary Recommendations focus on three areas to improve the Charter: Fiscal Integrity and Stability, Management Quality and Efficiency, and Resident Feedback.
Statement
City Budget
Underbudgeting Still Clouds City’s Fiscal Picture, Even with Expanding Economy
April 24, 2024
While an expanding economy brightens the revenue outlook, low-balled expenditures still cloud the City’s fiscal picture.
Testimony
City Budget
Testimony on Public Safety Preliminary Budget Hearing
Submitted to the City Council Committee on Public Safety
March 20, 2024
CBC recently released “Straight from New Yorkers,” our 2023 Resident Survey, which provides a comprehensive, statistically valid, post-pandemic view into how New Yorkers feel about the quality of life in the city and how they rate government services.
Testimony
City Budget
Testimony on NYC Fiscal Year 2025 Preliminary Budget
Submitted to the New York City Council Finance Committee
March 04, 2024
CBC’s analysis finds that the Preliminary Budget presents balanced budgets for fiscal years 2024 and 2025 as required by law; however, proposed spending in fiscal year 2025 is short by $3.6 billion needed to continue the current level of services.
Podcast episode
Taxes
151,700, with Maria Doulis
January 31, 2024
151,700 is the net loss of New York personal income tax filers in 2020 and 2021. Was this primarily due to the pandemic? CBC is relaunching its podcast with a focus on policy discussions, starting with the podcast's founder and CBC alum Maria Doulis, Deputy New York State Comptroller for Budget and Policy Analysis. Tune in as we explore the challenge of retaining and attracting more New Yorkers.
Op Ed
City Budget
Taking Control of New York’s Budgetary Future
Vital City
January 25, 2024
Budget season kicked off with an Albany-New York City doubleheader last week, with brightening skies in both places thanks to proactive efforts to cut costs (especially in the city) and a resilient economy that is bringing in higher-than-projected tax receipts.
Statement
City Budget
Statement on the New York City Fiscal Year 2025 Preliminary Budget
January 16, 2024
While Mayor Adams leveraged strong revenues and wisely implemented two rounds of PEG savings to balance the Preliminary Budget, many more hard choices are still needed to stave off a fiscal reckoning.
Op Ed
City Budget
City budget crunch time means tough decisions — not more taxes
New York Post
December 20, 2023
Under every published projection, even after the mayor’s latest Program to Eliminate the Gap, New York City still faces a budget shortfall next year.
Podcast episode
City Budget
$10.6 billion, with Andrew Rein and Ana Champeny
December 11, 2023
$10.6 billion is the real-world, all-in budget gap that NYC could be facing once you include all spending that is currently unbudgeted or underbudgeted. In a co-production with Ben Max's podcast "Max Politics," CBC President Andrew Rein and Vice President for Research Ana Champeny about the City's decisions and unforeseen events that lead to the real-world budget gap, and the options for closing it.
Testimony
City Budget
Testimony on NYC November 2023 Financial Plan
Submitted to the New York City Council Finance Committee
December 11, 2023
The choices made in the coming months will determine whether the City emerges as fiscally stable and competitive or risks both its ability to serve New Yorkers in need and its attractiveness to residents and businesses.
Statement
City Budget
Statement on the New York City November 2023 Financial Plan
November 16, 2023
While the City’s November update delivers some needed savings through the first round of budget reductions, much more needs to be done to close the massive remaining gaps and stave off a fiscal reckoning.
Op Ed
City Budget
New York Is Teetering on a Fiscal Cliff
Crain’s New York Business
November 07, 2023
Fiscal stability underpins the city’s ability to provide core services to New Yorkers and is fundamental for economic growth.
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.