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Statement
State Budget
Statement on the NYS Fiscal Year 2024 Budget Conceptual Agreement
April 28, 2023
Four weeks late, Governor Hochul announced the State’s leaders have agreed to a framework for the Fiscal Year 2024 Budget.
Statement
City Budget
Statement on the New York City Fiscal Year 2024 Executive Budget
April 26, 2023
The Executive Budget lays bare the stark and potentially dark fiscal reality facing New York City.
Press Release
CBC Releases "7 Facts About the NYC Department of Buildings"
April 25, 2023
The NYC Department of Buildings (DOB) is critical to ensuring the safety of the city’s buildings and construction, supporting development through efficient permitting and plan review, and enforcing compliance with building and zoning codes.
Statement
State Budget
Statement on the Ongoing New York State Fiscal Year 2024 Budget Delay
April 20, 2023
Budget negotiations thus far have focused on a few important policy areas, but not much about the billions of dollars and cents in the budget.
Press Release
CBC News
CBC Releases "7 Facts about the Adams Administration’s Prior Savings Plans"
April 12, 2023
When Mayor Eric Adams’ Administration directed City agencies to implement a PEG (Program to Eliminate the Gap) last week, many were concerned about the potential service impact since the Administration had already implemented three savings plans.
Press Release
CBC News
CBC Releases "School Spending, Enrollment, and Fiscal Cliffs 101"
The NYC Department of Education Budget Before, During, and After the Pandemic
April 11, 2023
New York City spends $36.9 billion—more than one-third of its annual budget—educating children.
Statement
City Budget
Statement on NYC's FY 2024 Executive Budget PEG Directive
April 04, 2023
The City is right to initiate a PEG—a Program to Eliminate the Gap—for the Executive Budget. This action is timely, if not overdue.
Statement
State Budget
Statement on New York State Fiscal Year 2024 Budget Delay
March 31, 2023
While critical policy issues are being hammered out, little if any attention appears directed to how billions of dollars of added unfunded programs will explode the State’s already significant structural budget gap.
Video
CBC News
A Conversation with First Deputy Mayor Sheena Wright
A CBC Event
March 30, 2023
First Deputy Mayor Sheena Wright joined CBC to talk about the Administration's Get Stuff Done management approach, the City and State budgets, how the Mayor and Governor align on housing, and much more.
Press Release
CBC News
CBC Releases "Steep Incline and Cliffs Ahead"
March 27, 2023
This year’s budget proposals by the Governor, Senate, and Assembly not only fail to address the State’s precarious fiscal outlook but make it worse.
Video
CBC News
Conversation with NYS Budget Director Robert Megna
A CBC Event
March 16, 2023
2023 Annual Budget Briefing with NYS Budget Director Robert Megna.
Testimony
Education
Testimony on the NYC Department of Education and the City’s FY 2024 Preliminary Budget
Submitted to the New York City Council Committee on Education
March 15, 2023
Understanding the DOE’s budget and spending trends prior to and throughout the pandemic, and the implications for fiscal year 2024 and beyond, is vital to determine how much of the City’s resources should be allocated to the DOE going forward.
Statement
State Budget
Statement on NYS Legislative Budget Proposals for Fiscal Year 2024
March 14, 2023
CBC has implored our State’s leaders to craft a budget that ensures fiscal stability and protects New Yorkers.
Testimony
Housing
Testimony on the New York City Housing Authority and the City's Preliminary Fiscal Year 2024 Budget
New York City Council Committee on Public Housing
March 13, 2023
To balance its budget and fund its basic operations, NYCHA was increasingly reliant on City subsidies and non-recurring funding sources.
Press Release
CBC News
CBC Submits Testimony on the New York City Housing Authority and the City's Preliminary Fiscal Year 2024 Budget
March 13, 2023
With deferred maintenance driving costs higher and flagging rent collection, NYCHA's structural budget gap is widening.
Press Release
CBC News
CBC Releases "Recommendations for Legislative Action on the Fiscal Year 2024 NYS Executive Budget"
March 11, 2023
CBC’s recommendations are rooted in key economic and fiscal realities.
Press Release
CBC News
CBC Releases "Shrink, Don’t Expand, the New York State Film Tax Credit"
March 06, 2023
CBC’s new blog, Shrink, Don’t Expand, the New York State Film Tax Credit, recommends rejecting the Fiscal Year 2024 Executive Budget proposal to extend and expand the Empire State Film Tax Credit.
Testimony
Transportation
Testimony on the State Plan to Address the Metropolitan Transportation Authority's Financial Crisis
Submitted to the New York State Senate Standing Committee on Corporations, Authorities and Commissions and the Standing Committee on Transportation
March 03, 2023
The fiscal stability of the MTA is of paramount importance to the region and the State.
Press Release
CBC News
CBC Releases "Building the Housing We Need"
March 01, 2023
Governor Kathy Hochul proposed a package of bills intended to double New York’s housing production rate to create 800,000 new units over the next decade.
Testimony
Housing
Testimony on the Residential Conversion of Commercial Buildings
Submitted to the New York City Council Committee on Land Use
February 28, 2023
Even though New York City’s economy and real estate market are both much stronger today than they were in the early 1990s, the history of 421-g remains relevant.