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Press Release
CBC News
The Citizens Budget Commission Presents Awards for Public and Civic Service at 91st Annual Gala
February 16, 2023
At its 91st Annual Gala this evening CBC will honor Governor Kathy Hochul with its 2023 Medal for High Civic Service, and Stephen Berger with its 2023 Felix G. Rohatyn Award.
Press Release
CBC News
CBC Releases Five Fast Facts About the New York State Fiscal Year 2024 Executive Budget
February 03, 2023
CBC's preliminary analysis of the fiscal documents identifies these five facts on the overall budget
Statement
State Budget
Statement on the NYS Executive Budget for Fiscal Year 2024
February 01, 2023
With a structural budget gap exceeding $12 billion annually, New York should focus on aligning spending with revenues, and should not create new fiscal cliffs.
Press Release
CBC News
Pro-homes Advocacy Groups Across New York State Form ‘New York Neighbors’ Coalition
January 31, 2023
New York Neighbors is the first statewide pro-homes coalition of its kind, prioritizing a menu of policies to increase housing supply and produce affordable homes to tackle the state’s debilitating housing shortage.
Press Release
CBC News
CBC Releases New York State Budget Priorities
Fiscal Year 2024
January 30, 2023
CBC has identified 11 fiscal priorities for the State in the forthcoming budget for fiscal year 2024. CBC recommends that the State.
Letter
State Budget
Groups Urge Leadership to Implement Reforms to State's Budget and Fiscal Management Processes
A Letter to the Governor, Senate Majority Leader, and Assembly Speaker
January 19, 2023
We write to urge you to implement several sensible reforms to the State’s budget and fiscal management processes during this year’s budget negotiations.
Statement
City Budget
Statement on the New York City Fiscal Year 2024 Preliminary Budget
January 12, 2023
Much more aggressive action is needed to stabilize future budgets, hedge against a looming recession, and improve the quality and efficiency of services.
Press Release
CBC News
CBC Releases What to Look for in the NYC Fiscal Year 2024 Preliminary Budget
January 11, 2023
CBC's analysis finds that—even absent a recession—gaps could exceed $10 billion in fiscal year 2025 and $11 billion in fiscal year 2026.
Statement
State Budget
Statement on Governor Hochul's 2023 State of the State Address
January 10, 2023
The State of the State presented an expansive menu. We now await the Executive Budget to see the bill.
Press Release
CBC News
CBC Releases "What to Look for in New York State’s New Year"
January 09, 2023
The State is at a crossroads—decisions made this year will affect New York’s future competitiveness and desirability as a place to live and work.
Press Release
CBC News
CBC Releases Accounting (and More) for a Better Budget
December 20, 2022
CBC’s new report presents four strategies to improve budget decisions, transparency, fiscal stability, and service quality.
Letter
State Budget
CBC Urges Governor to Veto "Toll Payer Protection Act"
A Letter to the Governor
December 13, 2022
CBC recommends that you veto A3801A/S3587C, the “toll payer protection act,” which would limit the ability of State authorities to collect tolls by mail and impose penalties for non-payment.
Press Release
CBC News
CBC Releases The Potential for Office-to-Residential Conversions
December 12, 2022
CBC’s new policy brief analyzes how 421-g was used and offers lessons for designing a cost-effective program to support office-to-residential conversions today.
Letter
State Budget
CBC Urges Governor to Veto 20 Benefit Sweeteners
A Letter to the Governor
December 03, 2022
CBC urges you to veto 20 bills which enhance benefits and increase costs to New York State and local governments.
Press Release
CBC News
CBC Publishes Op-Ed "How to Fix the MTA’s Huge Budget Deficit"
November 22, 2022
Crain’s New York Business recently published an op-ed CBC President Andrew Rein about how the MTA should solve its $2.5 billion structural operating budget deficit.
Press Release
CBC News
CBC Releases What to Look For in the MTA's November 2022 Budget Update
November 21, 2022
Seven key questions to understand the transit system’s budget gap and risks.
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.
Press Release
CBC News
CBC Gives Testimony on the Recommendations of the NYC Advisory Commission on Property Tax Reform
November 15, 2022
The recommendations for a new residential class would improve the property tax system, but falls short of recommending the comprehensive reform.
Press Release
CBC News
CBC Provided Comment on the Proposed Rules for Local Law 97
November 14, 2022
It is important that building owners have more complete information about compliance.
Press Release
CBC News
CBC Delivers Testimony on NYC’s Spending of Federal COVID-19 Relief Funds
November 07, 2022
Today CBC Vice President for Research Ana Champeny will deliver testimony on the $25 billion in federal COVID-19 relief funds