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Blog City Budget

NYC FY2021 Adopted Budget

July 21, 2020
After tense negotiations and a close vote ending early morning July 1, the City adopted an $88.2 billion budget for fiscal year 2021.
Blog State Budget

Flipping the Switch

July 15, 2020
Flipping the switch from robust spending growth to spending cuts will require making significant hard choices to balance the budget and reduce future fiscal gaps.
Blog Transportation

How Will The MTA Fight Its Four-Alarm Fire?

July 13, 2020
Federal aid should be a significant contributor to solving this crisis. Yet, even if the MTA receives all the aid it has requested, its leaders face hard choices about how to manage the resources they control.
Blog City Budget

Budgeting in a Time of Pandemic

July 02, 2020
Adopting the budget was just the first step; negotiating and managing the changes necessary to achieve the assumed savings is next big, important step forward.
Blog State Budget

New York Taxes

June 25, 2020
Any consideration of tax increases should include the impact on State and local economic competitiveness
Blog City Budget

Seven Facts About the NYPD Budget

June 12, 2020
The NYPD is New York City’s third largest agency, commanding $10.9 billion in spending in fiscal year 2020, including pensions, fringe benefits, and debt service costs.
Blog City Budget

Buoying EDC's Operating Budget

June 01, 2020
EDC’s recent decision to reduce service hours and recalibrate routes on NYC Ferry is a step in the right direction.
Blog Education

Target School Aid to Avoid the Most Painful Cuts

May 12, 2020
With the State budget being realigned, now is the time to revisit how New York distributes its school aid dollars by accounting for student need, district wealth, and total district revenues.
Blog City Budget

Clear as Day

April 15, 2020
While the City will have to address the current crisis with the tools and resources at hand, now is the perfect time for State and City leaders to do what it takes to get it right for next time.
Blog Health Care

Maintaining Momentum on Medicaid Redesign

March 27, 2020
To ensure a sustainable Medicaid program that can help New Yorkers most in need in the future, the Executive and Legislature should continue the course correction started by the MRT, especially as they enact a budget during these troubled times.
Blog Housing

NYCHA’s 2020 Operating Budget

March 12, 2020
NYCHA, with financial assistance from the City, has begun to allocate funds for capital staffing, lead remediation, and additional front-line staff who operate and maintain its public housing
Blog Public Workforce

TWU Contract

February 18, 2020
The agreements should include greater savings, including workrule changes, to offset the impact of these increased costs.
Blog State Budget

2020 Vision

January 09, 2020
As New York State aims to remedy the current year deficit and close next year’s budget gap, State leaders should be striving to prepare the State for the future.
Blog City Budget

Less Spending, More Saving

November 13, 2019
Four things the upcoming budget should do to put the city on better financial footing.
Blog State Budget

Truth in (Financial Plan) Reporting

November 05, 2019
The State must recognize actual and timely payments for the Medicaid program and explain how it will address the estimated $9 billion Medicaid budget shortfall.