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Report Capital Spending

New York City's Water and Sewer System

December 14, 2011
This report provides a history of the City's water rental payment, critiques the current method for setting the rent, and suggests alternative approaches to setting the rent.
Blog Pensions & Benefits

New York City Is Not Alone

November 16, 2011
Reducing the pensions funds' investment target to 7% would be prudent in order to keep the City’s pension funds fully funded, and it would be consistent with changes that have been adopted by other large public pension systems.
Report City Budget

What is a “Balanced Budget”?

November 08, 2011
This brief examines the multiple versions of a balanced budget standard that have arisen from the City's deviation from Generally Accepted Accounting Principles (GAAP) and recent modifications to GAAP that set a new and higher benchmark for a balanced budget.
Testimony City Budget

Testimony on NYC Solid Waste Management Practices

October 27, 2011
New York is being wasteful in its waste management practices. We could save tens of millions, perhaps even hundreds of millions, of dollars without harming the environment by more sensibly managing New Yorkers’ solid waste. An improved system for waste collection and disposal could prevent further reductions in essential services in coming budgets.
Blog Public Workforce

What Concessions?

August 28, 2011
A close look at the agreements between Mayor Bloomberg and city unions reveals that jobs were not saved by labor concessions but through diverting other resources or creating new risks in the budget.
Blog City Budget

New York City’s Adopted Budget: Missed Opportunities

July 05, 2011
In adopting the FY2012 budget, City leaders missed the opportunity to address the big-ticket items – health insurance, pensions and debt service – whose unchecked growth will continue to dominate the budget and result in service reductions and layoffs.
Blog Public Workforce

State Agreement Is a Template to Avoid City Layoffs

June 22, 2011
Following the template provided by Governor Cuomo and the CSEA can produce $1.4 billion in savings for New York City in fiscal year 2012 – more than enough to avert layoffs and other cuts.
Blog Pensions & Benefits

Possible City Savings From Health Insurance Changes

June 19, 2011
Following the template provided by Governor Cuomo and the CSEA can produce $1.4 billion in savings for New York City in fiscal year 2012 – more than enough to avert layoffs and other cuts.
Report City Budget

New York’s Green Policies

April 03, 2011
This report assesses how New York compares to other cities in pursuing green objectives and suggests how New York’s leaders can set priorities for taking additional steps to promote environmental goals in ways that align with goals of economic growth and urban competitiveness.
Blog City Budget

Resist the Temptation

March 22, 2011
It would be imprudent and short-sighted to avoid FY2012 budget cuts making additional withdrawals from the retiree health insurance trust fund.
Blog City Budget

The New York City Budget Since the Recession

February 06, 2011
Since 2008, Mayor Bloomberg has implemented seven rounds of cuts to find budget savings, and an eight round is likely due to anticipated reductions in State and federal aid.
Report City Budget

The City's Budget Gap Since 9/11

March 03, 2003
This report identifies the causes of New York City’s unprecedented budget gap for fiscal year 2003-2004 and recommends solutions to close it.