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Special Feature
Capital Spending
NYC Debt Outstanding
Fiscal Years 2002-2020
December 28, 2020
New York City debt outstanding grew to $125 billion—84 percent since 2005.
Report
Public Workforce
How to Make $1 Billion in Labor Savings Real & Recurring
September 02, 2020
As the City faces the worst fiscal crisis in generations, municipal workers are also facing the dire prospect of layoffs.
Report
Housing
Strategies to Boost Housing Production in the New York City Metropolitan Area
August 26, 2020
Building more housing for every type of household can help make the New York region more affordable and competitive for generations to come.
Press Release
Housing
CBC Releases Strategies to Boost Housing Production in the NYC
August 26, 2020
Report Recommends Changes to City and State Policies Including Zoning, Planning, Building and Construction Codes, Property Taxes, and Tax Breaks
Report
City Budget
Hard Choices That Can Balance New York City's Budget
June 10, 2020
By making the right hard choices the City can balance the budget without resorting to long-term borrowing, layoffs, service cuts, or tax increases.
Report
State Budget
A Framework for Hard Choices
Choosing Among Options to Address New York’s State and Local Fiscal Stress
May 22, 2020
This policy brief identifies and assesses options available to governments to deal with their fiscal problems.
Special Feature
City Budget
Spare Change
Citywide Savings Plan Should Include Greater Efficiency Savings
March 09, 2020
Budget savings from greater efficiency in City government amount to spare change.
Report
Housing
Rent and Ride
Affordability is About Both
January 13, 2020
While housing is the largest share of spending for most households, a more robust picture of affordability also should include transportation costs.
Testimony
Transportation
Testimony on the MTA’s Access-A-Ride Program
December 18, 2019
The City should work with the MTA to assure that Access-A-Ride will achieve firm financial footing while providing a cost-effective and efficient service.
Report
Health Care
A New Approach to Funding New York City Health + Hospitals
December 16, 2019
This report analyzes the system’s finances, compares H+H to other providers in the City, and outlines options to right-size the City subsidy and improve H+H's fiscal future.
Press Release
Health Care
CBC Report Finds NYC H+H Recovered Only 54 Percent of Associated Patient Care Costs from Insurers
Compared to 85 Percent for Safety Net Hospitals
December 16, 2019
Majority of H+H Deficit was due to low revenue for care to Medicaid patients, not uncompensated care for the uninsured.
Testimony
Taxes
Comments on New York City Property Tax Reform
December 04, 2019
The balancing act facing legislators as they consider proposals to reform the property tax is how to increase equity, fairness, and transparency, while maintaining fiscal stability and reliability.
Press Release
Housing
Working Group to Address Full Capital Needs for NYCHA's Chelsea Developments
The City of New York, Office of the Mayor
October 10, 2019
Mayor de Blasio today announced the creation of a working group to address the future of the Fulton Houses, Elliot-Chelsea, and Chelsea Addition NYCHA developments.
Special Feature
Public Workforce
Average Pay at the 15 Largest New York City Agencies
FY 2019
October 08, 2019
How much do New York City employees earn in pay each year?
Special Feature
Education
Educating an Average NYC Public Elementary School Class Costs About $560,000
September 04, 2019
In 2017 educating an average elementary school class cost $561,246.
Report
City Budget
$1.1 Billion in NYC Public Leases
Better Management Needed to Control Rising Costs
August 27, 2019
NYC spent more than $1.1 billion to lease space for public facilities and offices—an amount that has grown 40 percent since fiscal year 2014.
Special Feature
City Budget
New York City Spending Growth
$19 Billion from FY2014 to FY2019
August 22, 2019
Spending by City agencies increased $15 billion, while centrally budgeted costs increased $4 billion.
Report
Economic Development
Opportunity Zones In New York State and City
August 20, 2019
The Opportunity Zone program may amount to significant losses for both NYS and NYC before rising substantially in 2029.
Press Release
Education
CBC Identifies Strategies to Significantly Reduce Public School Crowding and Save $2.4 Billion
July 10, 2019
CBC released a comprehensive report demonstrating how administrative solutions can reduce school crowding.
Testimony
City Budget
Testimony on Intro 1574 to Establish Commercial Waste Zones in New York City
June 27, 2019
Establishing commercial waste zones can increase efficiency in collection, achieve substantial VMT reduction, and reduce the negative externalities.