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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.
Testimony
Education
Testimony on the Distribution of the Foundation Aid Formula as it Relates to Pupil and District Needs
December 03, 2019
Despite significant increases in state aid and local revenues, not all districts have the resources to provide a sound basic education, and some wealthy districts have more than needed.
Testimony
Housing
Testimony on State Policies and Housing Development in New York City
November 25, 2019
CBC has long seen housing affordability as a key factor affecting New York City’s long-term competitiveness.
Testimony
Economic Development
Testimony on Industrial Development Agencies and Local Development Corporations
November 22, 2019
CBC has long advocated for increasing accountability and improving the performance of all entities engaged in economic development spending.
Statement
State Budget
CBC Statement on the New York State FY 2020 Midyear Update
November 22, 2019
Statement by Citizens Budget Commission (CBC) President Andrew S. Rein on the New York State FY 2020 Midyear Update
Special Feature
Housing
Facts About Housing
October 10, 2019
This infographic presents a snapshot of Mayor's Housing Plan, Capital Commitments for Housing, NYCHA's Capital Needs, and NYC Tax Expenditures and Revenue.
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?
Statement
Health Care
Statement on Medicaid Payment Delays in the New York State Budget
October 03, 2019
CBC President Andrew S. Rein released this statement on the Medicaid Payment Delays in the New York State Budget: "The State making an end of fiscal year 2019 Medicaid payment a week late was no mere delay. It was an obfuscation of the State’s fiscal condition, allowing the State to avoid addressing a deep and recurring problem."
Special Feature
City Budget
Budget Navigator
for New York State and New York City Finances
June 21, 2019
The Budget Navigator is an online tool that allows New Yorkers to be their own budget watchdogs. Users can examine New York State or City revenues and expenses to determine levels of funding in recent years, analyze trends, and see how that funding compares between departments and services.
Testimony
Health Care
Testimony on the New York Health Act (A5248/S3577)
Submitted to The Joint Senate and Assembly Standing Committee on Health
May 27, 2019
Although NYHA’s goals are laudable, it is not feasible currently and would have significant unintended and possibly negative impacts on the State budget and some New Yorkers.
Special Feature
City Budget
Facts About The NYC Budget
2019
May 13, 2019
A snapshot of NYC's budget, including projections for spending, headcount, savings, liabilities, and revenue shortfalls in case of a recession.
Testimony
Housing
Testimony on Rent Regulation Renewal
Submitted to the NYS Assembly’s Standing Committee on Housing
May 02, 2019
When considering reform, the Legislature should evaluate the potential to worsen rather than improve tenants’ living conditions.
Statement
State Budget
Statement on the NYS FY 2020 Announced Budget Agreement
April 01, 2019
A state budget agreement appears to make progress on a number of important policy areas, but does not protect from a possible economic downturn.
Testimony
Education
State Education Aid Proposal for 2019-2020
Testimony Submitted to a Joint Legislative Budget Hearing on Elementary and Secondary Education
February 06, 2019
In the aggregate New York State spends enough to provide all students with a sound basic education; however, State school aid is not targeted well enough to achieve this goal in all districts.
Statement
State Budget
Statement on the NYS Executive Budget for FY 2020
January 16, 2019
Governor Andrew Cuomo FY 2020 Executive Budget addresses some policy priorities in a prudent manner, but fails to adequately control spending and build reserves.