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Presentation
City Budget
Briefing on the Latest NYC & NYS FY 2023 Budget Updates
December 13, 2022
The latest updates to the NYC, NYS and MTA Budgets.
Special Feature
Education
Mapping School Aid by District
School Year 2022-23
October 03, 2022
Series of maps on distribution of school aid in New York State.
Presentation
State Budget
New York State Budget Fiscal Year 2023
Major Actions and Fiscal Risks As of First Quarter Update
August 15, 2022
From strong tax receipts that supported 12% spending growth and multi-year budget balance to recurring budget gaps.
Podcast episode
State Budget
$220 billion, with Senator Liz Krueger
April 19, 2022
$220 billion is the reported size of the New York State fiscal year 2023 budget that the Governor and Legislature adopted on April 10. The budget includes a property tax rebate and a tax holiday, and increases State spending about $14 billion, with more money for education aid, day care, rent relief, health care, and a new stadium, among other programs. Joining the podcast to unpack the new budget is Chair of the State Senate Finance Committee, Senator Liz Krueger.
Podcast episode
State Budget
$0, with Robert Mujica
March 18, 2022
$0 is the size of the New York State budget deficit in each year of New York State’s five-year Executive Budget financial plan, as proposed by Governor Kathy Hochul. The Governor’s budget proposal balances the budget in each of the next five years, an unprecedented level of fiscal stability for the State. This balance and fiscal strength is driven by strong State tax receipts and extraordinary federal fiscal relief. The proposed budget also makes significant deposits to reserves. At an event with CBC Trustees, New York State Budget Director Robert Mujica presented the details of the State’s budget, and the fiscal and economic outlook going forward.
Video
CBC News
Annual Budget Briefing with NYS Budget Director Robert Mujica
Annual Budget Briefing (2021)
March 14, 2022
CBC's seventh annual budget briefing with Director Robert F. Mujica.
Podcast episode
State Budget
$216 billion, with Governor Kathy Hochul
February 11, 2022
$216 billion is the size of New York State fiscal year 2023 budget proposed by Governor Kathy Hochul. The proposed spending plan is balanced over five years and makes significant deposits to reserves, but also maintains high taxes and accelerates State spending growth. At an event with CBC Trustees, Governor Hochul and CBC President Andrew Rein discussed the continued improvement of the State's fiscal outlook, budget negotiations, priorities for COVID recovery, the MTA and more.
Video
CBC News
Conversation with Governor Kathy Hochul
A CBC Event
February 03, 2022
On February 3, 2022, Governor Hochul spoke about State budget and policy priorities and take questions from CBC President Andrew Rein.
Special Feature
Public Workforce
NYC Employee Headcount
October 18, 2021
New York City's headcount declined by 3.4 percent (11,175 positions) from fiscal year 2020 to fiscal year 2021, but the Mayor's Adopted Budget for authorized a substantial increase for fiscal year 2022
Presentation
State Budget
Overview of the Fiscal Year 2022 Enacted Budget
September 01, 2021
This presentation provides an overview of the State’s fiscal condition over the past 18 months, and identify priority issues going forward.
Podcast episode
State Budget
$209 billion, with State Senator Liz Krueger, E.J. McMahon, and Patrick Orecki
June 30, 2021
$209 billion is the total spending in New York State's Enacted Budget for Fiscal Year 2022. Six months ago, New York State was staring down a four-year revenue shortfall totaling $60 billion—however, revenues have strengthened and the federal government passed a stimulus bill that includes what may be the largest state and local government relief program in history. Still, the State decided to raise taxes, boost education aid, and fund a host of economic recovery programs. Joining the podcast are three guests to discuss what this means for the State's fiscal future: State Senator Liz Krueger, Senior Fellow at the Empire Center and Adjunct Fellow at the Manhattan Institute E.J. McMahon, and CBC's Director of State Studies Patrick Orecki.
Special Feature
City Budget
5 Year Pocket Summary
Fiscal Year 2021-2022, 74th Edition
June 28, 2021
The Pocket Summary features a five-year snapshot of economic and fiscal data of New York City and New York State.
Press Release
CBC News
Watchdog Groups Urge Governor and Legislature to Make Budget Cuts Transparent and Not Enact Extraordinary Executive Budget Powers for Fiscal Year 2022
March 10, 2021
Seventeen major New York State watchdog groups are asking Governor Andrew Cuomo, Senate Majority Leader Andrea Stewart-Cousins, and Speaker Carl Heastie to disclose full details about State funding withheld from agencies and local governments in the State’s current fiscal year 2021.
Podcast episode
State Budget
$7.4 billion, with E.J. McMahon
February 03, 2021
$7.4 billion is how much NYS personal income tax was paid in 2018 by residents of other states. This revenue stream may be threatened if a lawsuit over taxation of out-of-state telecommuting residents prevails. Today's guest is E.J. McMahon, adjunct fellow of the Manhattan Institute and senior fellow of the Empire Center. He explains why this lawsuit is so important and also discussed elements of the NYS Executive Budget. And, in her final episode as host, Maria Doulis offers a brief analysis of the NYC Preliminary Budget.