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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?
Blog
Transportation
NYC Ferry Comparative Analysis
October 07, 2019
Among large urban ferry systems, NYC Ferry's subsidy is second highest.
Podcast episode
State Budget
$7.3 trillion, with Linda A. Lacewell
October 04, 2019
$7.3 trillion is the total assets of the more than 3,000 insurance and financial institutions regulated by the New York State Department of Financial Services (DFS). DFS Superintendent Linda Lacewell discusses DFS' critical role as a regulator.
Blog
Public Workforce
The High Cost of the MTA’s New Police Officers
September 25, 2019
The MTA has committed to hiring 500 new police officers to address quality of life concerns, but it is necessary to understand this strategy comes at a cost.
Podcast episode
Housing
90%, with Sean Campion
September 20, 2019
90% is the share of NYCHA units that are at risk of no longer being cost effective to repair by 2027 at the current rate of deterioration. NYCHA released a plan to address this in December 2018. CBC Senior Research Associate Sean Campion joins the pod to discuss progress, the urgency of success, and the dismal impact of failure.
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.
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.
Blog
Taxes
Personal Income Tax Revenues in New York State and City
August 13, 2019
PIT revenues are a significant - and volatile - part of State and City budgets.
Blog
Pensions & Benefits
Governor Cuomo Should Veto 19 Benefit Sweetener Bills
2019 Benefit Sweetener Scorecard Update
July 12, 2019
The bills would enhance benefits without providing enhanced services to taxpayers or offsetting savings.
Podcast episode
City Budget
$3.2 billion, with NYC Comptroller Scott Stringer
July 03, 2019
$3.2 billion is the amount NYC spends on homeless services, double what was spent in 2014, earning the agencies providing these services a spot on NYC Comptroller Scott Stringer's Agency Watch List. Learn more about this list and the Comptroller's assessment of the City budget, rent regulation reform, and more.
Blog
City Budget
When the Smoke Clears
Despite Continued Economic Strength, NYC Spent More Than It Received in 2019
June 30, 2019
The City’s spending obligations in fiscal year 2019 were $255 million greater than the revenues collected. How is this possible when State law and the City Charter require balanced budgets?
Video
City Budget
Breakfast with NYC Comptroller Scott Stringer
June 27, 2019
At a fireside chat with CBC President Andrew Rein, NYC Comptroller Scott Stringer discussed City fiscal policy, the need for rainy day reserves, and how to promote New York City’s competitiveness, among other topics.
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.
Podcast episode
Housing
6/15, the Rent Regulation Edition
June 07, 2019
6/15 is the date when NYS rent laws are set to expire. Strengthening rent regulation is a top priority for the Governor and state lawmakers in the closing days of the legislative session. Listen to REBNY President John Banks and Assemblymember Harvey Epstein share their perspectives.
Blog
Capital Spending
Don’t Pass the Capital Pork
June 07, 2019
Like most other spending decisions, capital spending is best decided during budget negotiations.
Blog
Public Workforce
59 New Bills Added to Benefit Sweetener Scorecard
June 06, 2019
In the remaining weeks of the legislative session, members will propose to enhance the benefits of State and local public employees and retirees.
Blog
State Budget
On Time, Off-budget
State 2020 Budget Grows 4.9 Percent
May 28, 2019
State Operating Funds spending is projected to grow 4.9 percent, more than double the 2% benchmark.
Blog
Education
Adopted Budget Continues Unequal Access to a Sound Basic Education
May 22, 2019
It will cost NYS school districts approximately $62.6 billion to provide a sound basic education to all students, yet several districts will not have enough funding.
Video
City Budget
Melanie Hartzog, NYC Budget Director
CBC Breakfast Series
May 17, 2019
OMB Director Melanie Hartzog presented the New York City Executive Budget to CBC Trustees and to answered important questions.
Video
Transportation
Switching Gears: A New Way to Fund Transportation
A Panel Discussion
May 14, 2019
The Rockefeller Institute of Government and CBC hosted "Switching Gears: A New Way to Fund Transportation," a presentation and expert panel discussion on the vehicle-miles travel (VMT) fee.