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Special Feature
Education
Mapping School Aid by District
School Year 2023-24
September 06, 2023
The series of maps below provide district-level data on the distribution of school spending, State school aid, enrollment change, and other data for school year 2023-24.
Testimony
Transportation
Testimony on Congestion Pricing and the MTA's Fiscal Health
Submitted to the New York City Council Committee on Transportation and Infrastructure
August 17, 2023
As long-time supporters of congestion pricing, we are pleased that the MTA has secured federal approval and moved into the implementation phase.
Blog
City Budget
5 Myths and Facts about the NYC FY 2024 Budget
August 15, 2023
Let’s unpack the facts behind some common myths about New York City’s budget.
Video
State Budget
Briefing on the New York State and New York City Fiscal Year 2024 Budgets
A CBC Webinar
August 04, 2023
CBC's Ana Champeny and Patrick Orecki delivered a briefing on the New York State Fiscal Year 2024 Enacted Budget and the New York City Fiscal Year 2024 Adopted Budget.
Presentation
City Budget
Overview of NYS and NYC Adopted FY2024 Budgets
August 02, 2023
A presentation on the NYC and NYS Adopted Budgets.
Report
Economic Development
11 Billion Reasons to Rethink
New York's Increasing Economic Development Spending
July 20, 2023
Despite improved disclosure about individual projects, State and local economic development spending continues to increase without sufficient evidence that these programs cost-effectively create jobs or are more beneficial than alternative uses of the funds.
Letter
Transportation
Five Recommendations on Congestion Pricing
A Letter to the Traffic Mobility Review Board
July 19, 2023
CBC has long supported congestion pricing to further three important goals: reduce congestion, reduce emissions, and support the MTA’s capital plan. We urge the Board to follow CBC’s five recommendations to ensure balanced progress on all three goals.
Blog
Transportation
Stabilized, for Now
The MTA's Operating Budget's Long-Run Outlook
July 17, 2023
Taking steps now to start closing future gaps will ensure changes do not have negative impacts on services or the economy.
Statement
City Budget
Statement on New York City Fiscal Year 2024 Budget Agreement
June 29, 2023
The City’s leaders announced a fiscal year 2024 budget agreement that will please many stakeholders—for the next year.
Report
State Budget
Making Hay While the Sun Shines
A Plan to Strengthen New York State’s Rainy Day Fund
June 28, 2023
Today we are left playing catchup with the threats of storm clouds looming on the horizon.
Letter
City Budget
Letter to Mayor and Speaker on FY 2024 Budget Adoption
Recommendations to Budget Realistically and Stabilize Finances
June 26, 2023
CBC urges you to adopt a fiscal year 2024 budget that not only provides critical services to New Yorkers in the upcoming year but stabilizes the City’s precarious fiscal and service outlook.
Testimony
Transportation
Public Comment on Proposed Changes to the Metropolitan Transportation Authority’s Fares and Tolls
Submitted to the Metropolitan Transportation Authority
June 22, 2023
We support the proposed increase in fares and tolls since it is essential for the MTA’s fiscal health and wholly appropriate for riders and drivers to pay a reasonable portion of costs.
Blog
State Budget
New York State Budget Process Reform—Little Progress
2023 Update
June 21, 2023
With the budget now enacted and the scheduled legislative session concluded, CBC finds the State made little progress implementing the structural reforms needed.
Statement
State Budget
Statement on the NYS Fiscal Year 2024 Enacted Budget Financial Plan
June 12, 2023
NYS's Enacted Budget Financial Plan reveals that the State’s future budget gaps have doubled to $9.1 billion just next year and $13.4 billion in fiscal year 2027.
Podcast episode
City Budget
$4.3 billion, with NYC Budget Director Jacques Jiha
June 09, 2023
$4.3 billion is the Adams' Administration's estimate of the cost to house and provide services to asylum seekers this and next year. But that is only a small portion of the City's fiscal challenges. NYC Budget Director Jacques Jiha joined the CBC to discuss the fiscal year 2024 Executive Budget, negotiations with the City Council, future budget gaps, efforts to improve the City's management and more.
Video
City Budget
Conversation with NYC Budget Director Jacques Jiha
A CBC Event
May 31, 2023
NYC Budget Director Jacques Jiha briefed CBC Trustees on the New York City Fiscal Year 2024 Executive Budget.
Blog
City Budget
Spending In Perspective
NYC FY 2024 Executive Budget
May 23, 2023
While proposed fiscal year 2024 City funds spending declines 2.2 percent from what is currently projected for fiscal year 2023, it is 7.5 percent higher than fiscal year 2022.
Report
City Budget
PEGs In Perspective
NYC FY 2024 Executive Budget
May 23, 2023
The vast majority of these actions will have no impact on services, thus far providing savings primarily by saving money that would not have been spent anyway.
Op Ed
Transportation
Labor and the MTA Must Work Together to Improve the Nation's Largest Transit System
City & State
May 17, 2023
With the TWU 100’s contract expired, there’s an opportunity for both sides to work together to improve service for New Yorkers.
Blog
City Budget
Not Undercover
The NYC Fiscal Year 2024 Executive Budget for the NYPD
May 17, 2023
New York City’s Fiscal Year 2024 Executive Budget allocates $10.8 billion for the NYPD in fiscal year 2024.