Search
Showing 1 - 20 of 402
Statement
State Budget
NYS Late Budget Fails to Reduce Structural Gap
$237B of Spending Approved without Providing Financial Plan Tables
April 20, 2024
Three weeks late, State lawmakers finally approved the budget and again have failed to publish basic financial plan tables that show New Yorkers essential details about how their money is being spent this year and the budget’s future impacts.
Statement
State Budget
Conceptual Budget Agreement Appears to Take State Further in Wrong Direction, Increasing Structural Gap above $16B
Lawmakers Should Show Basic Financial Plans
April 15, 2024
The two-week late “conceptual” budget agreement leaves New York State with a significant future structural budget gap likely exceeding $16 billion.
Statement
State Budget
Statement on Late NY State Budget for FY 2025, Need for Another Extender
April 11, 2024
Late budgets should still be good budgets. This final stretch should be short and produce a budget that is good for New Yorkers now and in the long run.
Video
Housing
Conversation with NYCHA CEO Lisa Bova-Hiatt and NYCHA Chair Jamie Rubin
How NYCHA plans to invest $60B over 5 years
March 27, 2024
Lisa Bova-Hiatt is the Chief Executive Officer (CEO) of the New York City Housing Authority, and Jamie Rubin is the Chair of the New York City Housing Authority.
Statement
Pensions & Benefits
Statement on Proposed Tier 6 Benefit Sweetener as Part of State’s Fiscal Year 2025 Budget
March 27, 2024
The proposed change to Tier 6 pension benefits, which will cost the State and local governments in New York nearly $400 million per year, is unnecessary, expensive, and should be rejected.
Statement
State Budget
Statement on Medicaid/Managed Care Tax Proposal in NYS Budget Talks
March 26, 2024
The proposal to levy a new tax on Medicaid and other managed care plans to leverage $4 billion of federal money relies on speculative, temporary revenue to seed permanent spending increases.
Statement
State Budget
Statement on State One-House Budget Proposals
March 12, 2024
The Legislature's one-house proposals shift the budget discussion in the wrong direction. Both houses propose tax increases that would weaken New York’s already precarious competitive position.
Video
State Budget
Conversation with Blake Washington, NYS Budget Director
A CBC Event
February 15, 2024
Blake G. Washington is the Budget Director for the State of New York, and he joined CBC Trustees for an in-depth look at the State’s fiscal picture.
Statement
State Budget
Statement on the New York State Executive Budget for Fiscal Year 2025
January 16, 2024
While the budget takes some important initial steps to reduce spending growth, significant additional restraint will still be needed to close the State’s structural budget imbalance.
Blog
State Budget
What to Look for in New York State’s Fiscal Year 2025 Executive Budget
January 11, 2024
With Governor Kathy Hochul having delivered her State of the State address and the Legislature convened, attention in Albany now turns to the Fiscal Year 2025 Executive Budget—due in just a few days.
Statement
State Budget
Statement on Governor Hochul's 2024 State of the State Address
January 09, 2024
Governor Hochul rightly highlighted the importance of ensuring New York is attractive and affordable to businesses and residents and the need to protect New Yorkers from more tax increases.
Video
Transportation
Conversation with the MTA's Janno Lieber and Jamie Torres-Springer
A CBC Event
December 13, 2023
MTA Chair and CEO Janno Lieber and MTA Construction & Development President Jamie Torres-Springer to discuss a wide range of issues facing the MTA.
Statement
State Budget
Watchdogs: State’s “Quick Start” Budget Meeting Is Good Government
Sensible for Governor, Comptroller, Senate, and Assembly to Seek Consensus on State Revenues before Starting Debate on Spending
November 14, 2023
“Quick start” is a common-sense way to increase transparency and keep the budget centered on spending priorities instead of bickering over projected revenues.
Statement
State Budget
Statement on New York State’s Mid-Year Update to the Fiscal Year 2024 Financial Plan
October 30, 2023
While the Midyear Update clearly includes some good news, the State is still far from out of the woods.
Statement
Transportation
Statement on the MTA’s Twenty-Year Needs Assessment for 2025-2044
October 04, 2023
The MTA's Twenty-Year Needs Assessment for 2025-2044 (TYNA) importantly lays bare the transit system’s precarious state of repair.
Video
Economic Development
Conversation with Andrew Kimball, President & CEO of NYC EDC
A CBC Event
September 13, 2023
Andrew Kimball is President & CEO of New York City Economic Development Corporation (NYCEDC), where he leads NYCEDC’s work growing an innovative and inclusive economy for all New Yorkers.
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.
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.
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.