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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.
Special Feature Public Workforce

The Growth of NYC Employee Headcount

October 17, 2019
Track the City's total headcount growth back to fiscal year 2004 - shows growth by employee category and which agencies are projected to grow the most in the coming years.
Special Feature City Budget

Budget Navigator

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)

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

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 Education

State Education Aid Proposal for 2019-2020

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.
Testimony Education

Testimony on the New Department of Education Five-Year Capital Plan

December 18, 2018
City officials cannot continue to expect the City can build its way to a solution; making real progress will require implementing operational strategies that alter the use of space and redirect students to facilities with capacity.
Testimony Taxes

New York City Property Tax Reform

November 27, 2018
CBC makes recommendations for property tax reform to fix problems with transparency and equity of the system.
Testimony Economic Development

NYS ABO's Oversight and Regulation of IDAs

September 04, 2018
The purpose of today’s public hearing is to discuss regulations recently proposed by the Authorities Budget Office to impose additional disclosure requirements on local industrial development agencies (IDAs).
Special Feature Education

Foundation Aid for NYS School Districts

May 11, 2018
Most of this year's school aid increases came in the form of Foundation Aid, which is intended to support high-need school districts. All districts received an increase, but some wealthier school districts fared better than others.
Special Feature Economic Development

Economic Development in the New York State Budget

June 14, 2017
Reporting is limited and differs by program. With $4.0 billion in annual state spending and tax expenditures, a significant investment is being made without enough information to evaluate its success.
Testimony Education

Public Comment on School Planning and Siting Process

May 24, 2017
CBC offers two recommendations for improving the school planning and siting process: maximize use of existing capacity, and target new capacity to areas with the highest need.
Special Feature Public Workforce

Facts About NYC Employee Compensation

May 19, 2017
An infographic that shows the City's projected headcount increase from FY2018 to FY2021, the projected average compensation from FY2017 to FY2021, and the average pay by agency and category of worker in FY2016.