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Blog
Taxes
New York City Homeowners
Who's Got the Unfairest Tax Burden of Them All?
September 12, 2018
One of the basic principles of good tax policy is equity: similarly situated taxpayers should have similarly sized tax bills. New York City’s property tax system does not comport with this principle.
Blog
City Budget
Reduction in Uniformed Overtime Is Still Needed
July 12, 2018
Without workrule changes the City’s uniformed overtime caps are unlikely to be successful. In fact, several agencis have already exceeded their FY 2018 caps.
Blog
Public Workforce
The Cost of a Growing City Workforce
Ballooning Budgets and Long-term Liabilities
July 10, 2018
NYC’s municipal workforce is projected to reach a record 331,520 employees by the end of fiscal year 2019. Headcount expansion has a significant impact on the City’s budget and long-term financial position.
Op Ed
Pensions & Benefits
Pension sweeteners a bitter prospect for New York City
New York Daily News
June 15, 2018
The City Council adopted a budget for fiscal year 2019 that totals almost $90 billion. Almost $10 billion will be devoted to pensions for public employees, and the amount is projected to grow. And yet, for some, this is not enough.
Op Ed
City Budget
How New York City Can Afford Fair Fares
Slowing the growth of the city’s workforce would provide the needed savings
April 16, 2018
The Fair Fares proposal can be accommodated within the city budget by exercising greater restraint in hiring and more aggressively tackling inefficiencies in its operations.
Op Ed
Transportation
Latest value capture proposal could harm NYC
City taxes should not be diverted to the MTA without local input
March 22, 2018
While value capture makes sense in theory, any such arrangement should be tailored to specific projects and circumstances - with the agreement of the City.
Blog
Pensions & Benefits
A Budget Proposal That Seems Fiscally Responsible, But Doesn’t Tackle the True Problem
February 22, 2018
It's time to eliminate the expensive and risky benefits provided by the TDA.
Video
CBC News
NYS Budget Director Robert Mujica (2018)
Annual Budget Briefing
February 15, 2018
NYS Budget Director Robert Mujica presents the annual New York State Executive Budget Briefing to CBC.
Video
City Budget
Budget Concerns
Inside City Hall
February 04, 2018
Citizens Budget Commission President Carol Kellerman sat down with Errol Louis to share some of her concerns over Mayor de Blasio’s proposed budget.
Blog
Transportation
Tsk-tsk on Governor’s TIF Proposal
February 02, 2018
The FY 2019 Executive Budget proposed to allow the MTA to create tax increment financing districts in NYC to raise revenue for capital improvements. Though TIFs can play a useful role, the proposal is flawed.
Video
Taxes
How Bad Is It? Implications of the Federal Tax Law for NY
Special Half-Day Conference
January 24, 2018
The federal tax overhaul passed last month may have enormous impacts in New York. What can we expect and what are the best responses?
Op Ed
State Budget
Repeal the Film Tax Credit, But Don't Expect Savings Just Yet
Even if this wasteful program is killed in 2018, its expenditures will continue for years
December 13, 2017
The Citizens Budget Commission is a long-time critic of the New York State Film Tax Credit program and supports its repeal. However, due to some unusual provisions of state tax law, repeal of the credit will not yield immediate state savings.
Video
Taxes
The Nelson Report: CBC’s Maria Doulis on NYC’s fiscal issues
July 10, 2017
New York State and local tax deductions, New York City’s $85 billion fiscal plan for 2018, and the inequity of New York City’s real estate property tax system.
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.
Special Feature
Public Workforce
Average Pay at the 15 Largest New York City Agencies, FY 2016
April 24, 2017
How much do New York City employees earn in pay each year?
Blog
Economic Development
NY’s Economic Development Programs Costliest in the Nation
April 07, 2017
It's official: NY's economic development programs cost more than in any other state.
Blog
State Budget
Budget Proposals with a Big Long-Term Payoff
March 16, 2017
The NYS FY2018 Executive Budget includes three proposals to reduce the State’s cost of providing retiree health insurance. Budget savings would be modest, but the reduction in the OPEB liability would be significant.
Blog
Public Workforce
Benefits Sweetener Scorecard
2016
November 29, 2016
The 2016 Benefit Sweetener Scorecard identifies more than 60 bills active this session. These bills could cost the State and local governments hundreds of millions of dollars per year, and since about half the bills do not specify a fiscal impact, the potential costs could be significantly greater.
Special Feature
City Budget
Runs by FDNY Fire Companies
FY 2015
May 10, 2016
An interactive map that shows “runs,” or responses to emergencies, made by engine and ladder companies in fiscal year 2015. The map allows users to analyze the types of emergencies to which their local fire companies respond.
Special Feature
Energy & Environment
Facts About DSNY
April 21, 2016
Presents facts about the NYC Department of Sanitation's operations and costs, including collection and disposal costs and recycling and organic waste capture rates.