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Report
Transportation
It's Only Fair
Policies to Reduce Fare and Toll Evasion Are Critical to Transit Sustainability
April 02, 2024
In 2023, the cost to the MTA alone was more than $700 million, which evidence suggests is growing.
Report
State Budget
Up and Away
State Budget Proposals Miss the Mark and Compound Fiscal Problems
March 26, 2024
As New York State lawmakers negotiate the State’s Fiscal Year 2025 Enacted Budget, they risk adding unsustainable spending, driving growth above 6 percent a year, and widening the structural gap to $20.3 billion.
Report
Education
Target and Tighten
The Sustainable Path for School Aid Growth in New York
March 13, 2024
The State’s burgeoning SOF spending has widened budget gaps. Spending restraint is needed to close those gaps, and that will only be accomplished by limiting growth in school aid, which is nearly 30 percent of SOF spending.
Report
State Budget
NYS Budget Outlook
Brighter Economy Has Not Closed Gaps; Focus Should Be Spending Restraint, with More Sunshine on Basic Breakouts
March 07, 2024
Continued strength in the economy has improved the tax receipts outlook for the State, but improving tax receipts are not and will not be the entire solution to closing out-year gaps.
Report
State Budget
Excelsior!
New York State Spending Growth Continues
February 22, 2024
Forward-looking budget choices this year–namely not layering on further tax and spending increases–would relieve the building budget pressure and stave off a potentially harsh fiscal reckoning.
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, appointed by Governor Kathy Hochul.
Report
State Budget
Top of the Charts
New York and Its Localities Were #1 in Taxes and #2 in Spending
February 13, 2024
New York does not exist in a vacuum. It competes with other places, and other jurisdictions’ experiences provide an important perspective on the different choices that are being made.
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.
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 all matters concerning the MTA.
Report
Energy & Environment
Keys to a Cap-and-Invest Design That’s Earth- and Economy-Focused
Recommendations for a Cost-Effective Program to Meet New York's Ambitious Climate Goals
November 28, 2023
While NYCI provides a great opportunity to reduce emissions in a cost-effective manner and fund critical investments strategically, its success depends on it being well designed and implemented.
Report
Transportation
What to Look for in the MTA’s November 2023 Financial Plan
November 27, 2023
While the budget outlook is positive, caution is warranted. The MTA and stakeholders should closely monitor ongoing results because certain risks threaten its projected revenue and expenses.
Report
State Budget
The Mid-Year Check-in
Six Takeaways from the NYS Financial Plan Update and Quick Start Budget Report
November 20, 2023
The fiscal news of the last three weeks makes one thing clear: This year’s budget process will be unlike those of recent years.
Report
Transportation
Needs and Wants
What to Look for in the MTA's Twenty-Year Needs Assessment
September 21, 2023
Based on analysis of past needs assessments, this report recommends how the MTA should improve its forthcoming Twenty-Year Needs Assessment.
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.
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.
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.
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.
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.