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Podcast episode
State Budget
Episode 86: $28.8 billion, the Holiday Edition
December 11, 2019
$28.8 billion is the cumulative four-year budget gap facing New York State between fiscal years 2020 and 2023. CBC President Andrew Rein joined the podcast to explain how the State should get its fiscal house in order. And for a special treat, CBC's Andrew Perry and Ana Champeny discuss regional economic development and NYC property taxes. Happy Holidays!
Statement
State Budget
CBC Statement on the New York State FY 2020 Midyear Update
November 22, 2019
Statement by Citizens Budget Commission (CBC) President Andrew S. Rein on the New York State FY 2020 Midyear Update
Podcast episode
Transportation
275, with MTA Board Member Veronica Vanterpool
November 21, 2019
275 is the number of meetings Veronica Vanterpool has attended since she was appointed to the board of the Metropolitan Transportation Authority. She is one of four individuals appointed by the Mayor to the 21 member board. She joined the pod to discuss her time on the board, the important challenges facing the MTA, and more.
Statement
Transportation
Statement on the MTA's 2020 Final Proposed Budget and November 2020-2023 Financial Plan
November 14, 2019
Statement by CBC President Andrew S. Rein on the MTA 2020 Final Proposed Budget and November 2020-2023 Financial Plan.
Video
Transportation
TWU Rallies for Better Contract Outside MTA Headquarters
Spectrum News NY1
October 31, 2019
Thousands of transit workers are turning up the heat on the MTA, demanding a new contract with a wage hike.
Podcast episode
Taxes
Episode 83: $81.3 billion, with Commissioner Michael Schmidt
October 24, 2019
$81.3 billion the amount of tax revenue New York State will collect in fiscal year 2020—46 percent of all resources in the $176 billion New York State budget. Michael Schmidt, Commissioner of the New York State Department of Taxation and Finance, joined the podcast to parse the details on the State’s tax base and taxation policies.
Video
Transportation
MTA Fare Inreases Ahead?
Fox 5 News
October 15, 2019
MTA’s $50 billion plan to upgrade transit system will likely lead to fare increases.
Podcast episode
State Budget
$7.3 trillion, with Linda A. Lacewell
October 04, 2019
$7.3 trillion is the total assets of the more than 3,000 insurance and financial institutions regulated by the New York State Department of Financial Services (DFS). DFS Superintendent Linda Lacewell discusses DFS' critical role as a regulator.
Statement
Health Care
Statement on Medicaid Payment Delays in the New York State Budget
October 03, 2019
CBC President Andrew S. Rein released this statement on the Medicaid Payment Delays in the New York State Budget: "The State making an end of fiscal year 2019 Medicaid payment a week late was no mere delay. It was an obfuscation of the State’s fiscal condition, allowing the State to avoid addressing a deep and recurring problem."
Statement
Transportation
Statement on the MTA's Proposed 2020-2024 Capital Plan
September 16, 2019
The MTA should answer three significant questions when it releases the full 2020-2024 Capital Plan.
Special Feature
Transportation
MTA Fiscal Dashboard
August 31, 2019
Explore the MTA Financial Plan with our Dashboard - Updated August 2019
Video
Transportation
Transit Workers Union Rejects MTA Contract Offer
NY1
August 21, 2019
Labor negotiations are heating up between the MTA and its largest union, the TWU.
Special Feature
Transportation
Facts About The MTA
July 17, 2019
This infographic presents a snapshot of NYC Transit's operating expenses, on-time performance, ridership, 5-year capital plans and facts about Central Business District tolling.
Special Feature
City Budget
Budget Navigator
for New York State and New York City Finances
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.
Podcast episode
Transportation
1.28 cents, with Patrick Orecki
May 23, 2019
1.28 cents is the amount New York collects in fuel taxes for every vehicle mile driven. A recent CBC report "Switching Gears" explored the implementation of an innovative approach to finance highway and bridge improvements: a vehicle-miles traveled fee. What’s a VMT, and how does it work? CBC's Patrick Orecki joined the podcast to discuss what a VMT might look like in New York.
Video
Transportation
Switching Gears: A New Way to Fund Transportation
A Panel Discussion
May 14, 2019
The Rockefeller Institute of Government and CBC hosted "Switching Gears: A New Way to Fund Transportation," a presentation and expert panel discussion on the vehicle-miles travel (VMT) fee.
Special Feature
City Budget
Facts About The NYC Budget
2019
May 13, 2019
A snapshot of NYC's budget, including projections for spending, headcount, savings, liabilities, and revenue shortfalls in case of a recession.
Video
Transportation
Citizens’ Group Exploring ‘Vehicle Miles Traveled Fee’ To Help Pay For Fixing NY Roads
CBS New York
May 13, 2019
A new report by the Citizens Budget Commission says New York needs $5.7 billion to keep roads in “good repair.”
Statement
State Budget
Statement on the NYS FY 2020 Announced Budget Agreement
April 01, 2019
A state budget agreement appears to make progress on a number of important policy areas, but does not protect from a possible economic downturn.
Video
Transportation
CBC Report on NYC Ferry and Subsidies
Fox 5 News
March 30, 2019
According to a CBC report, the number of NYC Ferry passengers for all of last year is less than the number of passengers who ride NYC subways in just one day. Mayor de Blasio defends the ferry service & says it’s a long-term investment.