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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.
Podcast episode
City Budget
125,323, with Meera Joshi
May 09, 2019
125,323 is the number of vehicles licensed by the NYC Taxi & Limousine Commission in 2018. The dramatic rise of for-hire vehicles has posed new challenges, and at the forefront of using data to tackle these challenges was former TLC Commissioner Meera Joshi, now a visiting scholar at NYU Wagner.
Podcast episode
City Budget
$92.5 billion, with Yoav Gonen
April 30, 2019
$92.5 billion is the size of the NYC Executive Budget for FY 2020, an increase of 29% in total spending since Bill de Blasio's first year as Mayor. Joining the podcast to review budget highlights is Yoav Gonen, City Hall reporter for The City.
Podcast episode
City Budget
$175.5 billion, with David Friedfel and Patrick Orecki
April 02, 2019
$175.5 billion, the size of the NYS Budget for FY 2020 enacted by the Legislature. The budget includes several notable policy changes, such as funding and new reforms at the MTA. CBC's David Friedfel and Patrick Orecki discuss the key takeaways.
Video
Health Care
Dr. Mitchell Katz, President & CEO of NYC Health + Hospitals
CBC Breakfast Series
April 01, 2019
Dr. Mitchell Katz joined CBC to discuss his transformation plan to improve H+H's fiscal stability.
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.
Video
Transportation
Report Slams High Subsidy Cost for Running NYC Ferry Service
Specrum News NY1
March 29, 2019
A new study by the Citizens Budget Commission finds that each trip costs taxpayers $10.73. That's more than 10 times the subsidy for a trip on the subway at $1.05.
Letter
City Budget
Testimony Follow up: Letter to the Charter Revision Commission
Borough President Capital Budget Role
March 26, 2019
CBC's proposal to focus the Borough President capital budget role on identifying needs and providing recommendations.
Podcast episode
City Budget
5, with Alicia Glen
March 26, 2019
5 is the number of years Alicia Glen was the Deputy Mayor for Housing and Economic Development under Mayor Bill de Blasio. She joins the podcast to reflect on her tenure as Deputy Mayor, the state of the city in 2014, where it stands now, and where it should be heading.
Podcast episode
City Budget
202, with Polly Trottenberg
March 21, 2019
202 is the number traffic related fatalities in NYC in 2018, a record low. NYC DOT Commissioner Polly Trottenberg joined the podcast to discuss the success of Vision Zero, her approach to managing city transit, and her role on the MTA Board.
Podcast episode
City Budget
4.7 mph, with Nicole Gelinas
March 14, 2019
4.7 mph is the speed at which taxis travel in Midtown Manhattan. Nicole Gelinas, a Senior Fellow at the Manhattan Institute, joins the podcast to discuss traffic, mobility, and the MTA.
Podcast episode
City Budget
25,000 with Vishaan Chakrabarti
February 21, 2019
25,000 is the number of jobs that would have been created under a now-defunct deal with Amazon to create a second headquarters in Long Island City, Queens. Vishaan Chakrabarti, founder of the Practice for Architecture and Urbanism (PAU), discusses the deal and how its failure may impact New York City's economic competitiveness.
Podcast episode
City Budget
$92.2 billion, with Sally Goldenberg
February 08, 2019
$92.2 billion is the size of the NYC's FY 2020 preliminary budget proposed by Mayor de Blasio. Sally Goldenberg, the City Hall bureau chief for Politico NY, joins the podcast to discuss the budget and what to expect as budget season kicks off.
Video
City Budget
The Mayor Called on NYC Agencies to Cut Their Budgets, But is the City Saving Enough?
NY1 Inside City Hall
February 08, 2019
CBC President Andrew Rein and IBO Director Ronnie Lowenstein joined Errol Louis on NY1 Inside City Hall to analyze the budget and explain if the city is saving enough for the next economic downturn.
Podcast episode
City Budget
$175 Billion, with Andrew Rein
January 17, 2019
$175.2 billion is the size of Governor Cuomo's proposed budget for fiscal year 2020. CBC President Andrew Rein joined the podcast to help unpack the proposed budget.
Podcast episode
City Budget
2,268 with Stephen Eide
December 13, 2018
2,268 is the average daily number of people in adult psychiatric centers in New York State, a decrease from a peak of more than 93,000 people in 1955. Stephen Eide, a Senior Fellow at the Manhattan Institute, discusses the impacts of deinstitutionalization in New York.
Podcast episode
City Budget
18.6%, with Greg David and Cara Eisenpress
November 30, 2018
18.6% is the poverty rate in New York City. Greg David and Cara Eisenpress, both from Crain's New York Business and the Craig Newmark Graduate School of Journalism at CUNY, discuss their recent reporting exploring New York City's safety net, how it's funded, and how it compares to other places (hint: a lot better).
Video
City Budget
CBC Releases Recommendations on How FDNY Should Allocate Its Resources
Fox 5 New York
November 25, 2018
Citizens Budget Commission releases recommendations on how #FDNY should allocate its resources.
Podcast episode
City Budget
Episode 59: 1981
November 16, 2018
The data point for today is 1981, the year in which the State Legislature enacted S7000A, the landmark bill that formalized the current property tax system for New York City. A response to the Hellerstein case, which found the system was in violation of State law, S7000A essentially codified the status quo.In doing so, it established a system of property classification, fractional assessments, caps, phase-ins, and class shares that is still with us 37 years later. These structural features and statutory requirements are the root of the system’s inequities and complexities. A home worth $500,000 can face the same tax bill as a home worth $1.5 million, while the value of a condominium unit, according to the City, is a fraction of its sale price. In fact, some buildings have values that are below the sale price of individual units. And commercial and rental property faces a higher average property tax burden than 1-, 2- and 3-family homes.
These inequities and problems have led to repeated calls for reform, including pending litigation. This past May, Mayor de Blasio and Speaker Johnson formed the Advisory Commission on Property Tax Reform. In September, the Citizens Budget Commission, the Regional Plan Association, and NYU Robert Wagner School of Public Service held a panel to discuss the problem, inequities and potential reforms
Podcast episode
City Budget
3, with Cesar Perales
November 01, 2018
3 is the number of proposals on the November 6 ballot from Mayor de Blasio’s Charter Revision Commission. In this episode Commission Chair Cesar Perales discusses the proposed amendments.