Showing 1 - 17 of 17
May 31, 2019Do schools in NYS have enough money to provide a Sound Basic Education. CBC says yes, except for 21 districts.
Podcast episode Taxes
November 16, 20181981 is the year in which the State Legislature enacted S7000A, the landmark law that established the current property tax system for New York City. The problems with the property tax system 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
September 13, 2018NYC Advisory Commission on Property Tax Reform is charged with recommending reforms to make the NYC property tax fairer, simpler, and more transparent. CBC, the Regional Plan Association, and NYU Wagner convened a panel to discuss the current property tax system and the reforms that should be pursued.
February 22, 2018Making changes to Foundation Aid formula would better help school districts most in need while avoiding providing unnecessary amounts of funding to the wealthiest districts.
Video State Budget
February 15, 2018NYS Budget Director Robert Mujica presents the annual New York State Executive Budget Briefing to CBC.
Video City Budget
February 04, 2018Citizens Budget Commission President Carol Kellerman sat down with Errol Louis to share some of her concerns over Mayor de Blasio’s proposed budget.
January 24, 2018The federal tax overhaul passed last month may have enormous impacts in New York. What can we expect and what are the best responses?
Podcast episode Taxes
November 30, 2017$26 billion is the amount of property taxes the City will collect this fiscal year-- it is the largest single source of revenue that funds NYC government. Special guest Martha Stark is a former Commissioner of the Department of Finance. She joined the podcast to discuss the complexities of the system for valuing and taxing real property and explained why reform is badly needed.
September 12, 2017Director of State Studies David Friedfel breaks down NYS school spending per pupil by federal, state, and local revenues. Most revenue comes from local property taxes, which is how wealthier school districts are able to spend more while still getting a considerable amount from the state and federal levels.
Podcast episode Education
September 07, 2017Today’s data point is $66 billion – the amount New York’s school districts received in revenue during the 2015-2016 school year. The state's 674 districts collect an average of $23,635 per student - however, 15 districts surpass this amount, collecting $40,000 per student, while 11 districts fall short, collecting only $11,000 per student.
Broken down by revenue source there’s even more variability, with some districts getting less than 5 percent of revenues from the state, while others rely on state funding for more than 80 cents of every dollar they spend.
Dig deeper with CBC's related blog and interactive map at www.cbcny.org
July 10, 2017New 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.
March 03, 2016CBC Breakfast with CUNY Chancellor James B. Milliken in March 2016.
November 10, 2015CBC Breakfast with SUNY Chancellor Nancy Zimpher
Video City Budget
December 06, 2013This panel discusses options to reform and increase the property tax; and the impact of tax levels on residential and business location decisions.
December 19, 2012CBC Breakfast with New York State Education Commissioner Dr. John B. King, Jr. in December 2012.
April 08, 2011CBC Breakfast with SUNY Chancellor Nancy Zimpher in April 2011.