Showing 1 - 20 of 520
May 22, 2019It will cost NYS school districts approximately $62.6 billion to provide a sound basic education to all students, yet several districts will not have enough funding.
Video City Budget
May 17, 2019OMB Director Melanie Hartzog presented the New York City Executive Budget to CBC Trustees and to answered important questions.
May 14, 2019The 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.
May 13, 2019A new report by the Citizens Budget Commission says New York needs $5.7 billion to keep roads in “good repair.”
May 08, 2019The new congestion pricing fee serves the dual goals of raising revenue and reducing traffic congestion; however, the measure is not a complete solution to the State’s need for transportation funding.
Blog Pensions & Benefits
May 01, 2019For the remaining seven weeks of the legislative session, members of the Assembly and Senate will devote their energies to moving bills through the legislative process, including proposals to enhance the benefits of State and local public employees and retirees.
Report Public Workforce
April 30, 2019The MTA's fiscal outlook is dire, and improving it requires a multipronged approach. Paramount in the effort is slowing the growth of labor costs.
Report Health Care
April 25, 2019This discussion paper outlines lessons from previous and existing efforts to coordinate the care of duals, and suggests five strategies for the State to consider moving forward.
Report Economic Development
April 24, 2019Dozens of bills to expand existing economic development programs and create new ones have been introduced during the legislative session.
Report City Budget
April 18, 2019A well-funded and structured Rainy Day Fund (RDF) would help New York City weather future recessions.
April 05, 2019The NYS Adopted FY 2020 Budget directs three revenue sources to support the MTA. This blog clarifies what the revenue streams are and how they will flow to the lockbox.
Video Health Care
April 01, 2019Dr. Mitchell Katz joined CBC to discuss his transformation plan to improve H+H's fiscal stability.
March 30, 2019According 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.
March 29, 2019A 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.
Video State Budget
March 28, 2019NY1 looked at education, congestion pricing and criminal justice and taxes and the proposal for five year extension of the millionaire's tax, CBC President Andrew Rein joined to help unpack the proposed budget.
March 28, 2019NYC Ferry serves more than 4 million passengers at a high level of operating subsidy: $10.73 per ride, 10 times that of the New York City Transit.
Blog State Budget
March 19, 2019New York State revenue weakness already looms over the fiscal year 2020 budget negotiations.
March 19, 2019Options for raising sufficient funds for roads and transit statewide include increasing tolls and fees, enacting congestion pricing, and implementing a vehicle-miles traveled (VMT) fee.
March 13, 2019The pied-à-terre tax is appealing politically because it is levied on wealthy people with means to pay and nonresidents who do not vote. Nevertheless, it is problematic for several reasons.