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Statement
City Budget
Statement on the NYC Fiscal Year 2021 Executive Budget
April 16, 2020
While the City is to be commended for balancing the budget without tax increases or borrowing, it has used a short-term strategy that leaves a significant gap in FY 2022.
Video
State Budget
State Budget Breakdown
New York NOW from WMHT
April 04, 2020
David Friedfel from CBC breaks down the final spending plan and what it means for New Yorkers.
Statement
State Budget
Statement on the New York State Fiscal Year 2021 Enacted Budget
April 02, 2020
CBC President Andrew S. Rein issued this statement on the NYS FY 2021 Enacted Budget:
Statement
City Budget
CBC Calls for Greater Savings to Address Looming NYC Budget Gap
March 24, 2020
Responding to the pandemic and the economic crisis it has triggered will have a significant impact on NYC’s finances in both the near and long term.
Statement
State Budget
Statement on the Medicaid Redesign Team Recommendations
March 19, 2020
The MRT had a difficult task to do with little time, and deserves credit for soliciting public feedback, considering hundreds of proposals, and rising to the challenge of proposing significant reforms and savings without recommending tax increases.
Statement
State Budget
CBC Urges State Leaders to Adopt a "Bare Bones" Budget That Supports Pandemic Response
March 17, 2020
A world pandemic has created unprecedented dangers and hardships in New York State and New York City.
Video
CBC News
How the Coronavirus Affects the City and State’s Bottom Line
Spectrum News NY1
March 10, 2020
Andrew Rein discuss the impact of the coronavirus crisis on the city and state’s bottom line.
Video
CBC News
88th Annual Awards Dinner
Honoring Richard Ravitch, the NYS Attorney General, and NYS Comptroller
March 03, 2020
The CBC Annual Dinner honoring Richard Ravitch, the Office of the New York State Attorney General, and the Office of the New York State Comptroller.
Podcast episode
City Budget
2020, with Alyssa Katz and Laura Nahmias
February 14, 2020
2020. Welcome to the new decade! It’s Andrew Cuomo’s 10th year as Governor, Bill de Blasio’s 7th year as Mayor, and it promises to be a busy year in New York politics. Alyssa Katz of The City and Laura Nahmias of the Daily News Editorial Board discuss policy priorities as the State and City legislative sessions begin.
Podcast episode
Housing
6 months, with Gregory Russ
January 30, 2020
6 months is the time the New York City Housing Authority has to develop a reorganization plan. In this episode NYCHA Chair & CEO Greg Russ discusses working with the federal monitor to facilitate change, working with residents to instill confidence, and what needs to happen at NYCHA to make it a high-performing agency that can ably serve its 380,000 residents.
Video
Housing
Gregory Russ, NYCHA Chair & CEO
A CBC Breakfast Series
January 28, 2020
NYCHA Chair & CEO Gregory Russ joined CBC to discuss public housing in a fireside chat with CBC President Andrew Rein.
Statement
State Budget
Statement on the NYS Executive Budget for FY 2021
January 22, 2020
As details of the Governor’s plan are examined over the coming weeks and months, CBC will release additional analysis and commentary.
Podcast episode
City Budget
Episode 87: 7 days, with Andrew Rein
January 22, 2020
7 days since the start of budget season, which commenced this year with the New York City Preliminary Budget released on January 16th. The State Budget, released just yesterday, may have a significant impact on the City’s finances this year: with the State facing a large budget gap, the Executive Budget proposes reorganizing school aid formulas and restructuring the local obligation with respect to Medicaid funding. CBC President Andrew Rein joins the pod.
Statement
City Budget
Statement on the NYC Fiscal Year 2021 Preliminary Budget
January 16, 2020
The budget presented today holds the line on new spending programs. However, it misses the opportunity to further improve the City’s preparedness for looming risk.
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!
Video
CBC News
Taking a Look at Foundation Aid
WMHT
December 05, 2019
After months of public roundtables, will state lawmakers move to change the formula that determines aid for public schools? The Times Union’s Rachel Silberstein speaks with three education advocates about why they think it should happen.
Video
CBC News
Projected Deficits in NYS Budget
WFXV Eyewitness News
November 26, 2019
A mid-year New York State budget update shows a $6.1 billion gap estimated in Fiscal Year 2021 and even higher deficits projected in the following years.
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.
Podcast episode
City Budget
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.