Showing 1 - 11 of 11
December 04, 2019The balancing act facing legislators as they consider proposals to reform the property tax is how to increase equity, fairness, and transparency, while maintaining fiscal stability and reliability.
November 27, 2018CBC makes recommendations for property tax reform to fix problems with transparency and equity of the system.
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.
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?
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.
January 22, 2016The two most significant issues are: 1) among residential properties, rental buildings are taxed more heavily than single family homes, and 2) within the two subgroups of residential properties—small homes and large rental buildings—property tax rates vary widely.
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.
Testimony State Budget
December 17, 2009In this testimony the CBC assesses the effectiveness of provisions in the New York State Budget Reform Act of 2007 and makes additional recommendations for improving transparency, forecasting, and flexibility.
March 12, 2009This testimony emphasizes two key points about New York’s personal income tax (PIT) and offers a framework for thinking about tax reform in the current fiscal context: 1) New York’s PIT is progressive, but its overall tax structure is not; and 2) New York’s economic competitiveness should be an important factor in considering changes to its tax rates.