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Special Feature Capital Spending
February 19, 2018At the end of fiscal year 2017, New York City debt outstanding grew to $116 billion. As total debt has grown—by 71 percent since 2005—the forms of debt the City issues have also diversified.
Video State Budget
February 15, 2018NYS Budget Director Robert Mujica presents the annual New York State Executive Budget Briefing to CBC.
Podcast episode Transportation
February 15, 2018$418 million is the amount Governor Andrew Cuomo wants New York City to commit to the Subway Action Plan, the emergency plan to address repairs to the distressed subway system. Politico NY senior reporter Dana Rubinstein discusses this and other pressing transit issues.
February 12, 2018The Governor's proposals represent bold and important steps to address the negative impacts the federal tax law will have on New Yorkers and to maintain New York's competitive position.
Podcast episode City Budget
February 08, 2018$72.4 billion is total Medicaid spending in the NYS Executive Budget for FY 2019. CBC's Senior Advisor for Health Policy Dr. Charles Brecher joined WT[D]P to discuss progress on Medicaid reforms and the potential impact of federal actions on health care in New York.
Press Release Pensions & Benefits
February 08, 2018CBC today released the report Union-Administered Benefit Funds: Getting More Out of a Billion Dollar Taxpayer Contribution, which gives short-term and long-term recommendations for improving the inefficient operations of union-administered benefit funds.
Report Pensions & Benefits
February 08, 2018NYC taxpayers are projected to contribute $1.1 billion to 108 union-administered benefit funds. Better management, oversight, and consolidation can create more than $160 million in savings for the City and improve benefits for members.
Special Feature City Budget
February 07, 2018How does Mayor de Blasio's Citywide Savings Program stack up against PEGs of the past?
Testimony Economic Development
February 06, 2018How can EDC improve its performance in 2018?
Blog State Budget
February 06, 2018Spending growth in the NYS Fiscal Year 2019 Executive Budget will be 4.1 percent - more than twice what was claimed when the budget was released.
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.
Letter State Budget
February 02, 2018CBC, Fiscal Policy Institute, New York Public Interest Research Group, and Reinvent Albany strongly support a substantial increase in annual funding to the Authorities Budget Office.
Podcast episode City Budget
February 02, 2018$88.7 billion is the NYC Preliminary Budget for Fiscal Year 2019, released yesterday by Mayor Bill de Blasio. City-funded expenditures are up 4.3 percent over fiscal year 2018. Wall Street Journal City Hall reporter Mara Gay joined WT[D]P to wade into the preliminary budget's details.
February 02, 2018The FY 2019 Executive Budget proposed to allow the MTA to create tax increment financing districts in NYC to raise revenue for capital improvements. Though TIFs can play a useful role, the proposal is flawed.
Statement City Budget
February 01, 2018Before the going gets tough, the Mayor should get going by limiting spending growth, bolstering the savings plan, and adding to reserves
Blog City Budget
January 29, 2018Four strategies to help Mayor de Basio think through budgeting in his second term.
Press Release City Budget
January 26, 2018In order to reach, and then sustain, budget stability in the Mayor’s second term, the budget should contain spending growth; build reserves; reduce the size of the capital plan and the cost of capital projects; and strengthen finances at NYCHA and NYC H+H.
Podcast episode Taxes
January 25, 2018New York taxpayers could lose as much as $14.3 billion in federal tax deductions because of the capping of the state and local tax deduction in the new federal tax law. State Budget Director Robert Mujica and New York City First Deputy Mayor Dean Fuleihan discuss the potential impact and possible responses at a special conference event.
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?