Search
Showing 1 - 20 of 36
Blog
State Budget
A Rank of 39th for State Financial Health – Is New York Really That Bad?
August 09, 2017
A recent analysis ranks New York’s fiscal health 39th of the 50 states.
Blog
State Budget
Budget Proposals with a Big Long-Term Payoff
March 16, 2017
The NYS FY2018 Executive Budget includes three proposals to reduce the State’s cost of providing retiree health insurance. Budget savings would be modest, but the reduction in the OPEB liability would be significant.
Podcast episode
City Budget
$95 billion, with Dr. Thad Calabrese
October 25, 2017
This episode's datapoint is $95 billion, the current value of all of the future retiree benefits, except pensions, already earned by current retirees and employees of NYC. This amount, referred to as OPEB, or 'Other Post-Employment Benefits,' is primarily the cost of health insurance for NYC employees, their spouses and families. Special guest Dr. Thad Calabrese of NYU, and author of CBC's latest report on this subject, "The Price of Promises Made," gives an in-depth look at the City's OPEB obligations, compare them to those of other cities around the country, and explains why the City should establish more appropriate benefits and funding arrangements.
Report
Pensions & Benefits
The Price of Promises Made
What New York City Should Do About Its $95 Billion OPEB Debt
October 25, 2017
CBC presents options for tackling this looming $95 billion liability threatening New York City's fiscal health.
Letter
State Budget
CBC Urges Governor to Veto Expensive Benefit Sweeteners
October 12, 2017
CBC calls on Governor Andrew Cuomo to veto 16 bills that would provide expensive enhancements to government employee and retiree benefits.
Blog
Health Care
Time to Rethink HCRA Taxes
April 18, 2017
Taxes initially earmarked for health care programs are now being transferred to the State's General Fund and used for other purposes. The Legislature should replace them in future budgets.
Letter
State Budget
Recommendations for Legislative Action on the Governor's Executive Budget for FY2018
February 28, 2017
The CBC’s recommendations for proposals to support, modify, and reject.
Blog
State Budget
First Take on the NYS FY2018 Executive Budget
January 19, 2017
How does the State budget look? Most proposals get mixed reviews.
Statement
Health Care
Statement on the "Collins Amendment"
March 22, 2017
The recent addition of the “Collins Amendment” to the House of Representatives’ American Health Care Act provides a strong incentive for New York’s Governor and Legislature to eliminate the mandated local share of Medicaid costs, a policy change long advocated by the Citizens Budget Commission.
Report
Public Workforce
Governor Cuomo's Labor Contracts
Only Getting Part of the Job Done
January 06, 2017
In collective bargaining, the Governor must balance paying workers fairly with keeping tax levels reasonable. More needs to be done to control rising fringe benefits costs.
Press Release
Pensions & Benefits
CBC Issues Report Detailing The Unsustainable And Growing Burden Of New York City's Other Post-Employment Benefit Debt
October 25, 2017
NYC's Other Post-Employment Benefits (OPEB) amounts to $95 billion. New policies should be implemented to reduce the financial burden on future generations.
Report
Pensions & Benefits
2017 Benefit Sweetener Scorecard
December 07, 2017
The State Legislature passed 26 bills. Click to learn more.
Blog
City Budget
Mixed Marks on NYC Adopted FY2018 Budget
June 13, 2017
Boosts to reserves accompanied by more spending and headcount.
Testimony
City Budget
Testimony on the NYC FY2018 Executive Budget
Submitted to the NYC Council Finance Committee
May 25, 2017
As City leaders move toward adopting the budget, CBC recommends greater spending restraint; increasing efficiency savings; bolstering reserves; and improving the capital planning process.
Blog
State Budget
Pre-Budget Ruminations
What to Look for in the NYS Fiscal Year 2019 Executive Budget
December 17, 2017
With a reported gap between $4.4 billion and $6.3 billion, and billions in federal changes yet to be recognized, here's what CBC will ask when Governor Cuomo rolls out the 2019 Executive Budget.
Blog
Transportation
Five Noteworthy Changes in the MTA's Financial Plan
March 15, 2017
The MTA's modified financial plan include 5 noteworthy changes which have the combined impact of slightly worsening the agency’s fiscal outlook.
Blog
Transportation
More Than Enough Problems
The MTA 2018 Final Proposed Budget and Four-year Financial Plan
November 27, 2017
There are unanswered questions about the MTA's 2018 budget and $1.5 billion Subway Action Plan.
Report
Health Care
Challenges of Enhancing Effective Engagement of Community Based Organizations in Performing Provider Systems
A Discussion Paper
November 13, 2017
Reform of NY's Medicaid program has made significant progress; however, much remains to be accomplished. A project funded with support from the New York Community Trust to help effectively implement redesign strategies.
Special Feature
Public Workforce
Average Pay at the 15 Largest New York City Agencies, FY 2016
April 24, 2017
How much do New York City employees earn in pay each year?
Blog
State Budget
When 2 Percent Isn't 2 Percent
May 30, 2017
Adjustments to consistently track year-to-year reveal a 3.7% growth rate in fiscal year 2018.