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City Budget
Bridge Over Troubled Fiscal Waters?
Only if Federal Aid Is Used Wisely
March 15, 2021
With more than $5 billion in additional federal relief expected to flow to New York City, the appropriate course of action now would be to address the most pressing pandemic and related expenses and responsibly backfill shortfalls in tax revenues temporarily but resist the urge to fund programs with recurring costs without a long run fiscal stability plan.
Blog
Economic Development
Complement, Don't Duplicate
Targeting NYC Small Business Recovery Programs
June 21, 2021
It is critically important for the City to identify potential gaps first by determining which businesses are eligible for which existing programs and whether those programs reasonably meet their needs.
Blog
City Budget
To Cross the Bridge Wisely
Strategies for NYC’s Fiscal Year 2022 Executive Budget
April 20, 2021
The soon to be released Fiscal Year 2022 Executive Budget will reveal how the Mayor proposes to address the City’s extraordinary fiscal circumstances that recently have brightened
Blog
City Budget
NYC Adopted Budget Falls Short
June 26, 2018
On June 14, 2018 the New York City Council adopted the Fiscal Year 2019 Budget. Given strong economic growth and some higher than expected tax revenue generated by federal tax reform, the ample resources allowed Mayor Bill de Blasio and the Council to come to a deal quickly.
Blog
City Budget
Take the NYC Fiscal Monitor Reports with a Grain of Salt
January 05, 2018
NYC's four institutional fiscal are generally optimistic about the City's fiscal health; read why that should be taken with a grain of salt.
Blog
City Budget
A Budget Strategy for Mayor de Blasio's Second Term
January 29, 2018
Four strategies to help Mayor de Basio think through budgeting in his second term.
Blog
City Budget
Scant Savings
Agencies Must Increase Efficiency to Meet Budget Target
February 15, 2017
The $3.8 billion Citywide Savings Program features little in the way of savings from increasing the efficiency of government operations.
Blog
Pensions & Benefits
A Budget Proposal That Seems Fiscally Responsible, But Doesn’t Tackle the True Problem
February 22, 2018
It's time to eliminate the expensive and risky benefits provided by the TDA.
Blog
Public Workforce
Rising Again
City Reverses Course on Workforce Reduction
June 08, 2021
With annual budget gaps in fiscal years 2023 to 2025 nearing $5 billion (including unspecified labor savings), the City should not increase the size of its workforce.
Blog
Energy & Environment
Commercial Waste Zones
A Green Solution in More Ways Than One
November 07, 2018
The City's plan deserves support.
Blog
City Budget
The Citywide Savings Program: OMB is Leading and Agencies Should Follow
May 31, 2017
NYC agencies should develop meaningful efforts to streamline operations and improve productivity.
Blog
Education
Absent Teacher Reserve Costs $136 Million and Needs Reform
June 14, 2018
Teachers in the Absentee Teacher Reserve (ATR) will cost the City $136 million in this school year. The City should pursue reforms to the ATR, such as a 6-month time limit, in upcoming labor negotiations with the UFT.
Blog
City Budget
PEGging Efficiency:
More Savings Needed Under Mayor de Blasio
March 05, 2018
Find out how Mayor de Blasio's savings plan stacks up against the savings found in Mayor Bloomberg's last three preliminary budgets.
Blog
City Budget
Five Fast Facts about the NYPD’s Adopted FY 2022 Budget
July 15, 2021
The more than $10 billion in planned annual spending on the NYPD continues to garner significant attention. NYC’s recently adopted FY 2022 Budget has five important takeaways.
Blog
City Budget
Charter Revision 2019
Clearing Out the Clutter
December 14, 2018
The 2019 Commission will avoid the shortcomings of recent commissions if it stays true to its stated criteria and pursues Charter revisions that simplify and update the document.
Blog
State Budget
Don’t Get Too High on Potential Marijuana Revenues
December 13, 2018
There is significant revenue potential from the marijuana industry, but research suggests that many months or years of careful planning precede consistent revenues.
Blog
City Budget
NYC Budget to Absorb $1 Billion in Additional Spending Due to State Actions
April 23, 2018
The upcoming City budget will have to contend with some sizable impacts from the recently-enacted State budget.
Blog
Public Workforce
We Fund the Police
How Much? What Has Changed?
June 15, 2021
Few fiscal realities are the subject of as much public attention as the size of the NYPD budget.
Blog
City Budget
A $3 Billion Problem
Homeless Services in New York City
May 24, 2018
Despite multipronged concerted efforts, the dramatic growth in City spending on homeless services has not reduced the number of people in shelters, and homelessness remains a serious problem.