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September 12, 2017Director of State Studies David Friedfel breaks down NYS school spending per pupil by federal, state, and local revenues. Most revenue comes from local property taxes, which is how wealthier school districts are able to spend more while still getting a considerable amount from the state and federal levels.
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.
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?
December 21, 2017The Special Committee consists of CBC trustees, civic leaders, and policy experts, and will identify the greatest impacts and options for appropriate state and local government action.
Press Release State Budget
March 19, 2018The CBC released a comprehensive report detailing the massive impacts the Tax Cuts and Jobs Act will have on the residents and revenues of New York State, as well as the steps needed to address these problems.
March 18, 2018Strategies to mitigate the federal tax law's threat to New York's competitiveness and New Yorkers' wallets.
Podcast episode City Budget
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.
Podcast episode Taxes
November 09, 2017$67 billion is the amount of state and local taxes New York State residents deduct from their federal tax returns each year. Known as SALT, this deduction is the topic of intense debate in Washington. Congressional leadership proposes to eliminate or cap SALT in order to offset the cost of corporate and other tax cuts.
Special guest Jay Kriegel, Senior Advisor at Related Companies, is a New York communications and strategic advisor who has been involved in a number of major New York political and policy initiatives. In 1986, Jay led a national coalition that thwarted an attempt to eliminate the SALT deduction, and today he has taken a leadership role in the coalition to protect it.
Video State Budget
February 15, 2018NYS Budget Director Robert Mujica presents the annual New York State Executive Budget Briefing to CBC.
September 07, 2017Based on the most recent national data, New York spends more per pupil than any other state: $21,206 per pupil compared to the national average of $11,392 as of the 2014-2015 school year.