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Video
Housing
Conversation with NYCHA CEO Lisa Bova-Hiatt and NYCHA Chair Jamie Rubin
How NYCHA plans to invest $60B over 5 years
March 27, 2024
Lisa Bova-Hiatt is the Chief Executive Officer (CEO) of the New York City Housing Authority, and Jamie Rubin is the Chair of the New York City Housing Authority.
Video
City Budget
New York City Budget Microscope
The Bond Buyer
February 21, 2015
Maria Doulis breaks down New York City's $78 billion budget and $84 billion, 10-year capital plan, with the Bond Buyer.
Blog
Capital Spending
How Much, and for What?
May 21, 2013
Reviews the $54 billion Ten-Year Capital Strategy; the next mayor will have to make difficult trade-offs between competing priorities while ensuring the city’s debt does not become unaffordable.
Blog
Transportation
A Fairer Fare Increase
March 18, 2015
Discusses another, arguably fairer, revenue-raising strategy for the MTA
Special Feature
Transportation
Subway Station Condition Map
August 31, 2015
The Metropolitan Transportation Authority's (MTA) latest survey of the condition of its 467 subway stations in 2012 showed more than one in four of all structural components were not in a satisfactory condition—known in the jargon as a “state of good repair” or SGR. This map reveals the condition of the components of all 467 subway stations.
Testimony
Housing
Testimony on the New York City Housing Authority and the City’s Preliminary Fiscal Year 2025 Budget
New York City Council Committee on Public Housing
March 12, 2024
Many critical steps should be taken quickly to stabilize NYCHA’s budget and improve physical conditions.
Report
City Budget
Don’t Step Off the Cliff
Fiscal Cliffs and Budget Gaps in New York City’s Fiscal Year 2025 Preliminary Budget
February 08, 2024
To balance the fiscal year 2025 budget while also ensuring projected spending fully supports all planned programs, the City should implement an additional PEG in the Executive Budget and shrink or eliminate programs that the available resources cannot fully support.
Report
Transportation
It’s Only Fair
Policies to Reduce Fare and Toll Evasion Are Critical to Transit Sustainability
April 02, 2024
In 2023, the cost to the MTA alone was more than $700 million, which evidence suggests is growing.
Blog
Transportation
Why We Should Go Slow on the Second Avenue Subway
November 03, 2015
Why delaying plans for the second phase of the Second Avenue subway is sensible.
Report
Energy & Environment
A Better Way to Pay for Solid Waste Management
February 05, 2015
This policy brief explores a new financing method for residential solid waste removal by the Department of Sanitation: a volume-based garbage fee. The four main benefits include: 1) service cost visibility, 2) waste reduction, 3) independent access to capital, and 4) fairness.
Blog
State Budget
The Back-loaded Impact of New York’s Fiscal Year 2013-14 Budget
May 08, 2013
Reviews NYS Enacted Budget for FY2014- $1.8 billion in annual spending by the final year of the financial plan were paid for with tax increases, non-recurring resources, and boosted revenue forecasts.
Special Feature
City Budget
Facts About the NYC Budget
2015
October 14, 2015
Facts about the NYC budget in 2015, focusing on recession risk and citywide savings plan.
Letter
State Budget
Publish Basic Financial Tables with Budget Agreement
A Letter to Governor Hochul, Senate Majority Leader Stewart-Cousins and Assembly Speaker Heastie
March 27, 2024
When the budget agreement is reached this year, we urge you to publish basic, multi-year financial plan tables along with the budget bills.
Report
Transportation
Sisyphus and Subway Stations
August 31, 2015
This brief examines why the subway stations of the Metropolitan Transportation Authority never reach a state of good repair and recommends how to address the challenge.
Letter
State Budget
Watchdog Groups Urge Legislators to Publish Basic Financial Tables with One-House Proposals
February 26, 2024
We urge Legislators to publish basic, multi-year financial plan tables with their proposals to for the Fiscal Year 2024 Enacted Budget.
Blog
State Budget
What to Look for in New York State’s Fiscal Year 2025 Executive Budget
January 11, 2024
With Governor Kathy Hochul having delivered her State of the State address and the Legislature convened, attention in Albany now turns to the Fiscal Year 2025 Executive Budget—due in just a few days.
Blog
City Budget
A PEG by Any Other Name Would Smell as Sweet
April 19, 2015
Mayor de Blasio voices heartfelt interest in finding ways to save money, but he does not want to call it a PEG or put such name in his plan, at least in part because of its identification with prior administrations.
Press Release
CBC News
CBC Releases "Don’t Step Off the Cliff"
February 08, 2024
CBC’s “Don’t Step Off the Cliff” reveals that fiscal year 2025 planned spending is $3.6 billion short of what would be needed to fund the current level of programs and expenses.
Report
Pensions & Benefits
Everybody’s Doing It
Health Insurance Premium-Sharing by Employees and Retirees in the Public and Private Sectors
January 27, 2013
This report analyzes New York City’s health premium policies for employees and retirees and suggests options to generate savings by implementing premium-sharing in the City's largest plans.
Blog
State Budget
Hits Outnumber Misses in the Governor’s FY 2016 Budget Proposal
January 26, 2015
The fiscal year 2016 Executive Budget worthwhile proposals that should not be overlooked in the wake of the Assembly leadership crisis. Nonetheless, some misguided elements should be eliminated or modified.