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Statement
State Budget
Statement on the NYS FY2018 Adopted Budget
April 10, 2017
Despite fears of substantial cuts in federal aid, the nine-day tardy adopted budget includes excessive spending without needed reforms.
Blog
Taxes
How Much to Bank on? When it Comes to Revenue Forecasting, Better Safe Than Sorry
April 12, 2015
What kind of impact could a recession have on New York City's revenues?
Press Release
Capital Spending
CBC Issues Report Estimating Mario M. Cuomo Bridge Toll Will Double
October 13, 2017
In order to fully fund the cost of construction, CBC estimates that the toll will need to increase to approximately $10.
Report
Transportation
Righting the Ship
A Course Toward Fiscal Sustainability for the Region's Maritime Ports
January 12, 2015
This report analyzes the fiscal condition and outlook at the Port Authority's maritime ports, known as Port Commerce, and recommends strategies to place the business line on a course toward fiscal sustainability.
Report
State Budget
Public Authorities in New York State
April 03, 2006
New York State’s extensive reliance on authorities has given rise to four significant problems: 1) Misuse of the power to incur debt; 2) Insufficient oversight and coordination of project revenue backed and private conduit borrowing; 3) Insufficient reporting to support accountability; and 4) Insufficient independence in governance. Each problem is explained more fully in this report, along with five strategies to address them.
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.
Report
Economic Development
New York City's Competitiveness in Attracting Talent
2016 Scorecard
September 28, 2016
How does the New York City metro area compare to other large cities in the competition for a talented workforce? Affordability and commute times remain challenges.
Video
Capital Spending
DASNY President & CEO Dr. Gerrard Bushell
CBC Breakfast Series
September 22, 2016
CBC Breakfast with DASNY President & CEO Dr. Gerrard Bushell in September 2016.
Report
Economic Development
Increasing Without Evidence
NYS Economic Development Spending Update
September 26, 2016
This report tracks growth in NYS' economic development programs between 2010 and 2014. Little progress has been made on improving transparency and demonstrating effectiveness.
Blog
Capital Spending
Agency Focus: DASNY
Budget Analysis
August 01, 2016
The Dormitory Authority of the State of New York (DASNY) manages construction of buildings and provides low-cost financing for public and nonprofit institutions.
Video
Capital Spending
The Trouble with Megaprojects
Tony Guida's NY: Maria Doulis
June 01, 2016
Tony Guida sits down with the CBC's Vice President, Maria Doulis, to discuss why New York City's mega-projects run over budget and how the public sector can build better.
Blog
City Budget
The “20-20-20-20” Dilemma: Legacy Costs in the New York City Budget
July 22, 2016
A giant slice of the New York City budget pays for costs that are the legacy of commitments made in the past: debt service, pensions, and retiree health insurance. These legacy costs already exceed 20 percent of the budget and will expand by 20 percent to more than $20 billion in annual spending by fiscal year 2020.
Blog
Housing
The Cost of Affordable Housing
December 15, 2015
How much does it take to build in NYC?
Video
State Budget
Predicting the 2018 fiscal forecast
Spectrum News
December 19, 2017
The state faces significant fiscal challenges in the coming year amid changes on the federal level. In 2018 the state is estimated to have a budget deficit of as much as $4.6 billion.
Video
Economic Development
Seeking Clean State Contracting
May 11, 2017
CBC's Director of State Studies David Friedfel joins Liz Benjamin and other good government groups to discuss needed reforms.
Blog
Capital Spending
Don't Block Design-Build
March 15, 2015
New York State's trial with design-build has produced convincing results that merit permanently authorizing and extending design-build authority as a first key step in modernizing the State’s approach to public projects.
Video
Energy & Environment
John Rhodes, Chair of the Public Service Commission
A CBC Breakfast Series
October 26, 2017
CBC Breakfast conversation with John Rhodes, Chair of the Public Service Commission
Report
Economic Development
Opaque and Duplicative
Local Economic Development in New York State
October 30, 2017
Industrial Development Agencies (IDAs) and Local Development Corporations (LDCs) should be consolidated at the regional level and their reporting requirements strengthened.
Report
Education
Striking a Balance
Financing Education Reform in the Most Heavily-Taxed State
November 01, 2006
Following up on its previous research on the issues surrounding the State Court’s decision in the Campaign for Fiscal Equity case, CBC hosted two expert panel discussions focusing on key issues in education finance reform. This brief recounts the proceedings from the second of those discussions, which took place on April 27, 2006. The discussion focused on responsibly generating revenues to fund the Court’s mandate, thinking about other changes needed to accomplish reform, and developing the role of the business community in seeing reform across the finish line.
Report
Capital Spending
Bridging the Financial Gap
Funding the Governor Mario M. Cuomo Bridge
October 12, 2017
Tolls for the new Governor Mario M. Cuomo Bridge have not been released yet, but based on construction costs, CBC estimates it will be approximately $10 for cars, double the current rate.