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Video
Housing
Carl Weisbrod, Director, Department of City Planning
CBC Breakfast Series
December 11, 2014
CBC Breakfast with City Planning Commissioner Carl Weisbrod in December 2014.
Blog
City Budget
An Insufficient Savings Plan
February 24, 2016
Mayor Bill de Blasio's FY2017 budget proposal increased city-funded spending by $2.7 billion and included a Citywide Savings Program, or CSP, it was small relative to the size of the budget and savings programs of past years and insufficient to meaningfully offset the cost of new initiatives or to boost reserves.
Blog
State Budget
The Rational Funding Plan for SUNY and CUNY Should Be Extended
March 21, 2016
Why reauthorizing a rational funding plan for the State University of New York (SUNY) and the City University of New York (CUNY) to raise tuition makes sense.
Blog
City Budget
What to Look for in the Mayor’s Executive Budget for Fiscal Year 2017
April 24, 2016
Asks 8 questions about the New York City Executive Budget for Fiscal Year 2017 relating to revenues, spending, Health + Hospitals, reserves, the Citywide Savings Plan, the State budget, and the capital commitment plan.
Blog
Transportation
Agency Focus: NYS DOT
Budget Analysis
September 28, 2014
Two major challenges face the New York State Department of Transportation: undertaking a comprehensive needs assessment and identifying resources needed to implement a capital plan.
Video
City Budget
Under the Hood with N.Y. City Budget
The Bond Buyer
July 27, 2016
Maria Doulis of the watchdog Citizens Budget Commission and Howard Cure of Evercore Wealth Management dissect New York City’s $82 billion budget with Bond Buyer Northeast regional editor Paul Burton. They explore efficiencies, debt management, reserves, the economy, the capital budget and Mayor Bill de Blasio’s plan to overhaul Health + Hospitals.
Report
City Budget
Where Is the Money Going?
Mayor de Blasio's Spending Priorities
June 03, 2016
This report analyzes spending growth under Mayor Bill de Blasio using the last financial plan prepared by Mayor Michael Bloomberg as a starting point. The analysis reveals the priorities of the de Blasio administration.
Blog
State Budget
Pluses Outweigh Minuses in Responsible, On-Time NYS Budget
April 03, 2012
What gets a thumbs up or a thumbs down in the Enacted State Budget for FY2013?
Report
Health Care
Fiscal Challenges Facing the New York City Health and Hospitals Corporation
November 06, 2014
HHC is crucial to all New Yorkers, providing care to more than one million patients annually. Despite HHC's importance, its fiscal condition is troubled. HHC's cash resources are being depleted; absent an aggressive gap-closing plan its cash reserves will be exhausted in fiscal year 2016.
Blog
City Budget
Agency Focus: DEP
Budget Analysis
September 21, 2014
Three entities govern New York City's water and sewer system: the Department of Environmental Protection operates and maintains the system; the New York City Municipal Water Finance Authority (WFA) borrows to finance capital investments; and the Water Board sets rates for customers to meet financing needs. Learn more.
Video
City Budget
De Blasio Preliminary Budget Accounts for Potential Economic Downturn
NY1
January 21, 2016
Mayor Bill de Blasio's $82 billion spending plan includes a host of new spending initiatives but no plans to boost the city's reserves.
Special Feature
City Budget
Facts About the NYC Budget
2016
June 01, 2016
Presents a snapshot of New York City's financial plan, including projections for tax revenues, expenses, headcount, debt service, and savings from the health savings agreement with the Municipal Labor Committee and the Citywide Savings Plan.
Blog
State Budget
The Challenge of Producing a $2 Billion Surplus
January 16, 2014
With school aid and Medicaid growing at annual rates at or above 4 percent, all other categories of spending, including agency operations, will face offsetting reductions to the plan if the net increase in overall state spending is to be kept to 2 percent.
Blog
City Budget
Why the Latest PEG Is Not Likely to Be the Last in NYC's Budget
December 05, 2012
This blog explains why a savings plan, known as the "PEG" is necessary in the Nov 2013 NYC budget modification, examines the savings, and offers broader perspective on the city's fiscal challenges.
Blog
City Budget
The Citywide Savings Program: Bolder Steps Needed to Make Government More Efficient
May 24, 2016
Mayor Bill de Blasio's latest Citywide Savings Program proposes multiyear savings of $5.4 billion compared to just $2.9 billion proposed in last year’s Executive Budget. The $5.4 billion represents 1.7 percent of city-funded spending over the financial plan period; this is in the range of savings in Mayor Michael Bloomberg’s plans for each of the last four years of his administration. While this may seem like a bold stride, the new CSP still falls short in the nature of its savings proposals.
Blog
State Budget
6 Things to Look for in New York State’s Mid-Year Budget Update
October 30, 2016
What are the important things to look out for in The Mid-Year Update to the FY 2017 Financial Plan? Coveres revenue projections, economic development, collective bargaining, medicaid, minimum wage, and budget gaps.
Report
Pensions & Benefits
The First Priority in the New Year – Pension Reform
January 10, 2012
This brief examines pension cost growth in New York State and its effect on the New York's competitiveness. It recommends the adoption of a new tier of pension plans known as the Tier VI Proposal.
Report
State Budget
Predicting the Peak, Preparing for the Trough
An Examination of the Impact of a Possible Recession on New York State
June 20, 2016
The impact of a possible recession could be as high as $59 billion, or 18.2 percent of tax revenues over four years.
Blog
Pensions & Benefits
An Expensive Pension Enhancement Bill is on the Move
June 08, 2014
About the bill to increase disability pension benefits for police officers hired after July 1, 2009, when a more financially sustainable “Tier III” plan went into effect.
Report
Health Care
A Troubling Prognosis for HHC's Finances
April 23, 2012
This report assesses New York City Health and Hospitals Corporation's (HHC) critical role within the health care safety net protecting lower income New Yorkers, and it explores two significant fiscal challenges in the coming years: threats to City-supported revenues and an inadequate gap-closing plan.