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Report
Capital Spending
Three Key Steps for Improving New York State’s New Statewide Capital Plan
September 25, 2013
This brief assesses New York State’s first-ever 10-year capital plan released in June 2013 by the New York Works Task Force. It offers steps to more effectively and strategically allocate State capital investment funding.
Report
Capital Spending
Planning After PLANYC: A Framework for Developing New York City's Next Ten-Year Capital Strategy
The Most Important Economic and Fiscal Decisions Facing the Next Mayor
December 06, 2013
This report reviews capital planning and spending during Mayor Bloomberg’s tenure in order to suggest principles that can guide the development of a new long-term capital plan and financing strategy.
Video
Capital Spending
Capital and Debt Panel
The Most Important Economic and Fiscal Decisions Facing the Next Mayor Conference
December 06, 2013
The next mayor will be constrained by a high debt burden that will require restraining capital spending. What principles should the next administration use to devise a long-term capital plan?
Video
City Budget
Assessing NYC’s Competitiveness as a Home for Human Capital
A Panel Discussion
February 07, 2013
This expert panel discussed the findings of the 2013 Competitiveness scorecard, which assessed the New York City metropolitan area’s competitiveness in attracting, cultivating and retaining talent.
Report
Economic Development
Competitiveness Scorecard
Assessing NYC's Competitiveness as a Home for Human Capital
February 06, 2013
This scorecard assesses the New York City metropolitan area’s competitiveness in attracting, cultivating and retaining talent. The scorecard is based on the relative performance of the New York City metro area against 14 of the largest domestic metro areas on a comprehensive set of quantitative indicators.
Report
Transportation
Swimming in Subsidies
The High Cost of NYC Ferry
March 28, 2019
NYC Ferry serves more than 4 million passengers at a high level of operating subsidy: $10.73 per ride, 10 times that of the New York City Transit.
Report
Education
Cut Costs, Not Ribbons
Alternatives That Reduce School Crowding
July 09, 2019
Administrative solutions can reduce school crowding and limit the need to build expensive new school buildings.
Report
Transportation
Building a Sound Fiscal Future for New York's Highway and Mass Transit Systems
March 19, 2019
Options for raising sufficient funds for roads and transit statewide include increasing tolls and fees, enacting congestion pricing, and implementing a vehicle-miles traveled (VMT) fee.
Report
Energy & Environment
Getting Greener
Cost-Effective Options for Achieving New York State's Greenhouse Gas Goals
December 09, 2019
While GHG emissions have risen in other large states like Texas and Florida, New York has been a leader in reducing GHG emissions; the continued focus on getting greener through further emissions reductions is necessary and important.
Report
Pensions & Benefits
Six-Figure Civil Servants
Average Compensation Cost Of New York City Public Employees
January 08, 2009
In fiscal year 2008, the average compensation cost per New York City full-time employee was $106,743; this figure represents a system out of sync with the private sector and an opportunity to limit the growth of the City’s liability in the future while continuing to provide fair and adequate compensation to the City’s employees. Three factors that have driven the growth in compensation among City employees are: 1) Pay increases are directly attributable to contract settlements with unions; 2) More generous terms of the health insurance benefits offered by the City, as compared to the private sector and other state and local governments; and 3) The benefit retirement plans offered by the City that lock in the City’s future payouts to retirees based on the employee’s pay, years of employment and age at retirement among other factors. CBC offers three recommendations in response to these factors.
Report
City Budget
To Weather a Storm
Create an NYC Rainy Day Fund
April 18, 2019
A well-funded and structured Rainy Day Fund (RDF) would help New York City weather future recessions.
Report
Economic Development
Opportunity Zones In New York State and City
August 20, 2019
The Opportunity Zone program may amount to significant losses for both NYS and NYC before rising substantially in 2029.
Report
City Budget
9 Things New Yorkers Should Know About How New York City Buys Stuff
February 21, 2019
CBC's new report outlines nine critical things New Yorkers should know about procurement and makes four recommendations that could generate savings for the City.
Video
Economic Development
Economic Development Panel
The Most Important Economic and Fiscal Decisions Facing the Next Mayor
December 06, 2013
This presentation and panel discuss economic development in New York City since 2000, with a focus on the City's relative economic performance, the broad range of activities of the Economic Development Corporation, and the effectiveness of development strategies.
Video
City Budget
Expenses Panel
The Most Important Economic and Fiscal Decisions Facing the Next Mayor Conference
December 06, 2013
This presentation focused on options for curbing expenditures without harming the quality of local public services. Panelists discussed these options and presented other ideas for most cost-effective public services.
Video
City Budget
Tax Revenue Panel
The Most Important Economic and Fiscal Decisions Facing the Next Mayor
December 06, 2013
This panel discusses options to reform and increase the property tax; and the impact of tax levels on residential and business location decisions.
Report
City Budget
$1.1 Billion in NYC Public Leases
Better Management Needed to Control Rising Costs
August 27, 2019
NYC spent more than $1.1 billion to lease space for public facilities and offices—an amount that has grown 40 percent since fiscal year 2014.
Video
Pensions & Benefits
Deputy Mayor Caswell Holloway
CBC Breakfast Series
April 17, 2013
CBC Breakfast with NYC Deputy Mayor Caswell Holloway in April 2013.
Report
Health Care
A New Approach to Funding New York City Health + Hospitals
December 16, 2019
This report analyzes the system’s finances, compares H+H to other providers in the City, and outlines options to right-size the City subsidy and improve H+H's fiscal future.
Report
Taxes
Options for Property Tax Reform: Equitable Revenue Raising Reforms for NYC's Property Tax
The Most Important Economic and Fiscal Decisions Facing the Next Mayor
December 05, 2013
The purpose of this report is to describe three options for increasing property tax revenues. The first of these options maintains status quo inequities; in contrast, the other two address some major problems with fairness and efficiency that characterize current policy.