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Report
Transportation
Taxis, Taxes, and the MTA Funding Gap
August 25, 2015
This policy brief suggests alternatives for taxes on services regulated by New York City’s Taxi and Limousine Commission as a potential source of filling the gap in the MTA's proposed 2015-2019 capital plan.
Report
Transportation
Recessions and Revenues
The Case of the MTA
December 16, 2015
This policy brief considers the implications of a recession for the Metropolitan Transportation Authority’s (MTA) current financial plan.
Blog
Taxes
Follow the Money
The MTA’s New Revenues
April 05, 2019
The NYS Adopted FY 2020 Budget directs three revenue sources to support the MTA. This blog clarifies what the revenue streams are and how they will flow to the lockbox.
Report
Public Workforce
Reform at the Bargaining Table
Labor’s Participation Needed to Improve the MTA’s Financial Outlook
April 30, 2019
The MTA's fiscal outlook is dire, and improving it requires a multipronged approach. Paramount in the effort is slowing the growth of labor costs.
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
Economic Development
Raising the REDC Bar
December 17, 2019
This report assesses REDC design and implementation based on best practices identified through case studies of successful local revitalization efforts in the U.S.
Blog
Pensions & Benefits
Big Decisions Before Albany Do Not Deter Sweeteners
June 09, 2015
Tracking bills enhancing benefits for public employees introduced in the 2015 Legislative Session
Blog
Taxes
Pied-à-Terre Tax
Appealing but Problematic
March 13, 2019
The pied-à-terre tax is appealing politically because it is levied on wealthy people with means to pay and nonresidents who do not vote. Nevertheless, it is problematic for several reasons.
Report
Economic Development
10 Billion Reasons to Rethink Economic Development in New York
February 11, 2019
This policy brief updates the Citizens Budget Commission's previous analyses of the cost of New York's state and local economic development programs.
Blog
Economic Development
Economic Development Bigger in State Budget, But Benefits Unclear
April 15, 2015
Since 2011 New York leaders have restrained growth in the state’s operating budget; in contrast, the scale and scope of questionable economic development programs continue to be expanded significantly. In 2014 state and local spending for these activities totaled $8 billion.
Press Release
Education
CBC Identifies Strategies to Significantly Reduce Public School Crowding and Save $2.4 Billion
July 10, 2019
CBC released a comprehensive report demonstrating how administrative solutions can reduce school crowding.
Special Feature
City Budget
Facts About The NYC Budget
2019
May 13, 2019
A snapshot of NYC's budget, including projections for spending, headcount, savings, liabilities, and revenue shortfalls in case of a recession.
Report
Economic Development
Bigger Not Better
New York’s Expanding Economic Development Programs
February 18, 2015
Although some modest reforms have been made, many economic development programs have grown significantly without the improvements needed to address widely noted shortcomings.
Report
Economic Development
An Assessment of Performance Reporting by Regional Economic Development Councils
November 29, 2015
This brief assesses the performance of New York State's Regional Economic Development Councils over the past four years and offers recommendations for further improving data collected on projects and on the economic performance of the regions.
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?
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.
Blog
Taxes
Personal Income Tax Revenues in New York State and City
August 13, 2019
PIT revenues are a significant - and volatile - part of State and City budgets.
Blog
City Budget
NYC Revenues in a Recession
Quantifying the Potential Shortfall
February 26, 2019
The potential shortfall from a recession comparable to the last two recessions could be substantial: between $15 billion and $20 billion below projections over three years.
Testimony
Economic Development
Testimony on Industrial Development Agencies and Local Development Corporations
November 22, 2019
CBC has long advocated for increasing accountability and improving the performance of all entities engaged in economic development spending.
Blog
Education
Funding a Sound Basic Education in 2020
March 07, 2019
Despite significant funding increases over the past decade, some districts in New York State still do not have the resources to provide a sound basic education.