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Blog
Economic Development
Complement, Don't Duplicate
Targeting NYC Small Business Recovery Programs
June 21, 2021
It is critically important for the City to identify potential gaps first by determining which businesses are eligible for which existing programs and whether those programs reasonably meet their needs.
Blog
City Budget
Spending In Perspective
NYC FY 2024 Executive Budget
May 23, 2023
While proposed fiscal year 2024 City funds spending declines 2.2 percent from what is currently projected for fiscal year 2023, it is 7.5 percent higher than fiscal year 2022.
Op Ed
Public Workforce
Early Retirement Incentives for City Workers Is Foolhardy and Expensive
Crain’s New York Business
April 15, 2021
New York state has just authorized New York City to offer most civilian employees an incentive to retire early. The city should flatly reject this opportunity.
Op Ed
City Budget
What de Blasio, City Council should do with $800 million
Crain’s New York Business
May 22, 2019
While de Blasio and Council Speaker Corey Johnson have both stressed the importance of preparing for an eventual economic downturn, the mayor's proposal falls short of what's needed.
Op Ed
City Budget
The Rainy Day Fund New York Needs
The Gotham Gazette
June 10, 2019
Most New Yorkers are unaware they will have the opportunity this fall to vote to dramatically change their city government.
Blog
City Budget
FY2021 Agency Budget Realities
Increases vs. Decreases in City-Funded Spending
September 22, 2020
The City will likely need to implement additional savings programs in fiscal year 2021, as well as to identify savings to close the $4.2 billion gap in fiscal year 2022.
Blog
Pensions & Benefits
What is OPEB and Why Does it Cost $9.4 Billion?
December 05, 2010
The true cost of retiree health insurance and "other postemployment benefits," or OPEB, was $9.4 billion in fiscal year 2010. Why it cost so much and what should be done about it.
Blog
Education
Absent Teacher Reserve Costs $136 Million and Needs Reform
June 14, 2018
Teachers in the Absentee Teacher Reserve (ATR) will cost the City $136 million in this school year. The City should pursue reforms to the ATR, such as a 6-month time limit, in upcoming labor negotiations with the UFT.
Blog
City Budget
How Much Is Enough?
Accounting for the Growth in Homeless Services
February 21, 2017
Spending for homeless services has increased by $1 billion.
Blog
City Budget
Reduction in Uniformed Overtime Is Still Needed
July 12, 2018
Without workrule changes the City’s uniformed overtime caps are unlikely to be successful. In fact, several agencis have already exceeded their FY 2018 caps.
Blog
City Budget
18,000 Vacant City Jobs Is More Than Enough
Vacancy Reduction Should Not Impede Hiring; How NYC Manages Will
March 30, 2022
Any staffing issues are the result of management, system, and labor market challenges, not a shortage of available positions