Episode 29 - $88.7 billion

February 02, 2018
$88.7 billion is the NYC Preliminary Budget for Fiscal Year 2019, released yesterday by Mayor Bill de Blasio. City-funded expenditures are up 4.3 percent over fiscal year 2018. Wall Street Journal City Hall reporter Mara Gay joined WT[D]P to wade into the preliminary budget's details.

Episode 28 - $14.3 billion

January 25, 2018
New York taxpayers could lose as much as $14.3 billion in federal tax deductions because of the capping of the state and local tax deduction in the new federal tax law. State Budget Director Robert Mujica and New York City First Deputy Mayor Dean Fuleihan discuss the potential impact and possible responses at a special conference event.

Episode 27 - $168.2 billion

January 18, 2018
What's in the $168 Billion NYS Executive Budget for Fiscal Year 2018-2019? David Friedfel explains.

Episode 26 - $3.2 billion

January 12, 2018
NYCEDC President and CEO James Patchett joins the podcast to discuss the City's development strategy, tax breaks, NYC Ferry and the BQX project.

Episode 24 - 2.7%

December 20, 2017
2.7% is the 2018 economic growth forecast in the Port Authority region. PA Chief Economist Alex Heil discusses economic and transportation trends impacting the Authority's bottom line.

Episode 22 - 10 Years

December 06, 2017
10 years is the amount of time the de Blasio administration says it will take to shut down Rikers Island.

Michael Jacobson is the Executive Director of the CUNY Institute for State and Local Governance. Once New York City's Correction Commissioner, he is a member of the Lippman Commission, convened by the City Council to solve the crisis at Rikers. Michael joined the podcast to discuss the Commission's findings--namely to close Rikers and move the inmates to facilities near courthouses and civic centers throughout the boroughs.

Episode 21 - $26 billion

November 30, 2017
$26 billion is the amount of property taxes New York City will collect this fiscal year. It is the largest single source of revenue funding NYC government. Martha Stark, a former Commissioner of the Department of Finance, joined the podcast to discuss the complexities of the system for valuing and taxing real property and why reform is badly needed.

Episode 20 - 44 days

November 16, 2017
44 is the number of days left in Council Member Garodnick’s tenure, which is coming to an end after 12 years due to term limits. Council Member Garodnick has been a voice of reason in the City Council, having raised important questions about the city budget, economic development, and contracts. He chairs the City Council’s Committee on Economic Development, is on the budget negotiating team, and in his final months has been fighting to pass reform of the commercial rent tax.

Episode 19 - $67 Billion

November 09, 2017
$67 billion is the amount of state and local taxes New York State residents deduct from their federal tax returns each year. Known as SALT, this deduction is the topic of intense debate in Washington. Congressional leadership proposes to eliminate or cap SALT in order to offset the cost of corporate and other tax cuts.

Special guest Jay Kriegel, Senior Advisor at Related Companies, is a New York communications and strategic advisor who has been involved in a number of major New York political and policy initiatives. In 1986, Jay led a national coalition that thwarted an attempt to eliminate the SALT deduction, and today he has taken a leadership role in the coalition to protect it.

Episode 18 - 348 and 74

November 02, 2017
The data points are 348 and 74.

348 is the number of Local Development Corporations and Industrial Development Agencies in NYS. These corporations made $16.2 billion in economic development investments from 2011 through 2015, yet only 5 of the state's 62 counties have had job growth higher than the national average. For this half of the podcast WTDP is joined with CBC Research Associate, Riley Edwards, author of the recent report: "Opaque and Duplicative - Local Economic Development in New York State."

74 is the number of Business Improvement Districts in NYC. CBC's report "BIDS - Organization, Oversight, and Transparency" describes the history and nature of these organizations, what services they provide, and whether property owners are getting their money's worth. WTDP is joined by CBC's Director of Research, Tim Sullivan, to explain.