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Op Ed
City Budget
Issues Remain In Mayor de Blasio's New Budget
May 08, 2014
For months, the biggest fiscal uncertainty for the city has been how Mayor de Blasio would handle negotiations with the municipal unions that have been working without contracts.
Video
City Budget
Teacher Contract Agreement Clears Significant Hurdle
NY1
May 05, 2014
The tentative agreement between Mayor Bill de Blasio and the city's teachers union cleared a significant hurdle Friday, but some budget watchdogs are questioning whether a key provision of the deal, to cut health care costs, will actually work.
Op Ed
Pensions & Benefits
Doulis: City, Teachers’ Agreement Resolves Major Uncertainty Around City’s Financial Plan
April 30, 2014
The tentative agreement between the city and the teachers union resolves major uncertainty surrounding the city's financial plan and ensures some stability in labor relations with a major segment of the city workforce for the next five years.
Video
City Budget
NYC Budget Director Dean Fuleihan (2014)
CBC Breakfast Series
April 09, 2014
2014 Annual Budget Briefing with NYC Budget Director Dean Fuleihan.
Blog
Public Workforce
No Contract Does Not Mean No Raises
April 06, 2014
The fact that the entire unionized New York City municipal workforce is working under expired contracts is a big problem, but it does not mean that all municipal workers have gone without raises since their contracts expired.
Video
City Budget
De Blasio Talks Government Spending at Citizens Budget Commission Awards Dinner
NY1
March 26, 2014
Mayor Bill de Blasio talked about the budget, but gave few specifics, at the annual awards dinner of the Citizens Budget Commission.
City Budget
Panel Takes Closer Look at Mayor’s Budget Plan
NY1
February 19, 2014
Three top fiscal watchdogs, including CBC President Carol Kellermann, helped Inside City Hall take a deep dive into the details of Mayor de Blasio’s preliminary budget plan.
Statement
City Budget
Statement on Mayor de Blasio's Preliminary Budget for Fiscal Year 2015
February 12, 2014
The Preliminary Budget for Fiscal Year 2015 contains a double dose of good news: there is more money than had been anticipated, and it will be put to prudent use.
Op Ed
Economic Development
How to Make NYC Economic Development More Effective
January 26, 2014
The start of the new administration offers an important opportunity to review the city's economic development practices and assure that they foster growth by making business incentives more cost-effective and transparent.
Video
City Budget
New York City’s Budget Challenges
January 14, 2014
Maria Doulis, Director of City Studies, discussed the fiscal challenges facing newly elected Mayor Bill De Blasio with the Bond Buyer's Paul Burton.
Op Ed
City Budget
Where Mayor DeBlasio Can Find Some Real Money
January 06, 2014
It is likely that the Financial Plan Mayor de Blasio will release in February will significantly increase municipal spending beyond the amounts previously planned by the Bloomberg Administration.
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.
Video
Health Care
Dr. Alan Aviles, HHC President & CEO
CBC Breakfast Series
October 17, 2012
CBC Breakfast with HHC President and CEO Dr. Ram Raju in October 2012.
Blog
State Budget
How Sick Leave Can Be Bad for a Locality's Fiscal Health
(And Health Insurance May Be Even Worse)
July 01, 2012
“Excusable” borrowing appears now to be growing, extending to accrued sick leave and vacation days that are claimed by departing employees without money having been set aside to pay for them.
Video
City Budget
City Council Releases Member Items List
NY1
June 29, 2012
The City Council released its list of member items on Wednesday, which is a tiny slice of the budget but always sparks controversy.
Video
City Budget
Budget Breakdown Budget Process Could Be Discussion Topic In Mayor’s Race
NY1
June 26, 2012
The 2013 mayor's race is just starting to take shape. While the burgeoning field is busy staking out positions on the NYPD's stop-and-frisk policy and Mayor Bloomberg's push to ban the sale of large sugary drinks, it is possible that a debate over a decidedly more wonky issue - how the city crafts its annual budget - will surface among the candidates.
Blog
City Budget
Restoring City Priorities Along With Spending Cuts
June 21, 2012
The Mayor and City Council's “budget dance” focuses largely on child care slots and after-school programs, but should really be about the City’s overly generous contributions to the health insurance of former City employees and their spouses.
Video
City Budget
Budget Breakdown: Differing Budget Projections Based On Complex Revenue Forecasts
NY1
June 13, 2012
For the past five years, City Hall has cut from the budget because it says it can't afford those programs. Those cuts are based on complicated revenue forecasts done by City Hall and others.
Video
City Budget
CBC President Carol Kellermann Debates City Budget
NY1
June 11, 2012
CBC President Carol Kellermann debate current City budget negotiations with James Parrot, Deputy Executive Director and Chief Economist of the Fiscal Policy Institute on NY1's Inside City Hall.
Testimony
City Budget
Testimony on the NYC Executive Budget for FY2013
To NY City Council Committee on Finance
June 06, 2012
First, the Council should focus on structural changes to municipal finances that will make budgeting easier in future years. Second, the Council should phase out the unusual practice of reimbursing retired municipal workers for their Medicare Part B premiums.