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Op Ed
City Budget
A Big Budget Briefing for Eric Adams
New York Daily News
November 16, 2021
Upon getting elected, Mayor-elect Eric Adams vowed to “get stuff done.” Adams’ focus on delivering core services and managing the budget is exactly right.
Report
City Budget
Getting the Basics Right
Fiscal, Managerial, and Policy Priorities for Recovery, Stability and Prosperity
November 08, 2021
To ensure that New York recovers, stabilizes, and ultimately thrives, the incoming Administration should set and implement fiscal, managerial, and policy priorities that will boost the city’s economy and competitiveness, and provide the services and opportunities necessary for New Yorkers to flourish.
Special Feature
City Budget
Jobs Recovery Sluggish
The COVID-19 Recession is Different
November 04, 2021
NYC private-sector employment data show how the City’s economy has grown and changed since the 1990s and provide significant insight into how the City is faring during the COVID-19 pandemic and recession. CBC will be updating the figures and data quarterly to track the City’s recovery.
Report
Energy & Environment
Balancing Incentives to Maximize Emission Reduction
Recommendations on Local Law 97 Implementation
August 26, 2021
To meet LL97’s emissions reductions goals most cost-effectively, DOB, in consultation with the advisory board, should tailor the policy and compliance rules to provide building owners the most cost-effective compliance paths.
Special Feature
City Budget
5 Year Pocket Summary
Fiscal Year 2021-2022, 74th Edition
June 28, 2021
The Pocket Summary features a five-year snapshot of economic and fiscal data of New York City and New York State.
Letter
City Budget
Prominent Business & Civic Leaders Call For More Strategic Use of Federal Aid in City Budget
June 16, 2021
Fund allocations should prioritize sectors and communities most damaged during COVID-19.
Report
City Budget
Federal Aid Now, Fiscal Cliffs Later
The Missed Opportunity for NYC Budget Stability
May 24, 2021
Greater detail is needed to address these shortcomings and facilitate the transparency and accountability that should accompany this historic level of resources and the opportunity they provide.
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
Fed aid is a bridge; stable shore needed: American Rescue Plan good for NYC only if used prudently
New York Daily News
March 13, 2021
The American Rescue Plan will not only provide tremendous support to individuals, families, businesses and organizations, but can be a game-changer for New York state and city government. Success, however, is far from guaranteed.
Special Feature
Capital Spending
NYC Debt Outstanding
Fiscal Years 2002-2020
December 28, 2020
New York City debt outstanding grew to $125 billion—84 percent since 2005.
Op Ed
City Budget
It’s Time to Fix New York’s Dysfunctional Construction Regulations
Crain’s New York Business
October 02, 2020
There is no better way to rebound from the economic and social damage inflicted by the Covid-19 pandemic than to seize the opportunity to address some of New York City’s most intractable challenges.
Op Ed
City Budget
A Budget Battle Plan for NYC
New York Daily News
September 16, 2020
Ensuring the city’s finances are well managed is more important than ever.
Report
Public Workforce
How to Make $1 Billion in Labor Savings Real & Recurring
September 02, 2020
As the City faces the worst fiscal crisis in generations, municipal workers are also facing the dire prospect of layoffs.
Report
Housing
Strategies to Boost Housing Production in the New York City Metropolitan Area
August 26, 2020
Building more housing for every type of household can help make the New York region more affordable and competitive for generations to come.
Report
City Budget
Hard Choices That Can Balance New York City's Budget
June 10, 2020
By making the right hard choices the City can balance the budget without resorting to long-term borrowing, layoffs, service cuts, or tax increases.
Letter
City Budget
CBC Urges Governor to Approve RDF Bill with Chapter Amendment
A Letter to the Governor
June 05, 2020
CBC has championed the creation of a well-designed RDF for NYC; however, this bill should not become law as currently drafted.
Letter
State Budget
CBC Strongly Urges Amendment of Rainy Day Fund Bill
A Letter to State Legislative Leaders
May 26, 2020
CBC has championed the creation of a well-designed RDF for NYC; however, this bill fails to place essential restrictions on the use of the RDF, and should be amended to add those restrictions.
Letter
City Budget
CBC Urges State Legislative Leaders to Reject Borrowing Bill for NYC
May 26, 2020
The Legislature should reject the bill to permit NYC to issue long-term debt to pay for operating expense related to the COVID-19 pandemic.
Report
State Budget
A Framework for Hard Choices
Choosing Among Options to Address New York’s State and Local Fiscal Stress
May 22, 2020
This policy brief identifies and assesses options available to governments to deal with their fiscal problems.
Special Feature
City Budget
Spare Change
Citywide Savings Plan Should Include Greater Efficiency Savings
March 09, 2020
Budget savings from greater efficiency in City government amount to spare change.