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Press Mention
City Budget
De Blasio finds $164M in NYC labor ‘savings’ by pushing union payouts to 2022
New York Post
October 29, 2020
While the mayor also touted the postponed DC37 payouts as “labor savings,” budget experts said that characterization is misleading.“You can’t pretend that delays save money,” said Andrew Rein, president of the independent Citizens Budget Commission.
“The city needs to restructure its finances to be stable. We have to find enough savings in this budget so that the money we collect can pay for the services we need,” he explained.
Rein said it was a mistake for de Blasio to rely on an uncertain federal bailout to solve the city’s cash crunch.
“Federal aid, we’re worthy of it. It’s welcome, we should get some. We don’t know when, We don’t know how much.
“Counting on it to solve all of our problems is a dangerous thing because it will take the pressure off doing what we need to do which is restructure the city’s finances so we can have a stable government that we can afford.
“If we don’t find those savings in the right way and in a recurring way that happens year after year, we’re just going to make our problems worse, not better,” Rein said.
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.
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.
Report
Housing
Rent and Ride
Affordability is About Both
January 13, 2020
While housing is the largest share of spending for most households, a more robust picture of affordability also should include transportation costs.
Report
City Budget
Reviving EMS
Restructuring Emergency Medical Services in New York City
November 25, 2018
The City of New York spends more than $1.1 billion annually in an effort to provide its residents and visitors this vital service, but the money is not used wisely.
Press Mention
Economic Development
CBC Report Assesses Amazon's Move to Empire State
Spectrum News
November 21, 2018
A new breakdown of the Amazon deal concludes that although the city's tech sector and tax revenue will reap considerable benefits, further analysis exposes glaring weaknesses in the the city and state's economic development policy
Report
Housing
Think Your Rent Is High?
Documenting New York City’s Severest Rent Burdens
October 11, 2018
Housing affordability is a perennial concern of New Yorkers and their elected officials, and the production and preservation of affordable housing is a key priority of the de Blasio Administration.
Report
City Budget
Short-term Goals for Long-term Debt
Time to Prioritize Reducing New York City’s Liabilities
September 18, 2018
Paying down the City's debts should be a greater priority.
Report
Taxes
Practical Policy in Challenging Circumstances:
How NYS and NYC Should Respond to the Tax Cuts and Jobs Act
March 18, 2018
Strategies to mitigate the federal tax law's threat to New York's competitiveness and New Yorkers' wallets.
Report
Pensions & Benefits
Union-Administered Benefit Funds
Getting More Out Of A Billion Dollar Taxpayer Contribution
February 08, 2018
NYC taxpayers are projected to contribute $1.1 billion to 108 union-administered benefit funds. Better management, oversight, and consolidation can create more than $160 million in savings for the City and improve benefits for members.
Press Mention
City Budget
New York's Wide Variables
The Bond Buyer
December 27, 2016
CBC's Maria Doulis joins a discussion of what effect the Donald Trump presidency would have on New York City.
Report
Taxes
New York City Property Taxes
3 Things Owners and Renters Should Know
December 22, 2016
Why do owners of the same type of property pay vastly different rates?
Press Mention
Pensions & Benefits
Taxpayers Will Foot the Multi-Million Dollar Bill to Make up for the Citys Sagging Pension Funds
NY1
December 07, 2016
The City is will send hundreds of millions of dollars to the pension fund after it has not met expected returns of 7% two years in-a-row.
Press Mention
City Budget
City Pensions Will Cost Taxpayers $722M Over Next 3 Years
November 18, 2016
Taxpayers must pick up a $722 million tab over the next three years to replenish the city’s cash-strapped municipal employee pension system.
Press Mention
City Budget
Brooklyn Bridge Repairs Expected to Cost $811M
November 11, 2016
“Big public projects take too long to complete and routinely run over budget,” said Maria Doulis, an analyst for the watchdog Citizens Budget Commission.
Press Mention
City Budget
Trash Complaints Rise Despite Sanitation Spending Spree
NBC New York
November 03, 2016
The city's Department of Sanitation has seen a 13 percent payroll increase under Mayor de Blasio, but New Yorkers have lodged 24 percent more 311 complaints about missed trash collection in that time, leading some residents to wonder if taxpayer money is being put to good use.
Report
Economic Development
New York City's Competitiveness in Attracting Talent
2016 Scorecard
September 28, 2016
How does the New York City metro area compare to other large cities in the competition for a talented workforce? Affordability and commute times remain challenges.
Report
City Budget
Where Is the Money Going?
Mayor de Blasio's Spending Priorities
June 03, 2016
This report analyzes spending growth under Mayor Bill de Blasio using the last financial plan prepared by Mayor Michael Bloomberg as a starting point. The analysis reveals the priorities of the de Blasio administration.