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Statement
Taxes
CBC Convenes Special Committee to Focus on Federal Tax Cuts
December 21, 2017
The Special Committee consists of CBC trustees, civic leaders, and policy experts, and will identify the greatest impacts and options for appropriate state and local government action.
Statement
City Budget
Statement on the NYC November 2017 Financial Plan Modification
November 21, 2017
We await January's plan to indicate how the Administration intends to address potential storm clouds on the horizon and to fund new initiatives the Mayor has discussed.
Blog
City Budget
NYC Resident Feedback Survey: Issues Requiring More Attention from City Government
October 20, 2017
New Yorkers tell us what the biggest issues are requiring the attention of city government. Click to see how your neighbors responded.
Blog
Housing
Mapping the Mayor's Housing Plan
An Update
September 18, 2017
Following the release of data on fiscal year 2017 fourth quarter housing starts, the CBC has updated its map of housing developments created or preserved under New York City’s Housing New York Plan.
Blog
City Budget
Data Before Dollars
Are Child Welfare Preventive Services Worth the Investment?
August 22, 2017
ACS’s current reporting is insufficient to determine whether preventive services are meeting their goals; further investment should be contingent upon a more thorough public reporting on outcomes.
Op Ed
City Budget
How Queens Residents Rate City Services And Quality Of Life
August 11, 2017
The Citizens Budget Commission recently released the results of a citywide survey of residents’ satisfaction with municipal services and the quality of life in their neighborhoods and across the city.
Statement
Transportation
Statement on the Mayor’s Proposal to Raise Revenue for the MTA
through an Increase in the NYC Personal Income Tax
August 07, 2017
Mayor de Blasio’s proposal to raise the top rate on the personal income tax is not an appropriate way to raise funds.
Press Mention
City Budget
The Best and Worst New York Neighborhoods for Subway Service, Rat Control and 42 Other Joys of Urban Life
June 30, 2017
The New York Times uses CBC's survey data to create an interactive data feature showing what New Yorkers think of city services and quality of life in each of the 59 community districts.
Blog
City Budget
Mixed Marks on NYC Adopted FY2018 Budget
June 13, 2017
Boosts to reserves accompanied by more spending and headcount.
Op Ed
City Budget
Inside New Yorkers’ Satisfaction, or Lack Thereof, with City Services
June 01, 2017
New Yorkers are notoriously opinionated, but how often do they get to tell city leaders what they think?
Blog
City Budget
The Citywide Savings Program: OMB is Leading and Agencies Should Follow
May 31, 2017
NYC agencies should develop meaningful efforts to streamline operations and improve productivity.
Op Ed
City Budget
End de Blasio’s giveaway to bus companies
May 09, 2017
The program was bad policy from the outset-- and was extended for a third year. The City Council should defund it when the budget is adopted.
Press Mention
City Budget
De Blasio Unveils Nearly $85 Billion Budget Proposal
April 27, 2017
It's often said that budgets are statements of priorities. So what does Mayor Bill de Blasio's budget say as he seeks a second term in office?
Statement
City Budget
Statement on the Mayor's Executive Budget for FY 2018
April 26, 2017
Despite reductions in the tax revenue forecast and minor reductions in State aid, the Budget adds more than $700 million in new agency needs in fiscal year 2018.
Statement
Taxes
Statement on Property Tax Lawsuit
April 25, 2017
A judicial review based on objective evidence presented in a public forum can be a catalyst for constructive change of the seriously flawed NYC property tax.
Press Mention
Taxes
NYC property taxes favor rich and white homeowners, lawsuit claims
April 24, 2017
A coalition called Tax Equity Now NY, which includes the NAACP, the Black Institute, several landlords and homeowners, has teamed up with lawyers from the firm Latham & Watkins, including former Chief Judge Jonathan Lippmann, to file a class-action suit this week charging that the DNA of the city’s property tax system is racially biased and favors the affluent over the working- and middle-class.
Op Ed
Transportation
Funding Fares Should Be the City's Responsiblity
April 02, 2017
If the mayor supports the policy, it should be a priority that is accommodated within the city’s financial plan.
Press Mention
City Budget
City Girds for Major Federal Cuts Under Trump Budget, Health Plan
March 20, 2017
Mr. Niblack’s comments came in response to a question from ABNY panel moderator Maria Doulis, vice president of the Citizens Budget Commission. “There are certainly risks on the Federal side” in terms of budget cuts, she said, but “there is also this question mark about the economy.”She continued, “The monitors released their reports of the city plan and they find the economic growth, at least in terms of jobs being added, is slowing. This is also the first time in an expansionary period that I remember seeing non-property tax revenues, which are more economically sensitive, be essentially flat” for the current fiscal year and the next.”
Blog
City Budget
Can Taxi Medallions Still Be a Billion Dollar Budget Booster?
March 02, 2017
The City of New York expects to generate $1.2 billion in revenue from the sale of new taxi medallions from fiscal years 2019 to 2023; however, increased competition from ride-sharing services has resulted in a significant decrease in the value of medallions. The City should adjust its budget assumptions to reflect this situation, with the most prudent action being removing this revenue from its financial plan until the industry stabilizes.
Press Mention
City Budget
Budget Watchdog Warns de Blasio on Taxi Medallion Money
WNYC Radio
March 02, 2017
It's not news that taxi medallions, which were once valued at over a million dollars, have plunged in value to less than half that. Yet Mayor Bill de Blasio's latest budget includes $1.2 billion in revenue from the sale of new medallions — which one watchdog says is unrealistic.