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Blog
State Budget
Twice as Much as Advertised
New York State Spending Growth
February 06, 2018
Spending growth in the NYS Fiscal Year 2019 Executive Budget will be 4.1 percent - more than twice what was claimed when the budget was released.
Letter
State Budget
Increasing Annual funding to Authorities Budget Office to $3.105m
A Letter to NYS Leadership
February 02, 2018
CBC, Fiscal Policy Institute, New York Public Interest Research Group, and Reinvent Albany strongly support a substantial increase in annual funding to the Authorities Budget Office.
Video
Taxes
How Bad Is It? Implications of the Federal Tax Law for NY
Special Half-Day Conference
January 24, 2018
The federal tax overhaul passed last month may have enormous impacts in New York. What can we expect and what are the best responses?
Letter
Economic Development
Watchdog Groups: Freeze Business Subsidies Until Major Reforms Adopted
A Letter to the Governor and Legislative Leaders
January 18, 2018
The Governor should reject any new economic development and business subsidies until major anti-corruption and transparency reforms are put in place.
Statement
State Budget
Statement on NYS Executive Budget for FY2019
January 17, 2018
The overall approach is to use short-term fixes that do not address the long-term structural problem of spending outpacing revenues.
Op Ed
Economic Development
New York needs better return on economic investments
Albany Times Union
January 17, 2018
While upcoming corruption trials may provide a revealing behind the scenes look at state operations, they should not distract from the pressing need to reform the state's approach to economic development in this legislative session.
Video
State Budget
What to Expect in Gov. Cuomo’s State of the State Address
NY1
December 21, 2015
Governor Cuomo said he wants an additional mile-and-a-half of track built to create a rail link between La Guardia Airport and Willets Point in Queens.
Report
Economic Development
An Assessment of Performance Reporting by Regional Economic Development Councils
November 29, 2015
This brief assesses the performance of New York State's Regional Economic Development Councils over the past four years and offers recommendations for further improving data collected on projects and on the economic performance of the regions.
Video
Education
SUNY Chancellor Nancy Zimpher (2015)
CBC Breakfast Series
November 10, 2015
CBC Breakfast with SUNY Chancellor Nancy Zimpher
Letter
Pensions & Benefits
CBC Encourages Governor Cuomo to Veto Four Pension Sweeteners
July 13, 2015
This letter calls for vetoing four pension sweeteners (A7490/S3010, A6771A/S4907, A5327C/S3948B, and A7547/S5785) that would begin to undo savings from hard-won pension reforms.
Blog
State Budget
An Expensive Deal in Albany
June 28, 2015
The legislative package passed in Albany last week rejected some misguided and expensive proposals, including a tax credit for benefactors of private schools. Unfortunately, other expensive proposals were included, adding to current and future state expenses without providing offsetting savings or revenues.
Statement
State Budget
Statement on New York State End of Session Agreement
June 25, 2015
The resolution (albeit short term for some) of several issues of great importance to New York - 421a, rent regulation, the property tax cap, and mayoral control of schools - is welcome news. However, the last minute addition of large spending commitments is fiscally troubling.
Blog
Economic Development
Economic Development Bigger in State Budget, But Benefits Unclear
April 15, 2015
Since 2011 New York leaders have restrained growth in the state’s operating budget; in contrast, the scale and scope of questionable economic development programs continue to be expanded significantly. In 2014 state and local spending for these activities totaled $8 billion.
Blog
Education
New York State School Aid
A Big Increase, Badly Allocated Among Districts
April 08, 2015
The fiscal year 2016 state budget enacted last week includes a 6.0 percent increase in annual formula-based aid to school districts from $21.8 billion to $23.1 billion. This is the third consecutive year in which the Governor and the legislature have busted the statutory growth cap they agreed upon in 2011.
Blog
State Budget
New York’s $1 Billion Brownfield Cleanup Program
March 17, 2015
Overview of Brownfield Cleanup Program
Blog
Capital Spending
Don't Block Design-Build
March 15, 2015
New York State's trial with design-build has produced convincing results that merit permanently authorizing and extending design-build authority as a first key step in modernizing the State’s approach to public projects.
Blog
Pensions & Benefits
New York Should Stop Borrowing from its Pension Funds
February 25, 2015
Governor Andrew Cuomo’s Executive Budget for FY2016 proposes to borrow an additional $1.8 billion from public employee pension funds in coming years. This proposal adds to taxpayers’ long-run costs and risks weakening the fiscal condition of the funds.
Letter
State Budget
Recommendations on the FY 2016 Executive Budget
February 25, 2015
CBC's recommendations to the State legislature cover six proposals that deserve support, three proposals that should be improved, and three proposals that should be rejected.
Press Release
Economic Development
CBC Releases Report on NYS Economic Development Programs
Modest Reforms Have Been Adopted, But Most Investments Continue To Be Problematic
February 19, 2015
The report analyzes the changes in economic development spending from 2010 to 2014 and the extent to which problems previously identified have been constructively addressed.
Report
Economic Development
Bigger Not Better
New York’s Expanding Economic Development Programs
February 18, 2015
Although some modest reforms have been made, many economic development programs have grown significantly without the improvements needed to address widely noted shortcomings.