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Blog Taxes

Follow the Money

April 05, 2019
The NYS Adopted FY 2020 Budget directs three revenue sources to support the MTA. This blog clarifies what the revenue streams are and how they will flow to the lockbox.
Video State Budget

Finalizing Tax Proposals for the State Budget

March 28, 2019
NY1 looked at education, congestion pricing and criminal justice and taxes and the proposal for five year extension of the millionaire's tax, CBC President Andrew Rein joined to help unpack the proposed budget.
Blog State Budget

NYS Revenues in a Recession

March 19, 2019
New York State revenue weakness already looms over the fiscal year 2020 budget negotiations.
Blog Taxes

Pied-à-Terre Tax

March 13, 2019
The pied-à-terre tax is appealing politically because it is levied on wealthy people with means to pay and nonresidents who do not vote. Nevertheless, it is problematic for several reasons.
Blog Education

Funding a Sound Basic Education in 2020

March 07, 2019
Despite significant funding increases over the past decade, some districts in New York State still do not have the resources to provide a sound basic education.
Blog Health Care

Medicaid Supplemental Payments

February 15, 2019
New York State’s $78 billion Medicaid program includes $5.3 billion of “supplemental payments”. These supplemental payments are crucial to hospitals across the state, especially those largely serving uninsured and Medicaid populations.
Blog Transportation

Principles for Congestion Pricing

February 13, 2019
Motorists should pay a greater share of the costs of mass transit to offset the negative impacts of auto use. CBC recommends five principles to guide the crafting of a congestion pricing program
Blog State Budget

Clear Picture

January 29, 2019
State Operating Funds spending will grow by 3.4 percent in fiscal year 2020, the third straight year it has increased by more than 2 percent.
Video State Budget

State Budget Breakdown: Can Cuomo Fund All of His Mandates?

January 15, 2019
Maria Doulis, the Vice President of the Citizens Budget Commission, sat down with Errol Louis to break down Gov. Andrew Cuomo's budget address and discuss whether he will be able to get it all done.
Blog State Budget

Third Term, First Budget:

January 10, 2019
In this uncertain economic and fiscal environment, the Governor should follow this three-pronged strategy.
Blog State Budget

Hold Your Bets

September 05, 2018
State leaders should consider these four guidelines as they decide whether and how to expand sports betting in New York.
Blog State Budget

Reallocate Settlement Payments to Boost Rainy Day Funds

July 09, 2018
NYS has wom more than $11 billion in litigation settlements since FY 2014-2015. The spending of some of the settlement funds have more merit than others, but one major shortcoming is that none of the funds were allocated to boosting reserves.
Blog Pensions & Benefits

Bitter Truth

June 06, 2018
To date the New York State Legislature has introduced 138 bills in this session that enhance the benefits of state and local public employees. How much these bills could cost taxpayers is unknown.
Blog State Budget

The State Budget Cap Has Lost Its Meaning

May 29, 2018
Keeping with Albany tradition, the state's leaders adopted the budget on the final day of last fiscal year in the wee hours of the morning with little debate and no transparency, once again proclaiming the budget complies with a 2 percent growth cap.
Blog Pensions & Benefits

Four Egregious Benefit Enhancement Bills

May 18, 2018
The 135 active bills identified on the Citizens Budget Commission’s 2018 Benefit Sweetener Scorecard this session could cost the State and local governments at least $428 million.