"While Mayors, Governors, and other leaders come and go over time, CBC is an ever-present organization that presents a consistent and vital message that is so important for the state and the city." NYS Department of Financial Services Superintendent Ben Lawsky
The City Council should reject proposed legislation that would provide grants to pay higher wages and benefits to certain school transportation service employees than those required by the City's contracts with the private bus companies that employ them.
The third in a series on affordable housing in New York City, this policy brief considers combined housing and transportation costs relative to income for a variety of housing types. It finds that New York City is generally affordable for moderate- and middle-income households. Affordability for low-income households, however, remains a challenge.
The second in a series on affordable housing in New York City, this policy brief explores how low transportation costs and high income make New York City relatively affordable when compared to other large cities in the United States.
Last week, New York City Comptroller Scott Stringer issued a report introducing an important new tool: ClaimStat. The innovation is a data-based method for analyzing judgments and claims against the City of New York in order to identify ways to reduce their cost.
Last week, as the MTA board approved a budget that funded a generous contract for LIRR workers, the GAO released a report indicating the federal agency administering disability pensions for those workers had not done enough to prevent a repeat of a widespread fraud scheme by LIRR employees uncovered in 2008.
The Citizens Budget Commission (CBC) today announced the appointment of Michael Dardia, former Deputy Director of the City of New York’s Office of Management and Budget, as the Commission’s Co-Research Director.
New York State will soon receive more than $4 billion in settlements from large financial institutions. It is an unprecedented windfall, coming from wrongdoing by banks, and it is rightly generating public discussion about what to do with the money.