"...a group that has such a long and distinguished record in identifying and addressing crucial issues affecting the governments of the city and state of New York." Federal Reserve Chairman Ben S. Bernanke
The CBC today announced co-winners of its 2013 CBC Prize for Public Service Innovation – both environmental initiatives of the City of New York, created by the Mayor’s Office of Long-Term Planning and Sustainability.
The CBC presented its 2013 Corporate Leadership Award at its Annual Dinner last night to JetBlue Airways. The Award, presented annually, recognizes visionary companies whose actions help secure the economic future of New York.
The CBC today announced 19 new trustees have been elected over the past eight months. CBC’s trustees play an essential role in the work of the Commission, providing crucial support by, among other things, informing and guiding research.
The CBC today unveiled a free interactive tool – called the CBC Budget Navigator – created to enable members of the public to easily track the budgets of New York City and New York State governments.
The CBC today announced 11 new trustees have been elected over the past nine months. CBC’s trustees play an essential role in the work of the Commission, providing crucial support by, among other things, informing and guiding research.
Governor Andrew Cuomo and State legislative leaders are to be congratulated for agreeing on legislation that completes a State budget for fiscal year 2012-13 begun with action in December 2011.
Despite a concerted public relations campaign against the Governor’s pension reform proposal and rumors in recent days that major aspects would be abandoned, the bill that passed both houses of the State Legislature early this morning included important, beneficial changes in most components of the pension formulas that will determine benefits for future employees.
The $500 million CityTime settlement announced today is welcome news to New Yorkers. It is important that the recouped funds be used, not for short-term budget relief and restorations, but to help defray the costs of the City’s capital program.
The CBC presented its Corporate Leadership Award last night to Condé Nast and Google. The Award, a newly established CBC tradition, recognizes “visionary companies whose actions help secure the economic future of New York.”
The CBC today released a policy brief titled “The First Priority in the New Year – Pension Reform.” It compiles the latest financial data on the rising cost of pension obligations of government entities in New York State, including New York City, other localities and the MTA, and, in doing so, underscores the case for comprehensive pension reform to alleviate financial burdens statewide.