What NY Should Do With $4B

Jul 24, 2014
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.

Five Benefit Sweeteners Pass in State Legislature

Jun 20, 2014
Five bills on CBC’s Benefit Sweetener Scorecard have passed both houses of the State Legislature. These bills are highlighted in red on the Scorecard.

Benefit Sweeteners on the Move in State Legislature

Jun 16, 2014
Last week five bills on CBC’s Benefit Sweetener Scorecard passed one house of the State Legislature. The most expensive bill (A7862/S5644) was passed in the Senate and would increase pension benefits for SUNY police officers to half-pay after 25 years.

The Challenge of Staying Under the 2 Percent State Spending Cap

May 20, 2014
New York State’s leaders deserve credit for keeping state-financed budget growth below a self-imposed 2 percent spending cap since fiscal year 2011, a sharp departure from historical norms. The discipline has markedly improved the State’s fiscal condition and spurred key reforms in Medicaid and State operations.

Wise Measures: Three Proposals To Retain In The FY2015 Budget

Mar 21, 2014
As the final contours of the fiscal year 2014-15 New York State budget are shaped over the coming days the legislature should retain three little mentioned but important proposals by Governor Andrew Cuomo. Although compromises from positions supported by the Citizens Budget Commission, the Governor’s proposals are meaningful reforms; they should not be omitted or watered down as they were in the Senate and Assembly “one-house” budget resolutions.

Five-Year Pocket Summary, 66th Edition, February 2014

Feb 26, 2014

Collection of financial data relating to New York City and New York State government in FY 2010-2014.

Presentation of Governor's FY 2014-2015 Executive Budget by NYS Budget Director Robert Megna

Feb 12, 2014

School Aid in the 2014-15 Executive Budget: An Overview and Interactive Map

Jan 28, 2014
Governor Andrew Cuomo’s fiscal year 2014-15 Executive Budget proposes to increase total education aid from $21.1 billion to $21.9 billion, a change of $807 million or 3.8 percent from school year 2013-14. Of the total increase $100 million is for universal prekindergarten expansion, $79 million is for unspecified uses and $25 million funds performance grants for teachers and school districts.

The Ongoing Challenge of Producing a $2 Billion Surplus: An Update

Jan 23, 2014
On January 21 Governor Andrew Cuomo presented a $142.1 billion fiscal year 2015 Executive Budget. One of its the most anticipated features – previewed at the State of the State address two weeks ago – was a projected $2 billion annual surplus beginning in fiscal year 2016-17. This surplus is achieved only if growth in state operating fund spending (total spending excluding capital funds and federal aid) is held at 2 percent or less.

The Challenge of Producing a $2 Billion Surplus

Jan 17, 2014
Governor Cuomo has stated the $2 billion in tax cuts he proposed in his State of the State address on January 8 can be paid for with surplus funds that will become available in fiscal year 2016-17 if State Operating Funds disbursements can be held to an annual growth rate of no more than 2 percent and receipts grow as projected. With school aid and Medicaid – the two largest items in the state budget – growing at annual rates at or above 4 percent under separate statutory caps, all other categories of spending, including agency operations, will face offsetting reductions to the plan if the net increase in overall state spending is to be kept to 2 percent.
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