City Government Needs to Attract Younger Workers

Feb 19, 2014
A recent report, made available online by the New York City Independent Budget Office, offers important insights into New York City’s municipal workforce. The workforce is aging, with more than -one-third eligible for retirement by 2017. City leaders need to think boldly about how best to reconfigure the City’s compensation and hiring practices to attract a young and skilled workforce in coming years.

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

Feb 12, 2014

CBC Statement On Mayor Bill De Blasio’s Preliminary Budget For Fiscal Year 2015

Feb 12, 2014

The Preliminary Budget for Fiscal Year 2015 contains a double dose of good news: there is more money than had been anticipated, and it will be put to prudent use.

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.

How to Make N.Y.C. Economic Development More Effective

Jan 27, 2014

Central to addressing the challenge of income inequality that Mayor Bill de Blasio has articulated so passionately is the need to ensure New York City's economy continues to grow and more New Yorkers are employed in middle-class jobs.

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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