Generous Helpings of School Aid Exceed the Cap and Benefit All Districts

Apr 04, 2013
The allocation of school aid in New York State’s recently adopted budget for fiscal year 2013-14 has two key features:
  • It exceeds the “cap” tied to personal income growth set for school aid in the last two budgets; aid may grow 5.3%
  • It distributes the funds in a poorly targeted manner, giving increases to wealthy districts as well as needier communities.

A Big Aid Increase for Schools

Mar 27, 2013
Last night the state aid allocations for school districts were released just in time for the State Senate to vote on the budget. The final agreement allocates $20.8 billion, approximately $7,700 per student, in formula-based school aid for school year 2014. This represents an increase of $937 million, or 4.7%, over school year 2013.

A Disappointing Tax Deal

Mar 21, 2013
New York is on track to pass an on-time budget that appears to limit state-funded spending to 2% growth for the 3rd consecutive year. That is good news for New Yorkers. However, while the details are still emerging, one proposal is particularly disappointing.

Letter to the Legislature on CBC's Recommendations for the FY2013-14 NYS Budget

Mar 07, 2013

In a letter to the state legislature the CBC made recommendations for the fiscal year 2013-14 New York State budget. There are two general points that are made:

  • Overall, there is much to like in the prosed budget; it continues progress in reducing the long-standing structural deficit by restraining expenditure growth and avoiding additional tax burdens.
  • “Fine tuning” the proposed budget by rejecting or revising some misguided initiatives would enhance its effectiveness in using New Yorkers’ tax dollars wisely.

Competitive Education Grants in New York State: The Experience in Year 1

Mar 06, 2013
Competitive grants are an important element in Governor Andrew Cuomo’s approach to state aid for education. The new approach began on a small scale last year, and a review of the experience in the first year suggests the proposed expansion may be premature.

JetBlue Airways Receives CBC Corporate Leadership Award

Feb 28, 2013
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.

CBC Presents Prize for Public Service Innovation to Two Environmental Initiatives of the City of New York

Feb 28, 2013
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.

Letters to the State Comptroller and NYSTRS on the Governor's "Fixed Rate" Pension Contribution Plan

Feb 25, 2013

I am writing to share the views of the Citizens Budget Commission on Governor Andrew Cuomo’s proposal to allow local governments to opt into a “fixed rate” contribution plan to fund their public employee pension obligations. We believe this proposal would endanger the future financial viability of the pension plans and recommend you reject it.

Letter to the Comptroller
Letter to NYSTRS

A Busy Day in Albany

Feb 20, 2013
On February 13th, lawmakers in the New York State Assembly had a busy day: they introduced eight bills enhancing the pension benefits of public employees and retirees. These bills would add at least $1.35 billion in costs to State and local employers.
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