Find Ways to Attract Talent

Aug 12, 2013

CBC's Director of New York City Studies Maria Doulis pens an op-ed in the New York Times' Room for Debate on how the next mayor can achieve important economic development goals: more jobs, a more diversified industry mix, a larger middle class and enhanced entrepreneurship. 

The End of The Retiree Trust Fund

Jul 23, 2013
Today the members of the Financial Control Board (FCB) will meet to certify New York City’s Adopted Budget for Fiscal Year 2014 is balanced. As the FCB mentions in its report, the 2014 budget is balanced with $2.8 billion in surplus funds from fiscal year 2013 and $1 billion withdrawn from the Retiree Health Benefits Insurance Trust Fund.

Letter to the Port Authority Calling for an Improved Budget Process and More Transparency

Jul 16, 2013

The CBC urged the Port Authority to improve its budget process and make it more transparent. The letter offered six recommendations to resolve these problems, such as long-term planning, regular reporting, and detailed budgeting

Letter to Governor Cuomo Regarding bill A7302-A/S5568-A on Preschool Special Education Program Providers

Jul 02, 2013

In a letter to Governor Andrew Cuomo the CBC urged to approve A7302-A/S5568-A passed in the latest legislative session. The bill’s provisions will improve the oversight of preschool special education program providers.

Remaining the World's Most Competitive City

Jun 19, 2013

A study released earlier this month by The Economist Intelligence Unit held good news for New York City, which ranked first among 120 global cities based on ability to attract capital, businesses and talent. But the competition is fierce, and is not limited to international megacities like London, Singapore, Hong Kong, and Tokyo.

Binding Arbitration Law: Don’t Extend It, Improve It

Jun 14, 2013
An important agenda item for the final week of the New York State legislative session will be whether and how to extend the law, expiring July 1, that permits police, firefighters and other unionized law enforcement officials to resolve labor contract impasses through binding arbitration. Rather than renewing the statute as a matter of routine, as has occurred for decades, State leaders should amend the statute to address its key weakness: inadequate consideration of the fiscal condition of State and local governments.

New York Tops the List in State Public School Spending

Jun 04, 2013
In 2011 per pupil education spending nationwide fell 0.4%. In New York, however, per pupil spending increased 2.5% from $18,618 to $19,076, fully 81% above the national average and placing it at the top of the spending list for all 50 states.

How Much, and for What?

May 22, 2013
These two vital questions about New York City’s capital budget are not being addressed by the mayoral candidates. Although the damage caused by Hurricane Sandy served as a sharp reminder of the importance of public infrastructure and long-term capital planning, Mayor Michael Bloomberg’s Ten-Year Capital Strategy, a plan for $54 billion in infrastructure investments, has received little attention since its release a few weeks ago with the Executive Budget.
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