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Blog
City Budget
Where Do We Go From Here?
Steering New York City’s Finances in Fiscal Year 2015
June 30, 2014
This blog post examines what’s new in the fiscal year 2015 budget and makes recommendations for steering the City’s finances over the next four years.
Report
Transportation
Misplaced Priorities in the MTA's Capital Plan
October 23, 2014
The plan identifies $16.9 billion in available funding, but a gap of about $15.2 billion remains unfunded. This CBC study focuses on how the money would be spent and recommends that the proposed plan be revised to address three serious shortcomings.
Report
State Budget
Recommendations for the New York State 2005-2006 Budget
March 21, 2005
CBC recommends for the fiscal year 2005-2006 State budget: 1) Significantly reduce spending on Medicaid and on ineffective programs; 2) Make meaningful progress in a long-run realignment of state and local fiscal responsibilities for Medicaid and school financing; 3) Balance the budget with recurring revenues; and 4) Enact the budget on time and in full sunlight.
Blog
State Budget
Wise Measures: Three Proposals To Retain In The FY2015 Budget
March 20, 2014
Three proposals in the FY2015 budget that are meaningful reforms; they should not be omitted or watered down as they were in the Senate and Assembly “one-house” budget resolutions.
Blog
Education
School Aid in the 2014-15 Executive Budget: An Overview
January 27, 2014
Reviews Governor Andrew Cuomo’s fiscal year 2014-15 Executive Budget school aid proposal.
Report
Health Care
Fiscal Challenges Facing the New York City Health and Hospitals Corporation
November 06, 2014
HHC is crucial to all New Yorkers, providing care to more than one million patients annually. Despite HHC's importance, its fiscal condition is troubled. HHC's cash resources are being depleted; absent an aggressive gap-closing plan its cash reserves will be exhausted in fiscal year 2016.
Report
Education
Vote "No" on the Smart Schools Bond Act
October 19, 2014
While enhancing the use of technology in schools is a popular cause, the Smart Schools Bond Act is ill-conceived and deserves a "no" vote for three reasons discussed in this report.
Blog
State Budget
The Challenge of Producing a $2 Billion Surplus
January 16, 2014
With school aid and Medicaid growing at annual rates at or above 4 percent, 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.
Report
Energy & Environment
Getting the Fiscal Waste Out of Solid Waste Collection in New York City
September 23, 2014
With a new mayoral administration, a new sanitation commissioner, and an expired contract with municipal sanitation workers, redesigning the public and private components of local waste collection would save about $300 million annually in the long term. The Mayor and City Council should make this restructuring a goal and begin a multiyear phase-in.
Blog
State Budget
The Ongoing Challenge of Producing a $2 Billion Surplus: An Update
January 22, 2014
On January 21 Governor Andrew Cuomo presented a $142.1 billion fiscal year 2015 Executive Budget with a projected $2 billion annual surplus beginning in fiscal year 2016-17. How can it be achieved?
Report
Pensions & Benefits
The Case for Redesigning Retirement Benefits for New York's Public Employees
April 29, 2005
This report presents recommendations for redesigning the retirement benefits – health insurance and pension payments – for employees of the City of New York and State of New York. It includes a description of current benefits and a comparison to benefits provided by other large private and public employers.
Blog
State Budget
The Challenge of Staying Under the 2 Percent State Spending Cap
May 19, 2014
The discipline of a 2 percent spending cap has markedly improved the State’s fiscal condition and spurred key reforms in Medicaid and State operations.
Blog
City Budget
Controlling the Cost of New York City’s Settlements and Judgments: A Tale of Two Agencies
August 11, 2014
ClaimStat is an innovative, data-based method for analyzing judgments and claims against the City of New York in order to identify ways to reduce their cost. The Health and Hospitals Corporation (now H+H) has used this method with great results.
Statement
Pensions & Benefits
Statement on Commissioner Linn's Response to CBC Letter on NYC Health Agreement With the MLC
June 09, 2014
The CBC appreciates receiving Commissioner Linn’s response to CBC President Carol Kellermann’s letter relating to potential savings from health insurance reforms under the recent agreement with the Municipal Labor Committee.
Report
City Budget
The Myth of the "Uncontrollables"
Four Ways New York City Can Take Control of Its Financial Future and Save $2.5 Billion per Year
May 11, 2005
For years New York City mayors have bemoaned the fact that much of the budget is uncontrollable: pension fund contributions, health insurance, Medicaid, and debt service. This report suggests four ways to reduce the “uncontrollables” and save $2.5 billion annually.
Blog
State Budget
Guidelines for Wisely Using the $5 Billion Windfall
December 15, 2014
Three questions for determining good uses of one-time revenues.
Report
Housing
The Affordable Housing Crisis
How Bad Is It in New York City?
August 05, 2014
The policy brief, the first in a series on housing affordability, analyzes data from 22 U.S. cities to assess whether affordable housing is a nationwide problem or one particular to New York City.
Blog
Education
Fix New York State’s Broken School Aid Formulas
March 11, 2014
Large increase in school aid proposed in the State fiscal year 2014-15 Executive Budget will be misdirected to school districts with less need than others.
Letter
State Budget
CBC Recommendations on Tax Relief and Reform Proposals in Executive Budget
March 05, 2014
This letter expresses support for Executive Budget tax reforms, but recommends that action on the property tax relief proposals be deferred until their design is improved and the surplus necessary to sustain them is achieved.
Video
City Budget
The NYC Budget and Teachers Contract
A Panel Discussion
June 17, 2014
The NYC Budget and Teachers Contract: A Panel Discussion at the Manhattan Institute.