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Video
City Budget
Brian Talks New York: Fair Fares And Other NYC Budget Debates
CUNY TV Channel 75
April 19, 2018
The City Council has presented a budget that includes reduced priced Metrocards for low-income New Yorkers and other ideas. Brian discusses this with Citizens Budget Commission president, Carol Kellerman and City Councilman Ydanis Rodriguez.
Video
Taxes
The New York City Property Tax
Problems, Inequities, and Potential Reforms
September 13, 2018
NYC Advisory Commission on Property Tax Reform is charged with recommending reforms to make the NYC property tax fairer, simpler, and more transparent. CBC, the Regional Plan Association, and NYU Wagner convened a panel to discuss the current property tax system and the reforms that should be pursued.
Blog
City Budget
City's Fourth Extension of the School Bus Grant Program Should Be Rejected
March 08, 2018
The City Council should reject this program, and all new school bus contracts should be awarded with an eye toward realizing savings in the costs of pupil transportation, now more than $1.2 billion.
Press Release
State Budget
CBC Releases Comprehensive Analysis of Governor Cuomo's Two Terms in Office
October 18, 2018
The CBC released a comprehensive analysis of the major demographic, economic, and fiscal trends in New York State since Governor Andrew Cuomo assumed office on January 1, 2011.
Video
Housing
Stanley Brezenoff, Interim Chair & CEO, NYC Housing Authority
CBC Breakfast Series
October 10, 2018
Mr. Stanley Brezenoff oversees 326 public housing developments that are home to more than 400,000 New Yorkers. Mr. Brezenoff's shares his reaction to recent CBC research and gives an update on NYCHA's activities and planning.
Presentation
New York State Rainy Day Reserves: California Dreaming
Crain's New York Business
March 18, 2018
Despite worries about NY's economic future following federal tax legislation, the state has not prepared for a downturn by contributing to reserves.
Letter
Transportation
CBC and Others Outline a Plan to Finance Long-Term Capital Needs of the MTA
May 05, 2009
This letter from the CBC and other advocates outlines a plan to finance the long-term capital needs of the MTA and its immediate operating deficit. The mobility tax should be used for expenses related to the MTA's capital plan, not for operating expenses after the first year.
Report
Pensions & Benefits
2009 Benefits Sweetener Scorecard
June 02, 2009
The 2009 edition of the scorecard developed by the CBC that highlights legislative activity related to pension costs. The scorecard will track the introduction, progress, and sponsors of legislation designed to sweeten existing pension benefits of government employees, as well as any pension reform efforts to reduce future pension liabilities.
Letter
State Budget
Recommendations for Legislative Action on the NYS Executive Budget for FY2019
March 05, 2018
CBC's take on proposals that should be supported, modified, or rejected.
Podcast episode
City Budget
$307.45 with Anita Laremont
April 18, 2018
$307.45 - the minimum per square foot price for selling air rights in East Midtown. NYC Department of City Planning General Counsel and Chief Data Officer Anita Laremont discusses the de Blasio's administration's approach to commercial and neighborhood development, including the East Midtown rezoning, Mandatory Inclusionary Housing, and more.
Blog
State Budget
Reallocate Settlement Payments to Boost Rainy Day Funds
July 09, 2018
NYS has wom more than $11 billion in litigation settlements since FY 2014-2015. The spending of some of the settlement funds have more merit than others, but one major shortcoming is that none of the funds were allocated to boosting reserves.
Podcast episode
City Budget
Episode 59: 1981
November 16, 2018
The data point for today is 1981, the year in which the State Legislature enacted S7000A, the landmark bill that formalized the current property tax system for New York City. A response to the Hellerstein case, which found the system was in violation of State law, S7000A essentially codified the status quo.In doing so, it established a system of property classification, fractional assessments, caps, phase-ins, and class shares that is still with us 37 years later. These structural features and statutory requirements are the root of the system’s inequities and complexities. A home worth $500,000 can face the same tax bill as a home worth $1.5 million, while the value of a condominium unit, according to the City, is a fraction of its sale price. In fact, some buildings have values that are below the sale price of individual units. And commercial and rental property faces a higher average property tax burden than 1-, 2- and 3-family homes.
These inequities and problems have led to repeated calls for reform, including pending litigation. This past May, Mayor de Blasio and Speaker Johnson formed the Advisory Commission on Property Tax Reform. In September, the Citizens Budget Commission, the Regional Plan Association, and NYU Robert Wagner School of Public Service held a panel to discuss the problem, inequities and potential reforms
Statement
State Budget
Statement on NYS Executive Budget for FY2019
January 17, 2018
The overall approach is to use short-term fixes that do not address the long-term structural problem of spending outpacing revenues.
Video
Group looks at New York's fiscal responsibility
NEWS10 ABC
October 22, 2018
Progressive, first, best are all terms have been used to describe New York’s economy. One non-partisan watchdog group took a look at how responsible the state has been with its money since Andrew Cuomo took office eight years ago.
Letter
City Budget
CBC Proposes a New Fiscal Strategy for the City's FY2010 Budget
June 10, 2009
This letter to the mayor, speaker, and chairman of the finance committee outlines four key elements of a new fiscal strategy that would address the structural imbalance in the City's budget due to the ongoing recession.
Testimony
Transportation
Testimony on Challenges Facing the MTA
Submitted to Senate Finance Committee
September 03, 2009
Testimony of CBC President Carol Kellermann to the New York State Senate Finance Committee regarding the critical challenges that will face the MTA in the coming years, including balancing the MTA's operating budget, financing new capital investments, and planning and implementing capital projects.
Op Ed
Transportation
Latest value capture proposal could harm NYC
City taxes should not be diverted to the MTA without local input
March 22, 2018
While value capture makes sense in theory, any such arrangement should be tailored to specific projects and circumstances - with the agreement of the City.
Blog
City Budget
NYC Budget to Absorb $1 Billion in Additional Spending Due to State Actions
April 23, 2018
The upcoming City budget will have to contend with some sizable impacts from the recently-enacted State budget.
Blog
Education
Ripe for Reform
$466 Million in Education Aid
January 02, 2018
New York State will send $25 billion to local school districts during the 2017-2018 school year, accounting for approximately 37 percent of school district revenues.
Report
Health Care
Options for Enhancing New York's Health Home Initiative
A Discussion Paper
May 01, 2018
This paper addresses the challenges in extending Health Homes to all who can benefit from their services in a cost-effective manner.