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Statement
City Budget
Statement on NYC Preliminary Budget FY 2020
February 07, 2019
In this uncertain economic environment, Mayor Bill de Blasio is right to urge caution and has announced the first Program to Eliminate the Gap (PEG) of his administration to be implemented in the Executive Budget. But for now, the City of New York Preliminary Budget Fiscal Year 2020 shows modest restraint in spending growth.
Statement
City Budget
Statement on the NYC Fiscal Year 2020 Adopted Budget
June 14, 2019
The FY 2020 Adopted Budget agreement increases savings and reserves; unfortunately, new spending commitments are greater than deposits to the City’s reserves.
Statement
City Budget
Statement on NYC Preliminary Budget for FY2018
January 24, 2017
Mayor Bill de Blasio’s Preliminary Budget for Fiscal Year 2018 continues an expansion of the scale of municipal government to a record size.
Statement
City Budget
Statement on the NYC FY 2020 Executive Budget
April 25, 2019
Mayor de Blasio’s stay-the-course budget does not take the steps needed to preserve services or forestall tax increases in the eventual hard times.
Statement
State Budget
CBC Statement on the New York State FY 2020 Midyear Update
November 22, 2019
Statement by Citizens Budget Commission (CBC) President Andrew S. Rein on the New York State FY 2020 Midyear Update
Statement
Transportation
Statement on the MTA's 2020 Final Proposed Budget and November 2020-2023 Financial Plan
November 14, 2019
Statement by CBC President Andrew S. Rein on the MTA 2020 Final Proposed Budget and November 2020-2023 Financial Plan.
Statement
State Budget
Statement on the NYS Executive Budget for FY 2020
January 16, 2019
Governor Andrew Cuomo FY 2020 Executive Budget addresses some policy priorities in a prudent manner, but fails to adequately control spending and build reserves.
Statement
Transportation
Statement on the 10-Point Plan to Transform and Fund the MTA
February 26, 2019
Citizens Budget Commission President Andrew Rein issued this statement on the 10-Point Plan to Transform and Fund the Metropolitan Transportation Authority (MTA):
Statement
Health Care
Statement on the "Collins Amendment"
March 22, 2017
The recent addition of the “Collins Amendment” to the House of Representatives’ American Health Care Act provides a strong incentive for New York’s Governor and Legislature to eliminate the mandated local share of Medicaid costs, a policy change long advocated by the Citizens Budget Commission.
Statement
City Budget
Statement from CBC Praising Historic Vote to Protect New York City's Finances
November 06, 2019
New Yorkers approve charter amendment to create a Rainy Day Fund
Statement
City Budget
Statement on the NYC November 2017 Financial Plan Modification
November 21, 2017
We await January's plan to indicate how the Administration intends to address potential storm clouds on the horizon and to fund new initiatives the Mayor has discussed.
Statement
Transportation
Statement on MTA's Labor Deal With the TWU
January 17, 2017
CBC's take on the MTA-TWU deal negotiated in January 2017.
Statement
State Budget
Statement on the NYS FY2018 Adopted Budget
April 10, 2017
Despite fears of substantial cuts in federal aid, the nine-day tardy adopted budget includes excessive spending without needed reforms.
Statement
City Budget
Statement on the Mayor's Executive Budget for FY 2018
April 26, 2017
Despite reductions in the tax revenue forecast and minor reductions in State aid, the Budget adds more than $700 million in new agency needs in fiscal year 2018.
Statement
State Budget
Statement on the NYS FY 2020 Announced Budget Agreement
April 01, 2019
A state budget agreement appears to make progress on a number of important policy areas, but does not protect from a possible economic downturn.
Statement
Transportation
Statement on the Mayor’s Proposal to Raise Revenue for the MTA
through an Increase in the NYC Personal Income Tax
August 07, 2017
Mayor de Blasio’s proposal to raise the top rate on the personal income tax is not an appropriate way to raise funds.
Statement
City Budget
CBC Urges New Yorkers to Vote Yes on Ballot Question #4
October 15, 2019
CBC President Andrew Rein issued this statement on the 2019 New York City Charter Revision Commission’s Ballot Question 4 on the New York City Budge
Statement
Health Care
Statement on Medicaid Payment Delays in the New York State Budget
October 03, 2019
CBC President Andrew S. Rein released this statement on the Medicaid Payment Delays in the New York State Budget: "The State making an end of fiscal year 2019 Medicaid payment a week late was no mere delay. It was an obfuscation of the State’s fiscal condition, allowing the State to avoid addressing a deep and recurring problem."