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Statement
City Budget
Statement on the New York City Fiscal Year 2024 Executive Budget
April 26, 2023
The Executive Budget lays bare the stark and potentially dark fiscal reality facing New York City.
Statement
State Budget
Statement on New York State Fiscal Year 2024 Budget Delay
March 31, 2023
While critical policy issues are being hammered out, little if any attention appears directed to how billions of dollars of added unfunded programs will explode the State’s already significant structural budget gap.
Press Release
CBC News
CBC Releases "The Learning Ledger: NYS School Aid Continues to Rise in the 2023-24 School Year"
September 06, 2023
CBC’s new report reveals that New York State’s school aid increases 8.8 percent this year, despite the State’s massive future budget gaps.
Blog
City Budget
What to Look for in the NYC Fiscal Year 2024 Preliminary Budget
January 11, 2023
New York City’s mid-to-long-term outlook is precarious and acting now is key to long-term stability.
Press Release
CBC News
CBC Releases "Stabilized, for Now: The MTA's Operating Budget's Long-Run Outlook"
July 17, 2023
The MTA still has a long-run structural gap—$900 million—that will reemerge in 2029.
Letter
Transportation
Letter from 18 Groups Asking for Transparency of MTA Funded “Member Items”
August 18, 2019
Transparency of outer borough transit account and MTA Capital Program “Set-Aside” funds
Report
Health Care
Options to Enhance the Coordination of Care for Dually Eligible Individuals in New York State
A Discussion Paper
April 25, 2019
This discussion paper outlines lessons from previous and existing efforts to coordinate the care of duals, and suggests five strategies for the State to consider moving forward.
Report
Health Care
A New Approach to Funding New York City Health + Hospitals
December 16, 2019
This report analyzes the system’s finances, compares H+H to other providers in the City, and outlines options to right-size the City subsidy and improve H+H's fiscal future.
Letter
Transportation
Mandatory Debarment of MTA Contractors is Bad Policy and Must be Changed
A Letter to the MTA Board
December 12, 2019
We ask that the MTA Board work with MTA staff to revise the regulations to not mandate automatic debarment.
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
Watchdogs: State’s “Quick Start” Budget Meeting Is Good Government
Sensible for Governor, Comptroller, Senate, and Assembly to Seek Consensus on State Revenues before Starting Debate on Spending
November 14, 2023
“Quick start” is a common-sense way to increase transparency and keep the budget centered on spending priorities instead of bickering over projected revenues.
Press Release
CBC News
CBC Releases "Needs and Wants: What to Look for in the MTA's Twenty-Year Needs Assessment"
September 21, 2023
CBC's new report recommends five ways the MTA can ensure its upcoming Twenty-Year Needs Assessment (TYNA) includes the information that the public, policymakers, and MTA leadership need.
Op Ed
City Budget
Vote yes on a rainy day fund for New York City
New York Daily News
October 21, 2019
When New Yorkers head to the polls to vote, they will find five important ballot proposals, but one in particular is worth supporting because it would make an important change to how the city manages its budget.
Report
Education
School Spending, Enrollment, and Fiscal Cliffs 101:
The NYC Department of Education Budget Before, During, and After the Pandemic
April 11, 2023
Decisions about the DOE’s budget should consider enrollment declines and the City’s precarious fiscal condition.
Blog
Taxes
Pied-à-Terre Tax
Appealing but Problematic
March 13, 2019
The pied-à-terre tax is appealing politically because it is levied on wealthy people with means to pay and nonresidents who do not vote. Nevertheless, it is problematic for several reasons.
Testimony
Transportation
Testimony on the Metropolitan Transportation Authority’s 2020-2024 Capital Program
November 12, 2019
The plan’s sheer size renders it impossible to determine what investments should and will happen in the next five years
Blog
City Budget
5 Myths and Facts about the NYC FY 2024 Budget
August 15, 2023
Let’s unpack the facts behind some common myths about New York City’s budget.
Statement
State Budget
Statement on the NYS Executive Budget for Fiscal Year 2024
February 01, 2023
With a structural budget gap exceeding $12 billion annually, New York should focus on aligning spending with revenues, and should not create new fiscal cliffs.
Blog
Pensions & Benefits
2019 Benefit Sweetener Scorecard
New York State Bill Tracker
May 01, 2019
For the remaining seven weeks of the legislative session, members will propose to enhance the benefits of State and local public employees and retirees.
Blog
City Budget
Spending In Perspective
NYC FY 2024 Executive Budget
May 23, 2023
While proposed fiscal year 2024 City funds spending declines 2.2 percent from what is currently projected for fiscal year 2023, it is 7.5 percent higher than fiscal year 2022.