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Report
City Budget
PEG for Productivity
NYC's Fiscal Year 2023 Program to Eliminate the Gap
April 05, 2022
To increase the City’s fiscal stability and the quality of priority services, identifying and implementing efficiencies to reduce recurring costs without reducing services should be a high priority.
Testimony
Housing
Testimony on the Impact of NYCHA's RAD/PACT Program
Submitted to the City Council Committee on Public Housing
May 03, 2022
The New York City Housing Authority’s (NYCHA) Rental Assistance Demonstration (RAD) and Permanent Affordability Commitment Together (PACT) programs deliver meaningful changes for NYCHA residents, but it alone will not solve NYCHA's capital crisis.
Testimony
Economic Development
Testimony on the Effectiveness of NYS Economic Development Programs
Submitted to Joint NYS Senate Committee Hearing
January 14, 2022
While New York is a leader in the scope and amount of its economic development spending, it is not a leader in job-creating projects.
Report
Health Care
Narrowing New York's Health Insurance Coverage Gap
January 11, 2022
More than 1 million New Yorkers remained uninsured and New York ranks seventh among states on coverage.
Testimony
City Budget
Testimony on New York City’s Preliminary Fiscal Year 2023 Budget
Submitted to the City Council Committee on Finance
March 02, 2022
To truly set the City on a path to fiscal stability, the Administration should follow these preliminary steps with actions that substantively restructure how the City delivers services and manages its finances.
Report
Housing
The Potential for Office-to-Residential Conversions
Lessons from 421-g
December 11, 2022
This brief analyzes how the 421-g program was used and offers lessons for designing a cost-effective program to support office-to-residential conversions in today’s market.
Testimony
City Budget
Testimony on the New York City November 2022 Financial Plan for Fiscal Years 2023 to 2026
Submitted to the New York City Council Committee on Finance
December 08, 2022
This November Plan demonstrated that while New York City’s short-term budget challenges are manageable, its long-term fiscal outlook is precarious.
Testimony
Housing
Testimony on the Adams Administration’s Housing our Neighbors Plan
Submitted to the City Council Committee on Housing and Buildings
July 01, 2022
Affordable housing production is also only one piece of the housing policy toolkit. While increasing the supply of affordable units is critical, the City, State and federal governments address the demand side, as well, by subsidizing household incomes, primarily though rental housing vouchers and other household subsidies and through workforce development programs.
Report
Economic Development
Determining an Appropriate Buffalo Stadium Subsidy
Don't Just Wing It
March 21, 2022
New York does not have a good track record of demonstrating that its economic development programs yield benefits exceeding their costs.
Report
State Budget
Accounting (and More) for a Better Budget
Strategies to Improve New York State Budgeting and Fiscal Management
December 20, 2022
It is critically important that the State’s budget and fiscal management processes be improved to enable better decision-making, outcomes, and accountability.
Report
State Budget
Risky Business
What Could Happen If NYS Spends More… More… And Much More
March 23, 2022
The fiscal year 2023 State budget is being negotiated in the context of apparent unprecedented State fiscal strength, though economic and pandemic uncertainties serve as stark reminders to be prepared for emergencies.
Testimony
City Budget
Testimony on the Recommendations of the NYC Advisory Commission on Property Tax Reform
Submitted to the New York City Council Committee on Finance
November 15, 2022
While momentum for property tax reform was slowed by the pandemic, the need for it has not diminished.
Report
Housing
Amend it, Don’t End It
Improve 421-a to Spur Rental and Affordable Housing Development
March 15, 2022
Allowing 421-a to lapse would significantly reduce rental housing development, worsen the city’s existing housing supply shortage, and make New York City’s already scarce and costly rental housing scarcer and more expensive.
Report
Transportation
Prioritizing the MTA's Critical Capital Needs
What to Do When You Can’t Do It All
August 23, 2022
The MTA has significant needs for capital investment, from signal modernization and track improvements to new subway and train cars to making stations across the system accessible.
Report
Education
More Money, Little Accountability
New York Continues to Increase State School Aid
October 03, 2022
New York State’s schools spend nearly twice the national average per student, without delivering above-average results in achievement.
Report
City Budget
Track to Have Impact
How to Create NYC's Needed Federal COVID Aid Tracker
January 24, 2022
To support the COVID-19 response and recovery, an unprecedented level of federal aid has been flowing to New York City.
Testimony
City Budget
Testimony on NYC’s Spending of Federal COVID-19 Relief Funds
Submitted to the New York City Council Committee on Finance and Committee on Oversight and Investigations
November 07, 2022
New York City will receive over $25 billion in federal COVID-19 relief funds; around $19 billion of these funds had been spent through the end of fiscal year 2022.
Testimony
Public Workforce
Testimony on the NYC Municipal Workforce
Delivered before the New York City Council Committees on Civil Service and Labor, and Oversight and Investigations
September 09, 2022
The City needs to move the existing vacancies to where they are needed, streamline the hiring process, and consider how to be more flexible given the tight labor market and modern career paths.
Report
State Budget
Options to Address NYS' Unemployment Insurance Trust Fund Debt
June 14, 2022
The State has three options for addressing the Trust Fund’s current debt, each of which have trade-offs and implications that should be considered.
Testimony
Transportation
Testimony on the Congestion Pricing Environmental Assessment
August 31, 2022
CBC supports speedy implementation, paired with ongoing monitoring and continual improvement, to reduce congestion and emissions and improve transit for the future of all New Yorkers.