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Report
Education
Gambling Revenues
November 29, 2004
CBC assesses the potential to increase gambling revenue in order to meet the requirements of the Campaign for Fiscal Equity settlement and finds that aggressive pursuit of gambling revenues has the potential to generate $2 and $3 billion annually, but the State must consider its long-run sustainability, disproportionate impact on lower-income taxpayers, and social costs.
Report
Public Workforce
Governor Cuomo's Labor Contracts
Only Getting Part of the Job Done
January 06, 2017
In collective bargaining, the Governor must balance paying workers fairly with keeping tax levels reasonable. More needs to be done to control rising fringe benefits costs.
Report
Public Workforce
The Citizens' Stakes in Collective Bargaining
Recommendations for the Current Negotiations with the Municipal Employee Unions
December 12, 2000
Report presenting recommendations for contracts to be negotiated with municipal employees that would help reduce the cost of public services, improve the quality of those services, and enhance the income and working conditions of New York's civil servants.
Report
State Budget
Predicting the Peak, Preparing for the Trough
An Examination of the Impact of a Possible Recession on New York State
June 20, 2016
The impact of a possible recession could be as high as $59 billion, or 18.2 percent of tax revenues over four years.
Report
Housing
Making the Most of Monitorship
Leveraging the Opportunity to Meet NYCHA's Needs
May 26, 2022
In 2018, after decades of underinvestment and recurring management problems, the New York City Housing Authority (NYCHA) was on the brink of federal receivership.
Report
City Budget
NYC Resident Feedback Survey: Community District Results
Reveal Wide "Satisfaction Gap" Between Districts
June 30, 2017
How do New Yorkers feel about quality of life and municipal services? It varies tremendously by community district.
Report
Pensions & Benefits
Union-Administered Benefit Funds
Getting More Out Of A Billion Dollar Taxpayer Contribution
February 08, 2018
NYC taxpayers are projected to contribute $1.1 billion to 108 union-administered benefit funds. Better management, oversight, and consolidation can create more than $160 million in savings for the City and improve benefits for members.
Report
Transportation
Refunding the MTA's Debt
The Importance of Getting it Right
May 06, 2012
This brief examines the Metropolitan Transportation Authority's (MTA) large-scale refunding of outstandingdebt. It focuses on a refunding that saves money and spreads debt service costs fairly over time and does not juggle the timing of debt service costs in a manner places unfair costs on riders and taxpayers in the more
distant future.
Report
Taxes
Practical Policy in Challenging Circumstances:
How NYS and NYC Should Respond to the Tax Cuts and Jobs Act
March 18, 2018
Strategies to mitigate the federal tax law's threat to New York's competitiveness and New Yorkers' wallets.
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.
Report
Housing
Uncertain Future, Urgent Priority:
Fix NYCHA's Operating Budget Now
May 19, 2023
rapidly rising costs and flagging rent collections have combined to widen budget gaps, leaving NYCHA increasingly reliant on City subsidies and other non-operating resources to fund its basic operations.
Report
City Budget
Hard Choices That Can Balance New York City's Budget
June 10, 2020
By making the right hard choices the City can balance the budget without resorting to long-term borrowing, layoffs, service cuts, or tax increases.
Report
City Budget
What to Look for in the New York City November 2023 Financial Plan
November 14, 2023
When New York City adopted its fiscal year 2024 budget in June 2023 without addressing underlying structural imbalances, it virtually guaranteed that major fiscal challenges remained on the horizon.
Report
City Budget
Federal Aid Now, Fiscal Cliffs Later
The Missed Opportunity for NYC Budget Stability
May 24, 2021
Greater detail is needed to address these shortcomings and facilitate the transparency and accountability that should accompany this historic level of resources and the opportunity they provide.
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.
Report
City Budget
Giving Taxpayers More Bang for the Buck
Managing for Results in New York City Government
November 01, 2006
In this report summary, CBC highlights two major weaknesses in the City’s management accountability framework: 1) Money and performance are not connected in the budget; and 2) The City is not focused on achieving results the public desires in every service area. To address these weaknesses, the report makes five recommendations.
Report
State Budget
Top of the Charts
New York and Its Localities Were #1 in Taxes and #2 in Spending
February 13, 2024
New York does not exist in a vacuum. It competes with other places, and other jurisdictions’ experiences provide an important perspective on the different choices that are being made.
Report
Public Workforce
Reform at the Bargaining Table
Labor’s Participation Needed to Improve the MTA’s Financial Outlook
April 30, 2019
The MTA's fiscal outlook is dire, and improving it requires a multipronged approach. Paramount in the effort is slowing the growth of labor costs.
Report
Health Care
A Troubling Prognosis for HHC's Finances
April 23, 2012
This report assesses New York City Health and Hospitals Corporation's (HHC) critical role within the health care safety net protecting lower income New Yorkers, and it explores two significant fiscal challenges in the coming years: threats to City-supported revenues and an inadequate gap-closing plan.
Report
Taxes
A Simulation of Business Taxes in New York City and Other Locations
June 02, 2007
This report focuses on state and local business taxes in New York City, showing that those taxes are dramatically higher than comparable taxes for key competitors. Combined federal, state, and local taxes reduce the rate of return on new business investment in New York City significantly – about 36-50 percent, depending on location and industry. Most of this is due to federal tax – typically 34-36 percentage points. Taxes in New York City were the highest in all industries in 2006, and were highest or second-highest under virtually all scenarios examined. By contrast, taxes in other New York locations often were lowest or nearly lowest among the locations compared.