Debt | CBC

In The Danger Zone: A Comparative Analysis of New York State's Long-Term Obligations

Mar 09, 2010

A comparative analysis of the 50 states indicates that New York's debt burden is in a "danger zone;" it is well above national averages and greater than that of all but three states. As a result New Yorkers are currently paying about $5.6 billion in debt service, and in four years the state's credit card obligation will be over $7.1 billion or one of every ten dollars paid in taxes.

Debt

CBC Issues Report On New York State’s Debt Burden

Mar 09, 2010

CBC released a report on New York State's debt burden, which raises serious concerns about the existing levels of debt and comes at a time when the State is considering ways of addressing a budget gap of more than $9 billion.

Debt

New York's Public Authorities: Promoting Accountability and Taming Debt

Jun 01, 2006

This is the summary of a report that analyzes five problems with New York's public authorities, all of which fall into two categories: 1) problems of transparency and governance, and 2) problems with debt.

CBC Recommends How to Improve the State Budget for FY 2004-2005

Mar 25, 2004

The CBC today sent a letter to Members of the State Legislature proposing specific ways to improve the State Budget for fiscal year 2004-2005.

CBC Letter to the State Legislator Urging Them to Follow "The Palisades Principles"

Mar 24, 2004

The CBC letter to members of the State Legislature proposing specific ways to improve the State Budget for fiscal year 2004-2005.

An Affordable Debt Policy for New York State and New York City

Oct 18, 2000

CBC report that presents a new approach for determining how much the State and City should borrow. The report includes criteria for deciding how much state and local debt is affordable and makes recommendations on how these criteria should be applied to decisions by the State and the City.

An Affordable Debt Policy for New York State and New York City

Oct 01, 2000

This is the summary if a report that analyzes the existing problems, presents criteria for deciding how much state and local debt is affordable, and recommends how those criteria should be applied to decisions by New York State and New York City.