"A quick tribute to the Citizens Budget Commission....you're a great model of public policy institutions like this across the country; no more important time than today for this kind of work." Treasury Secretary Timothy F. Geithner
This is a summary of New York City’s Budget Report Card for fiscal year 2003-2004. It provides a review of the grading criteria and explains the basis for overall "C" grade given to New York City.
This is a CBC Report Card that evaluates New York City's budget for fiscal year 2003-2004. The operating budget is evaluated on four aspects: 1) promoting trust; 2) budgeting responsibly; 3) budgeting effectively; and 4) tax policy. For this fiscal year the CBC Report Card gives New York City an overall “C” grade.
This is a summary of a CBC report that analyzes New York City's municipal worker compensantion and fringe benefits. In this report the Commission urges the Mayor and union leaders to negotiate reasonable changes in fringe benefit policies that will yield recurring savings.
This CBC report highlights six shortcomings in the New York State Budget for Fiscal Year 2003: 1) Rapidly rising expenditures in a recession; 2) Acceleration in Medicaid cost increases; 3) A precariously balanced budget; 4) No significant improvement in school aid; 5) Inadequate debt limits; and 6) Diminished accountability. The CBC also presents five recommendations to address these shor
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