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Letter
City Budget
CBC Urges City Leaders to Make Substantial Rainy Day Fund Deposit
A Letter to the Mayor and City Council
May 31, 2022
Fiscal preparedness is key to stability and ongoing prosperity; based on prior recessions, the City could face a revenue shortfall totaling $13 billion to $19 billion over three years in the next recession.
Testimony
Housing
Testimony on Senate Bill 3082 on Good Cause Eviction
Submitted to the Senate Standing Committee on Judiciary and the Senate Standing Committee on Housing, Construction and Community Development
January 07, 2022
Thank you for the opportunity to testify on S3082, which would amend the Real Property Law to prohibit eviction or non-renewal of leases without “good cause.”
Letter
State Budget
CBC Urges Governor to Veto 20 Benefit Sweeteners
A Letter to the Governor
December 03, 2022
CBC urges you to veto 20 bills which enhance benefits and increase costs to New York State and local governments.
Blog
Transportation
What to Look for in the February 2022 Update to the MTA’s Financial Plan
February 22, 2022
The MTA will release an update to its operating budget Thursday. Here, we identify some critical items on which to focus.
Testimony
City Budget
Testimony on New York City Police Department's Fiscal Year 2023 Preliminary Budget
Submitted to the City Council Committee on Public Safety
March 18, 2022
Earlier today, CBC released an analysis of the NYPD’s budget that identified six major fiscal takeaways
Report
Housing
Whose Burden Is It Anyway?
Housing Affordability in New York City by Household Characteristics
November 12, 2015
This report looks at New York City rent burdens in more detail, using an in-depth housing survey conducted by the U.S. Census Bureau to consider a variety of household characteristics.
Letter
State Budget
Watchdog Groups Urge State to Publish Basic Financial Tables when Budget Agreement Reached
A Letter to the Governor, Senate Majority Leader, and Assembly Speaker
March 23, 2022
We urge you to publish basic, multi-year financial plan tables when you agree on the Fiscal Year 2023 Enacted Budget.
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.
Testimony
Transportation
Testimony on NYC Ferry
Delivered to the New York City Council Committees on Transportation and Infrastructure and Economic Development
September 22, 2022
Reducing the ferry subsidy is vitally important to EDC’s capacity to meet its core economic development mission.
Press Release
CBC News
Marissa Shorenstein Nominated to be Next Chair of the Citizens Budget Commission
September 08, 2022
Today, the CBC Executive Committee announced it has nominated Marissa Shorenstein to succeed Walter Harris as Chair of CBC.
Press Release
CBC News
Marissa Shorenstein Nominated to be Next Chair of the Citizens Budget Commission
September 08, 2022
Today, the CBC Executive Committee announced it has nominated Marissa Shorenstein to succeed Walter Harris as Chair of CBC.
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.
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.
Blog
City Budget
Big Budget
NYC’s Adopted FY 2023 Budget—Spending and Growth
June 28, 2022
Adopted City Funds spending next year is $77.6 billion, a $5.5 billion (7.7 percent) increase over fiscal year 2022 and $1.9 billion more than the Executive Budget.
Special Feature
Education
Mapping School Aid by District
School Year 2022-23
October 03, 2022
Series of maps on distribution of school aid in New York State.
Letter
State Budget
Groups Urge Governor to Issue Executive Order on Agency Transparency
Letter to the Governor
September 01, 2022
We ask that you issue an Executive Order requiring agencies to publish annual updates of their transparency plans and provide measures that allow the public to track their progress.
Blog
Education
New York State School Aid
A Big Increase, Badly Allocated Among Districts
April 08, 2015
The fiscal year 2016 state budget enacted last week includes a 6.0 percent increase in annual formula-based aid to school districts from $21.8 billion to $23.1 billion. This is the third consecutive year in which the Governor and the legislature have busted the statutory growth cap they agreed upon in 2011.
Statement
Transportation
Statement on the Empire State Development General Project Plan and Letter of Mutual Agreement with the City for the Penn Station Area Civic and Land Use Improvement Project
July 26, 2022
Catalyzing development in the Penn Station district and renovating the station itself should help New York’s competitiveness and enable future growth.
Letter
Education
Letter to Governor Hochul Urging Veto of New York City Class Size Bill
A.10498/S.9460
June 13, 2022
The Citizens Budget Commission urges you to veto A.10498/S.9460, which would set class size limits in New York City public schools.
Report
Housing
Five Myths about Rent Regulation in New York City
May 25, 2015
This brief includes five facts to consider regarding myths about rent regulation and New York City's rental market.