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Blog
City Budget
The Citywide Savings Program: OMB is Leading and Agencies Should Follow
May 31, 2017
NYC agencies should develop meaningful efforts to streamline operations and improve productivity.
Blog
City Budget
Scant Savings
Agencies Must Increase Efficiency to Meet Budget Target
February 15, 2017
The $3.8 billion Citywide Savings Program features little in the way of savings from increasing the efficiency of government operations.
Op Ed
State Budget
Repeal the Film Tax Credit, But Don't Expect Savings Just Yet
Even if this wasteful program is killed in 2018, its expenditures will continue for years
December 13, 2017
The Citizens Budget Commission is a long-time critic of the New York State Film Tax Credit program and supports its repeal. However, due to some unusual provisions of state tax law, repeal of the credit will not yield immediate state savings.
Testimony
Economic Development
Testimony on Economic Development Programs
Given to the New York State Assembly Standing Committee on Economic Development, Job Creation, Commerce and Industry, and the Standing Committee on Small Business
November 13, 2017
Testimony on economic development programs that leverage state funds to translate technological advancements into viable long-term business development and economic growth.
Blog
Economic Development
NY’s Economic Development Programs Costliest in the Nation
April 07, 2017
It's official: NY's economic development programs cost more than in any other state.
Testimony
Transportation
Testimony on the MTA’s Access-A-Ride Program
December 18, 2019
The City should work with the MTA to assure that Access-A-Ride will achieve firm financial footing while providing a cost-effective and efficient service.
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.
Blog
City Budget
Less Spending, More Saving
Benchmarks to Assess the NYC Financial Plan
November 13, 2019
Four things the upcoming budget should do to put the city on better financial footing.
Op Ed
Transportation
Shared sacrifice to save the subways
It's not just the mayor and governor; transit workers and motorists must chip in, too
July 28, 2017
Neither the “city” nor the “state” is a person with a bank account: it is taxpayers who are being called upon to foot the bill. Motorists and workers should also share the burden.
Letter
Economic Development
Governor Cuomo Should Veto Bills Expanding Economic Development Programs
November 20, 2017
CBC recommends Governor Cuomo veto three bills that would expand an economic development program.
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.
Video
City Budget
The Mayor Called on NYC Agencies to Cut Their Budgets, But is the City Saving Enough?
NY1 Inside City Hall
February 08, 2019
CBC President Andrew Rein and IBO Director Ronnie Lowenstein joined Errol Louis on NY1 Inside City Hall to analyze the budget and explain if the city is saving enough for the next economic downturn.
Testimony
Transportation
Testimony on the Metropolitan Transportation Authority’s 2020-2024 Capital Program
November 12, 2019
The plan’s sheer size renders it impossible to determine what investments should and will happen in the next five years
Press Release
Transportation
Groups call for MTA Capital Program Review Board to Follow Open Meetings Law
August 08, 2019
Seventeen groups call on MTA Capital Program Review Board to follow open meetings law.
Op Ed
City Budget
City Can Save Billions with Better Management, Work Rules
February 01, 2022
New York’s recovery, economic competitiveness and continuing capacity to support its most vulnerable depends on making sure city services are high quality, efficient and affordable.
Statement
City Budget
Statement on the NYC Program to Eliminate the Gap (PEG) for the November 2022 Financial Plan
September 12, 2022
This is a timely call that rightly focuses on increasing productivity to reduce recurring costs while preserving services that New Yorkers rely on.
Press Release
Education
CBC Identifies Strategies to Significantly Reduce Public School Crowding and Save $2.4 Billion
July 10, 2019
CBC released a comprehensive report demonstrating how administrative solutions can reduce school crowding.
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.
Blog
City Budget
PEGging It Right
Guidelines for the PEG Process
March 05, 2019
For the first time since taking office, Mayor Bill de Blasio has announced plans to implement a Program to Eliminate the Gap (PEG), which requires agencies to generate savings through expense reductions or revenue enhancements. The de Blasio administration previously eschewed PEGs in favor of Citywide Savings Plans (CSPs); in contrast to the PEG, agency participation in the CSP was voluntary. Pursuing a PEG presents both a challenge and an opportunity. This blog proposes three guidelines for the process: 1) identify significantly more than $750 million in savings, 2) encourage recurring savings through efficiency, and 3) follow agencies’ leads.
Report
Health Care
Medicaid Supplemental Payments
The Alphabet Soup of Programs Sustaining Ailing Hospitals Faces Risks and Needs Reform
August 31, 2017
$5 billion in annual supplemental payments are important to the finances of many hospitals. Federal policy will shrink these payments; the impact will be most severe for NYC municipal hospitals.